Unveiling Saudi Arabia’s Red Sea Coral Reef Value to Catalyze National and Global Action

10/10/2025
18:00 - 19:00
International Coral Reef Initiative (ICR

Why attend

The session will link coral reef valuation to Saudi Arabia’s policies and ICRI leadership, apply global conservation to reef resilience, highlight Red Sea–WIO regional opportunities, address Motion 037 on urgent reef action, and show how valuations shape private sector engagement.

Session Description

the session will provide an overview of two World Bank valuation reports and:
• Show how valuation evidence supports Saudi Arabia’s priorities under SHAMS’ mandate and broader national strategies.
• Highlight the regional interconnectivity of the Red Sea, Gulf of Aden, Aqaba, and Western Indian Ocean (WIO), with pathways for extending valuation approaches across the region, directly responding to IUCN Motion 037. IUCN will also connect the findings to the work of three WCPA Specialist Groups: Tourism and Protected Areas, Marine, and Finance & Economics.
• Situate the Red Sea work within the global ocean economy, showing how valuation informs finance flows and policy dialogue.
Organised by
ICRI & General Organization for Conservation of CoralReefs & Turtles in the Red Sea (SHAMS)