Conservation Finance

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The Conservation Finance Program provides critical funding for protecting and managing biodiversity and natural resources. Explore how our Endowment Fund fuels sustainable conservation efforts.

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Program Overview

The Caribbean territories are endowed with a rich and globally unique biodiversity. They are home to more than 12,000 species; 300 bird and mammal species can only be found here but these natural wonders are under threat by climate change, expansion of human settlements, natural disasters, over exploitation of natural resources, and other threats. The aim of the Conservation Finance Program is to create a stronger Caribbean Sustainable Finance Architecture with increased funding for priority conservation actions in the region. Through the Conservation Finance Program, the CBF provides financial resources and capacity building to strengthen its network of partner National Conservation Trust Funds (NCTFs) that together with the CBF form the Caribbean Sustainable Finance Architecture (CSFA).
01

Institutional Strengthening

CBF and the NCTFs are increasingly strengthened as mature organizations, with institutional financial sustainability, strong reputation and complete organizational structure.

02

Increased Funding Delivery

Continuously increasing funding delivered to relevant projects and programs with enhanced management and conservation capacity at the national level.

03

Ecosystem Integrity

Conserve, restore and maintain important ecosystems to achieve enhanced ecological integrity while contributing to sustainable livelihoods.

The CBF Endowment Fund

Under the Conservation Finance Program, the Caribbean Biodiversity Fund (CBF) manages an Endowment Fund that invests funding for long-term conservation and to provide support and financial resources to eligible National Conservation Trust Funds (NCTFs).

Initial donor contributions included USD 8 million from The Nature Conservancy, USD 7.6 million from GEF/World Bank and USD 750,000 from the GEF/UNDP. Most recently, the Endowment Fund received investments of USD 11.3 million from the French Development Agency (AFD in 2022 and USD 3 million from World Bank in 2023. Both of these latest additional investments benefitting Haiti.

CBF Endowment growth in USD (KPI CF2)

Created in 2012, the CBF Endowment Fund now has a market value of around USD 98 million (as of December 2023) and currently benefits 12 countries. Beneficiary countries gain access to the CBF Endowment Fund through a partnership agreement signed with a national conservation trust fund, under which the NCTF is eligible to request a portion of the interest generated by the CBF Endowment Fund. Subsequently, the NCTF is responsible for administering grant-making programs at both the sub-regional and national levels with this CBF funding.

NCTFs are required to cultivate new, sustainable revenue streams that match CBF resources on a 1:1 basis under their partnership agreement. This incentivizes NCTFs to establish financial mechanisms capable of channeling private and public resources towards nature conservation and sustainable development.

Beneficiary Countries

The CBF Endowment Fund supports conservation efforts across 12 Caribbean countries. These countries gain access to funding through partnerships with established National Conservation Trust Funds (NCTFs).

Antigua & Barbuda

Bahamas

Dominica

Dominican Republic

Grenada

Jamaica

Saint Lucia

St. Kitts and Nevis

St. Vincent and the Grenadines

National Conservation Trust Funds

  1. Financial Management Expertise: CTFs are typically adept at managing financial resources effectively, ensuring that funds allocated for conservation purposes are utilized efficiently and transparently.
  2. Long-term Sustainability: CTFs often focus on generating long-term sustainable revenue streams for conservation projects. This could involve endowment funds, investments, or innovative financing mechanisms, ensuring ongoing support for conservation efforts.
  3. Local Empowerment and Ownership: CTFs are usually established and managed locally or regionally, fostering a sense of ownership and empowerment among local communities and stakeholders in conservation initiatives.
  4. Flexibility and Adaptability: CTFs can adapt to changing conservation priorities and needs over time, providing flexibility in allocating funds to address emerging threats or opportunities.
  5. Partnership Facilitation: CTFs often act as intermediaries, facilitating partnerships between various stakeholders such as governments, NGOs, private sector entities, and local communities, fostering collaboration and collective action for conservation goals.
  6. Risk Mitigation: By diversifying funding sources and investment portfolios, CTFs can help mitigate financial risks associated with conservation projects, ensuring more stable and resilient funding streams.
  7. Capacity Building: CTFs may engage in capacity-building activities to strengthen the skills and knowledge of local conservation organizations and practitioners, enhancing their ability to implement effective conservation projects.
Network Impact

CBF Impact Across the Caribbean

Explore the numbers to see the tangible impact of our National Conservation Trust Fund network through funded projects that are making a real difference across the Caribbean.

Impact Area Value Description Status
Projects Funded
0 +
Supporting innovative solutions across the Caribbean Active
Million Disbursed
$ 0 M
Directly impacting communities and ecosystems Distributed
Beneficiary Countries
0
Building resilience together Regional
Conservation Activities

Areas Supported by NCTF Funding

The diverse activities funded by NCTFs address a wide range of conservation priorities across the Caribbean, supporting ecosystems, communities and long-term resilience.

Protected Area Management & Establishment

NCTFs support the effective management and creation of protected areas, safeguarding critical habitats for future generations.

Infrastructure Development

Funding goes towards building sustainable infrastructure within and around protected areas, supporting access and conservation efforts.

Environmental Education

NCTFs invest in educational programs that empower communities and foster a deeper appreciation for the environment.

Community Engagement

Active community participation is crucial. NCTFs support initiatives that engage local stakeholders in conservation efforts.

Environmental Policy & Climate Action

NCTFs support the development and implementation of effective environmental policies that address climate change and ecosystem resilience.

Ecotourism

Sustainable tourism practices are encouraged, generating economic benefits while protecting natural resources.

Land Restoration

Degraded lands are restored through conservation projects funded by NCTFs across the region.

Research

NCTFs support scientific research that provides crucial data for informed conservation decision-making.

Our National Conservation Trust Funds

To date, the CBF has 10 partner national conservation trust funds. These NCTFs are responsible for the selection and monitoring of projects on the ground to support local NGOs, community organizations, government, and academia that are aligned with the CBF´s objectives. Supporting biodiversity conservation goes hand-in-hand with livelihood improvement for local communities, and also supporting and influencing national and regional policy frameworks.

Caribbean Sustainable Financing Architecture

The Caribbean Sustainable Finance Architecture (CSFA) is the network formed by the Caribbean Biodiversity Fund (CBF) and its partner National Conservation Trust Funds (NCTFs). The goal of the CSFA is to bolster endeavors that significantly contribute to financing the long-term conservation and preservation of biodiversity within the Caribbean region.
Marine Conservation Forum 2025

Strengthening Regional Conservation Financing Across the Caribbean

As the Architecture matures, it aims to address critical financial and institutional challenges while strengthening collaboration, biodiversity financing and marine conservation implementation across the region.

50+
Caribbean stakeholders gathered in Grenada to advance marine conservation financing and regional biodiversity collaboration.

Regional Financial Hub

Establishing a central hub of attraction and reference for financial and technical partners, providing favorable financial terms, diversification and investment security to build confidence among donors and strategic partners.

Strengthening Absorptive Capacity

Enhancing the capacity of Conservation Trust Funds across the Caribbean biodiversity sector to efficiently utilize financial resources and generate measurable conservation impact.

Blue Economy & MPA Financing

Consensus was reached on establishing a regional Marine Protected Areas Financing Facility and a Blue Economy Hub to strengthen sustainable marine management.

Forum Summary

Grenada Forum Summary Report

The Caribbean Biodiversity Fund hosted the Marine Conservation Forum in Grenada from May 7–9, 2025. The three-day event gathered representatives of nine National Conservation Trust Funds, government agencies, NGOs and development partners from across the Caribbean.

The Forum served as a strategic platform to strengthen regional collaboration, build institutional capacity and accelerate marine conservation financing and implementation in support of the Global Biodiversity Framework 30×30 targets.

Participants emphasized that long-term success requires inclusive governance, alignment with national priorities and stronger integration of equity and community participation within conservation strategies.

9 National Conservation Trust Funds Participated
30×30 Global Biodiversity Framework Targets
M&E Regional Monitoring and Evaluation Frameworks Recommended

Regional Collaboration Remains Critical

Recommendations from the Forum urged countries to institutionalize biodiversity integration into national policies and budgets while standardizing monitoring and evaluation frameworks for tracking regional conservation commitments.

Achieved Networking Initiatives for CSFA

Below are selected highlights of our annual networking forums and collaborative learning events that support the Caribbean Biodiversity Fund (CBF)-led Caribbean Sustainable Finance Architecture (CSFA) strategic agenda.

Additional resources from our 2024 and earlier events will be added here as they become available.

Program Resources

Explore Related Resources and Updates

For a comprehensive understanding of this program, explore the following resources, partnerships, relief initiatives and capacity-building activities.

Relief Funding

Hurricane Beryl Relief Funds for 4 Countries Approved

Through its CBF Endowment Fund and the Caribbean Regional Architecture for Biodiversity Project funded by the Government of France, CBF is providing USD 950,000 in hurricane recovery grants to partner National Conservation Trust Funds in Grenada, Jamaica, St. Lucia, and St. Vincent and the Grenadines.

Read More: Rising from the Storm
Partnership

Partnership between CBF and GEF SGP

In an innovative collaboration, CBF has partnered with the Global Environmental Facility Small Grants Programme to amplify its impact and reach across 12 shared countries.

Read More: Preserving Paradise
Country Collaboration

CBF Partners with UNDP Cuba

CBF partners with UNDP Cuba to channel funding through the GEF SGP Cuba, supporting conservation financing and local implementation pathways.

View Resource
NGO Capacity

Bahamas Protected Areas Fund and GEF SGP Bahamas

Strengthening NGO capacities through targeted partnership support, sustainable finance mechanisms and practical conservation implementation.

View Resource
Capacity Building

Capacity Building for Partner Conservation Trust Funds

One of CBF’s priorities is to support the growth of partner Conservation Trust Funds through capacity-building initiatives.

Read More: Talking Nature Makes Cents
Workshop

Conservation Trust Fund Capacity Building – St. Lucia, October 2024

This workshop brought together 11 Conservation Trust Funds to strengthen grantmaking processes and position them as leaders in sustainable conservation opportunities. Hosted before the RedLAC Congress 2024, it maximized networking and knowledge mobilization.

The Bahamas Dominica Dominican Republic Grenada Guyana Haiti Jamaica St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Suriname
Workshop

Conservation Trust Fund Capacity Building – Dominica, April 2024

This initiative equipped NCTFs with tools and insights to enhance outreach and effectiveness in national conservation efforts. Through interactive workshops, CBF broadened its regional network, helping Conservation Trust Funds evolve into well-established organizations with strong financial health and complete organizational structures.

Speakers included Ryan Anselm, Permanent Secretary of the Ministry of Agriculture, Fisheries, Blue and Green Economy in Dominica, and Karolin Troubetzkoy, Chair of the CBF Board.