Monday, October 22, 2018

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Caribbean Conservation Trust Funds

Caribbean Biodiversity Fund (CBF)

Established in September 2012, The Caribbean Biodiversity Fund (CBF) is a regional fund whose objective is to provide a sustainable flow of resources to support activities that contribute substantially to the conservation, protection and maintenance of biodiversity within the national protected areas systems or any other areas of environmental significance of its participating countries.

The CBF channels support to multiple National Conservation Trust Funds (NCTFs) established in the participating countries.

FondoMarena
Dominican Republic

The National Fund for the Environment and Natural Resources (Fondo MARENA) is an organization created to develop and finance projects related to the environment and natural resources for the benefit of natural communities and people.

Grenada Sustainable Development Trust Fund (GSDTF)
Grenada

The Fund’s Purpose is to provide a sustainable source of financing into perpetuity through the development and management of endowments and other funds for supporting sustainable development initiatives and activities

National Conservation Trust Fund Of Jamaica (NCTFI)
Jamaica

The objective of the NCTFJ is to promote for the benefit of the public the conservation, protection, management and expansion of Jamaica’s national Protected Areas System1 by providing a sustainable flow of funds to support, without limitation, enforcement, infrastructure, monitoring needs and other activities that contribute substantially to the conservation, protection and maintenance of biodiversity within the National Protected Areas System or any other area of environmental significance of Jamaica.

St. Vincent and the Grenadines Conservation Fund (SVGCF)
St. Vincent and the Grenadines

The SVGCF is intended to provide a sustainable flow of funds to support the long-term management and expansion of Saint Vincent and the Grenadines National System of Protected Areas and other activities that contribute substantially to the conservation, protection and maintenance of biodiversity in Saint Vincent and the Grenadines.

The Bahamas Protected Area Fund (BPAF)
The Bahamas

In order to address the issue of financial sustainability for the protected areas in the Bahamas, The Bahamas Protected Area Fund (BPAF) Act was drafted and includes efforts towards the partnership agreement to accommodate the Caribbean Biodiversity Fund (CBF) and other donors both local and international from whom donations might be received.

The Marine Ecosystem Protected Area (MEPA) Trust, Inc
Antigua and Barbuda

Established on May 22, 2015, the MEPA Trust is dedicated to the protection, recovery, and effective management of Antigua and Barbuda’s protected areas (PAs) to build resilience to the impacts of climate change.