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Our History

Where Caribbean biodiversity, people, and sustainable finance come together.

The Caribbean Biodiversity Fund (CBF) was established as the realization of a bold vision to create reliable, long-term funding for conservation and sustainable development in the Caribbean region. Currently, the CBF is a regional umbrella environmental fund that uses a flexible structure to facilitate innovative solutions and consolidate regional conservation impacts.

Staghorn coral, Dominican Republic

2008

Caribbean Challenge Initiative (CCI) launched

2012

Caribbean Biodiversity Fund established

US$42M

Initial capital from TNC, GEF through the World Bank and UNDP, and Germany through KfW

TIMELINE

History through the years

FOUNDATIONS · 2008 TO 2013

2008

CCI launched by The Bahamas, Dominican Republic, Grenada, Jamaica, and St. Vincent and the Grenadines at the 9th Convention on Biological Diversity (CBD) in Germany.

2009

NCTF for the Dominican Republic (Fondo MARENA) becomes operational.

2012

CBF established with US$42 million from TNC, GEF through the World Bank and UNDP, and the Government of Germany through KfW for eight (8) country sub-accounts.

2013

8 governments sign a Leaders Declaration in support of the CCI at 1st CCI Summit.

15 private sector companies sign a Corporate Compact at 1st CCI Summit.

BUILDING THE NETWORK · 2015 TO 2019

2015

NCTFs for The Bahamas (BPAF), Antigua and Barbuda (MEPA Trust) and Jamaica (NCTFJ) established.

2016

NCTFs for Grenada (GSDTF), St. Kitts & Nevis (SCNCF), St. Lucia (SLUNCF) and St. Vincent and the Grenadines (SVGCF) established.

Haiti becomes CBF Observer.

SLUNCF and MEPA Trust sign Pre-Financing Agreements with the CBF.

Fondo MARENA signs Partnership Agreement with the CBF.

CCI signs Partnership MOU with the CBF.

CBF’s Ecosystem-Based Adaptation (EbA) Facility established with US$26.5 million from the Government of Germany through KfW.

2017

NCTFJ and SVGCF sign Pre-Financing Agreements with the CBF.

SLUNCF and MEPA Trust sign Partnership Agreements with the CBF.

2018

CCI and CBF highlighted as “Genuine and Durable Partnerships” at the Small Islands Developing States “Samoa Pathway” meeting.

GSDTF signs Pre-Financing Agreement with the CBF.

First EbA Facility call for proposals (1CfP) launched.

2019

CBF’s EbA Facility receives 20m Euros top-up from the Government of Germany through KfW.

CBF’s Endowment Fund receives 25m Euros from the Government of Germany through KfW to support 4 new country sub-accounts for Cuba, Dominica, Guyana, and Haiti.

Guyana joins CBF as Observer.

EbA Facility awards first 11 grants from 1CfP.

SVGCF, NCTFJ and GSDTF sign Partnership Agreements with the CBF.

NCTF for Haiti (FHB) established.

SCALING UP · 2020 TO TODAY

2020

Blue Finance and Caribbean Biological Corridor (CBC) sign Partnership MOUs with the CBF.

Second EbA Facility call for proposals (2CfP) launched.

SVGCF, GSDTF, SCNCF, BPAF and FHB sign Partnership Agreements with the CBF.

BPAF signs Hurricane Dorian Recovery Grant with CBF.

2021

OECS and Wayaj Inc. sign Partnership MOUs with the CBF.

SVGCF signs Volcano Recovery Grant with CBF.

EbA Facility awards first 8 grants from 2CfP.

Third EbA Facility call for proposals (3CfP) launched.

Inaugural Caribbean Conservation Finance Congress held.

2022

CBF project funded by MesoAmerican Reef (MAR) Fund and ORRAA: “Reef Resilience and Risk Financing in the Greater Caribbean”.

Institutional project funded by AFD (French Development Agency) and FFEM (French Facility for Global Environment), the “Caribbean Regional Architecture for Biodiversity (CRAB)” project Agreement signed between CBF and AFD / FFEM.

Fondo MARENA sign 2nd Partnership Agreement with the CBF.

2023

Agreement signed with Global Affairs Canada (GAC) for the implementation of the Caribbean Organizations for a Resilient Environment (CORE) Project, in March.

Agreement signed with Conservation International (CI), on behalf of the Blue Nature Alliance (BNA), for the implementation of the Effective Marine Protected Area Activities for the Caribbean (EMPAC) Project, in June.

Agreement signed with the United Nations Environment Programme (UNEP) for the implementation of the Blue Economy Finance Project, funded by the Global Environment Facility, in December.

Partnership Agreement signed with the Dominica National Conservation Trust Fund (DNCTF), in December.

2024

Agreements signed with the Grenada Sustainable Development Trust Fund (GSDTF), the National Conservation Trust Fund for Jamaica (NCTFJ) and the St. Vincent and the Grenadines Conservation Foundation (SVGCF) to support conservation efforts after Hurricane Beryl.

2025

Agreement signed with the United Nations Development Programme (UNDP) Cuba to channel funds to finance environmental community projects in Cuba.

Our History

Home / Our History

Where Caribbean biodiversity, people, and sustainable finance come together.

The Caribbean Biodiversity Fund (CBF) was established as the realization of a bold vision to create reliable, long-term funding for conservation and sustainable development in the Caribbean region. Currently, the CBF is a regional umbrella environmental fund that uses a flexible structure to facilitate innovative solutions and consolidate regional conservation impacts.

History through the years of 2008 2009 2012 2013 2015 2016 2017 2018 2019 2020 2021 2022

2008

CCI launched by The Bahamas, Dominican Republic, Grenada, Jamaica, and St. Vincent and the Grenadines at the 9th Convention on Biological Diversity (CBD) in Germany.

2009

NCTF for the Dominican Republic (Fondo MARENA) becomes operational.

2012

CBF established with US$42 million from TNC, GEF through the World Bank and UNDP, and the Government of Germany through KfW for eight (8) country sub-accounts.

2013

8 governments sign a Leaders Declaration in support of the CCI at 1st CCI Summit. 15 private sector companies sign a Corporate Compact at 1st CCI Summit.

2015

NCTFs for The Bahamas (BPAF), Antigua and Barbuda (MEPA Trust) and Jamaica (NCTFJ) established.

2016

NCTFs for Grenada (GSDTF), St. Kitts & Nevis (SCNCF), St. Lucia (SLUNCF) and St. Vincent and the Grenadines (SVGCF) established. Haiti becomes CBF Observer. SLUNCF and MEPA Trust sign Pre-Financing Agreements with the CBF. Fondo MARENA signs Partnership Agreement with the CBF. CCI signs Partnership MOU with the CBF. CBF’s Ecosystem-Based Adaptation (EbA) Facility established with US$26.5 million from the Government of Germany through KfW.

2017

NCTFJ and SVGCF sign Pre-Financing Agreements with the CBF. SLUNCF and MEPA Trust sign Partnership Agreements with the CBF.

2018

CCI and CBF highlighted as “Genuine and Durable Partnerships” at the Small Islands Developing States “Samoa Pathway” meeting. GSDTF signs Pre-Financing Agreement with the CBF. First EbA Facility call for proposals (1CfP) launched.

2019

CBF’s EbA Facility receives 20m Euros top-up from the Government of Germany through KfW. CBF’s Endowment Fund receives 25m Euros from the Government of Germany through KfW to support 4 new country sub-accounts for Cuba, Dominica, Guyana, and Haiti. Guyana joins CBF as Observer. EbA Facility awards first 11 grants from 1CfP. SVGCF, NCTFJ and GSDTF sign Partnership Agreements with the CBF. NCTF for Haiti (FHB) established.

2020

Blue Finance and Caribbean Biological Corridor (CBC) sign Partnership MOUs with the CBF. Second EbA Facility call for proposals (2CfP) launched. SVGCF, GSDTF, SCNCF, BPAF and FHB sign Partnership Agreements with the CBF. BPAF signs Hurricane Dorian Recovery Grant with CBF.

2021

OECS and Wayaj Inc. sign Partnership MOUs with the CBF. SVGCF signs Volcano Recovery Grant with CBF. EbA Facility awards first 8 grants from 2CfP. Third EbA Facility call for proposals (3CfP) launched. Inaugural Caribbean Conservation Finance Congress held.

2022

CBF project funded by MesoAmerican Reef (MAR) Fund and ORRAA: “Reef Resilience and Risk Financing in the Greater Caribbean”. Institutional project funded by AFD (French Development Agency) and FFEM (French Facility for Global Environment), the “Caribbean Regional Architecture for Biodiversity (CRAB)” project Agreement signed between CBF and AFD / FFEM. Fondo MARENA sign 2nd Partnership Agreement with the CBF.

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