Saint Vincent and the Grenadines: The Saint Vincent and the Grenadines Conservation Fund (SVGCF)

CFB Status: Participating Country; Fund nominated; Pre-financing Agreement signed in October 2017

 

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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 Fund will be supported in part by annual payments from the Caribbean Biodiversity Fund (CBF) which will generate annual funding from investment returns that will be channeled through the Fund.

These payments, as of Year 3 of the Fund, are contingent on the matching funds from the SVGCF. The design of the Fund is sufficiently flexible to permit windows for future funding streams.

The Fund will administer a grant-making program with the funds available to it from various sources to support priority conservation in Saint Vincent and the Grenadines, specifically those projects that support the long-term management and expansion of Saint Vincent and the Grenadines areas of land and/or sea, which are specifically dedicated to the sustainable use of resources, protection and maintenance of biological diversity and natural resources and other activities that contribute substantially to the conservation, protection and maintenance of biodiversity as identified after consultations with stakeholders.

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Contact

6 Colonial Hill Plaza
Thompson Blvd.
P.O. Box CB 11398
Nassau Bahamas
Secretariat@caribbeanbiodiversityfund.org