scaling coral restoration as a latin america and caribbean

EU-GCCA+ Initiative Deck

Scaling Coral Restoration as a Latin America and Caribbean Blue Economy case study

Coral reefs are one of the most valuable ecosystems on EarthConservatively generating $30B+ annually

Private & Confidential

Restoring Our World’s Dying Reefs


Healthy coral reefs:

• Sustain 25% of marine life

• Provide revenue and food security for up to 1 billion people in ~100 countries

• Protect shoreline property, infrastructure, and lives by reducing wave energy by an average of 97%

• Contain critical medicinal compounds

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Tourism

Fisheries

Coastal Protection



Yet coral reefs are dying worldwide

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50%

1975

1985

2004

2014

Carysfort Reef, Florida

of global reefs are already dead90%+will die by 2050

• Overfishing

• Pollution• Habitat

destruction

• Rising sea temperatures

• Ocean acidification• Mismanaged coastal

development



Nearly 40 countries and overseas territories in LAC have coral reefs – and all are at risk



Coral restoration is proven to revitalize reef health

• Ocean-based farms have limited impact

• Cannot strengthen coral resiliency• Lacking critical species diversity because

many take decades to grow• $70-$150 per coral• Grant/donation-funded system is insufficient

But current models don’t scale


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Commercial land-based coral farms designed for massive scale.

Coral Vita’s Grand Bahama coral farm

INTRODUCING



We leverage breakthrough innovations to grow Super Corals

8

Grow up to 50x faster

Resilient to climate change

Genetically diverse

Coral Vita’s innovative approach unlocks new scalable revenue models




Restoration as a service and eco-tourismEcosystem-scale coral farming can stimulate marine life, job growth, new industrial activities, and key socio-economic benefits from healthy oceans

Resorts &Developers

MitigationBanks

Cruise & Tourism Operators

Reef Insurance &Sponsorship

Governments

Revenue model #2: farms as eco-tourism and education centers through entrance fees, adopt-a-coral, and planting coral

Revenue model #1: selling restoration as a service to customers that depend on reefs’

valuable ecosystem services

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Insurance Industry

This is a multi-billion dollar opportunity

• Indonesia - $19.3B• Australia - $18.2B• The United States - $7.8B

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Resorts &Developers

DevelopmentBanksBottom-up market analysis to restore the

world’s most valuable and threatened coral reefs (5% of total reef area) is more than $100B

• Fiji - $3.9B• The Bahamas - $625M• Dominican Republic - $225M

Coral Vita’s pilot blew our predecessorsout of the water




Our 2019 pilot in Grand Bahama was the world's first commercial land-based coral farm for restoration

Secured discounted land and licenses from partners at the Grand Bahama Port Authority

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Supported by the Bahamas Government with necessary permits for restoration

Received high-profile coverage from major publications with millions of impressions

Raised $2.1M via investments, grants, and prizes to fund farm construction and OPEX



In four months, our coral farm surpassed most long-established organizations

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24 coral species grown in our farmcompared to 3-5 species at other Caribbean farms

Massive increase in sexual reproductive rates unlocking genetic diversity

1M eggs in nature = 1 new coral 100 eggs in our lab = 1 new coral

10,000x

7xspecies

reproductive rates



While demonstrating proof-of-concept for our business and impact model

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Generated revenue from eco-tourism activities and interest for restoration as a service from potential customers

Developed popular programming for students and community members to promote long-term local stewardship



Then Grand Bahama was hit by one of the worst hurricanes in history

Most powerful storm ever recorded in The Bahamas

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17-foot storm surge through our farm

Billions of dollars in damages nationally



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This unprecedented hurricane proved the importance of our work

Healthy coral reefs protected shorelines from the storm


Coastal ecosystems are essential for island resilience

Especially as storms worsen with climate change



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And now Coral Vita is ready to scale our work to the next level

Growing interest for reef restoration (e.g. funds for hurricane redevelopment)

First restoration contact signed with Bahamian government(project expanding with matching funds)

Farm infrastructure back operational and being upgraded

Profile skyrocketing (Branson/Virgin, UN, CNN, Vice, etc.)



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Pilot Farm 2018-20 High-Tech Farm 2021-22 Global Network 2023+

Rollout Plan

✓Demonstrated land-based farming efficacy

✓Proof-of-concept for revenue streams

✓Continued research and development

• “Gigafarms” built around the world

• Sustaining reefs for future generations

• Established leaders in the Restoration Economy

• State-of-the-art facility• Ecosystem-level impact

• Build out restoration and ecotourism revenue streams

• Upgraded laboratory



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Corals per year

100k+$1.5M

Large-scale farms = large-scale impactOver 100 countries and territories need ecosystem-level reef restoration

<$10 12+ CAPEX COGS

per coralAcres restored

per year

Economies of scale continue to improve for growing millions of coral per farm



Coral Vita’s vision: a global network of nation-scale 'gigafarms' to jumpstart the Restoration Economy and prevent ecosystem collapse.

Coastal Re-Insurance

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In the process we will capitalize on emerging markets:

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Debt-For-Adaptation Swaps

Mitigation Banks

Blue Bonds



Private Sector

Civil Society

Fisheries

Local Communities

Governments

Conservation Finance

Biodiversity

Scientists

“For most of history, man has had to fight nature to survive; in this century he is beginning to realize that, in order to survive, he must protect it.”– Jacques Cousteau


Thank you!For more information please contact

[email protected]@coralvita.co

www.coralvita.co@CoralVitaReefs

scaling coral restoration as a latin america and caribbean

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