Transforming the Blue Economy with Maldives MSME Empowerment and Blended Finance

About this project

The Maldives’ expansionary growth fuelled by debt and concentrated on infrastructure development, has exerted significant pressure on the nation’s natural capital, threatening the health of its critical ecosystems. This projectaddresses the need for sustainable resource management through a Blue Economy approach, recognizing that Micro, Small, Medium Enterprises (MSMEs) can play a pivotal role in this transition. By establishing a Blue Economy capacity building programme, the project aims to foster innovation and diversify economic activities with a specific emphasis on fostering investment against climate change adaptation by the private sector.

Goals

Sustainable Development Goals this project works towards

• 8Decent Work and Economic Growth

Published by

United Nations Development Programme · Multilateral

Countries

Maldives

Sectors

Fishery developmentFishery education/training

Funded by

Foreign,Commonwealth & Dev.Off.

Implemented by

UNDP

Accountable

UNITED NATIONS DEVELOPMENT PROGRAMME

Published by United Nations Development Programme to the International Aid Transparency Initiative (IATI), last updated 5 Oct 2026 and imported automatically. IATI identifier: XM-DAC-41114-PROJECT-01003526.

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