The 19th RedLAC Assembly - Caribbean style!

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The 19th Assembly of the Latin American and Caribbean Network of Environmental Funds – RedLAC – took place in Punta Cana, Dominican Republic, from October 30th to November 2nd. The CBF was one of the hosts of the meeting, together with Fondo MARENA and Fundación Sur Futuro, both from the host country. The main theme of the meeting was “The Blue Economy”, aimed at showcasing projects and encouraging discussion on things coastal and marine.

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NCTF Spotlight – Fondo MARENA (Dominican Republic)

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In the year 2000, the government of the Dominican Republic approved the General Law of the Environment and the Natural Resources (Law 64-00). Within this law, the National Fund for the Environment and Natural Resources (Fondo Nacional para el Medio Ambiente y REcursos NAturales - Fondo MARENA) - was created and is considered as one of the instruments for the country’s environmental management.

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CBF transfers first payment to a national partner

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On September 29th, 2017, the Caribbean Biodiversity Fund (CBF) Board approved the first payment to a partner National Conservation Trust Fund (NCTF). Fondo MARENA, in the Dominican Republic, has now received the first tranche (50%) of the USD 320, 450 total payment as a result of its Partnership Agreement with the CBF.

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The CBF’s Ecosystem-based Adaptation (EbA) Facility

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It has been a year since the Caribbean Biodiversity Fund signed a Financing Agreement with the German Government through the German Development Bank (KfW) for €25 Million to activate the Ecosystem-based Adaptation Facility. Since then, the CBF has been working on developing the processes for the roll out of the Facility.

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Conservation leaders meet to roll out funding and commitments towards sustainability in the Caribbean

The members of the Caribbean Challenge Initiative (CCI) gathered for the 2nd CCI-CBF Week, which included the CCI 1st Participants’ Assembly and the 5th Caribbean Biodiversity Fund (CBF) Annual Meeting. The meeting was a key stepping stone towards the 2nd CCI Summit planned for late 2018, reviewing progress towards objectives and goals and identifying the next steps for conservation for the region.

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