The CBF is a regional environmental fund whose mission is “to ensure continuous funding for conservation and sustainable development in the Caribbean.” The CBF, through its Conservation Finance Programme, working along with the National Conservation Trust Funds (NCTFs), form the “Caribbean Sustainable Financial Architecture (“the Architecture”). To date, CBF has established 11 Partnership Agreements with NCTFs, of which 10 have already received CBF funds and are at different stages of supporting activities in line with the Sustainable Development Goals 14 and 15 (in water and on land) with CBF resources. The objective of this consultancy is to prepare road maps for the mobilization of additional sources of sustainable conservation financing for partner NCTF countries. The partner NCTF countries are that are part of this consultancy are (1) Grenada, (2) St. Vincent & the Grenadines, (3) Dominica, (4) St. Lucia, (5) Jamaica, (6) Haiti (7) Dominican Republic (8) Antigua & Barbuda (9) St Kitts & Nevis and (10) Guyana.
The expected deliverables are:
(i) Country-based reports on the main findings and recommendations from the participatory diagnosis on sources of conservation financing (public and private).
(ii) Feasibility Study that establishes the scope for Resource Mobilization and Fund Raising and a suite of viable options to undertake same, within the situation and capacity of the selected NCTFs.
(iii) Operational Road Map, and Fund-Raising Strategy for NCTFs which will be for selected NTCFs (estimated at 4 NCTFs).