CBF and CCI
A total of US$42 million of initial commitments have been made to capitalize a permanent endowment that forms the core of the CBF’s funding structure. Donors to date include the Government of Germany through the German Development Bank (KfW), the Global Environment Facility (GEF) — through the World Bank and the United Nations Development Programme (UNDP) — and The Nature Conservancy. The CBF endowment will benefit the partner national funds in accordance with donors’ requirements. Partner national funds in turn lead the grant-making programs at the national level. One of the CBF’s key principles is that national partner funds must create new, sustainable revenue to trigger a 1:1 match from the CBF. The revenue sources could be private and/or public.
In addition to its endowment, the CBF was created with a flexible structure to manage sinking funds, revolving funds and project grant funding. In partnership with the German government through KfW, the CBF has established a 25 million euro fund for ecosystem-based adaptation to climate change. The CBF continues to raise non-permanent and permanent funding to bring on additional countries and for regional conservation and sustainable development actions.