In partnership with L'Oréal

The L’Oréal Fund for Nature Regeneration has announced a 10-year investment to develop a world-first method of calculating the value of coral reef biodiversity and support the deployment of corals with improved temperature tolerance. The intention is that the new methodology will enable a nature repair market and unlock much-needed funding for vital reef conservation efforts.  

Significantly more investment is needed to recover the biodiversity we’re increasingly losing, and protect what remains. Nature repair markets are emerging as an effective way to finance the necessary acceleration and scaling of conservation activities to meet the global challenges ahead. If well designed and backed by rigorous science, they can give private and corporate investors the opportunity to deliver on their nature positive goals by generating independently verified environmental, socio-economic and cultural benefits. 

As well as unlocking significant new funding to help protect biodiversity, the Partnership will also support critical reef interventions including the targeted deployment of two million heat-tolerant corals on the Great Barrier Reef by 2030. Supporting tourism, ecological and cultural values, this is expected to lead to direct and indirect economic benefits in excess of $100m.