The Program consists of the development and creation of financial structure for Marine Protected Areas, notably a blended-finance approach, in order to protect more than 30,000 ha of coral reefs in the Coral Triangle, in the Philippines. It is a partnership between local actors and governments, as well as international stakeholders, in which a broad approach will be put in place for the protection of the coral reefs, mangroves, and seagrasses in the Philippines. The program localization involves two major areas: Verde Island Passage MPA network, Calamian Island MPA network, and Tañon Strait MPA network. It is located in a biodiversity hot-spot and will positively impact mangroves, coral reefs and seagrasses on a remarkable region in Western Pacific Ocean, namely the Coral Triangle.