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The Resilient Bold Belize project, a public-private partnership led by the Blue Bond and Finance Permanence Unit, focuses on improving the management of 34 coastal and marine protected areas to enhance fisheries and nature-based tourism. The ESMF identifies critical risks, including the potential for economic displacement of fisherfolk due to access restrictions and the need to protect the rights of Indigenous Peoples, specifically the Garinagu and Maya. To mitigate these, the project implements a Process Framework for livelihood restoration, an Indigenous Peoples Planning Framework requiring Free, Prior, and Informed Consent (FPIC), and a multi-level Grievance Redress Mechanism.

The report assesses the economic value of the Belize Barrier Reef Reserve System (BBRRS), a UNESCO World Heritage Site, focusing on tourism benefits. It finds that four of the seven MPAs within the BBRRS generate up to US$18.8 million annually from tourism recreation. The document argues that these economic benefits far exceed management costs, providing a strong case for protecting the reef against threats such as offshore oil exploration, unsustainable coastal development, and climate change. It calls on the Belizean government to enact a moratorium on oil exploration and implement stricter land-use regulations to remove the BBRRS from the UNESCO List of World Heritage in Danger.