The U.S. will provide USD40 million for a coastal management scheme dubbed as the Coral Triangle Initiative (CTI). The Coral Triangle ecosystem includes the waters of Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Islands and East Timor. The U.S. Agency for International Development will release USD32 million of the sum to non-governmental organizations such as the World Wildlife Fund, Nature Conservancy, and Conservation International. It will disburse another USD6.7 million over a five-year period “to ensure that the U.S. government’s efforts are closely coordinated with the other CTI partners and that all are utilizing the best regional and international expertise.” (“Six-nation Coral Triangle gets USD 40 million US funding” - Philippine News Agency, Oct. 23, 2008)
