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This Call for Proposals is part of the Caribbean BluEFIN project and contributes to the implementation of its third component i.e. A regionally based Blue Economy Hub developed to provide socioeconomic opportunities which support marine and coastal conservation and sustainable use. The project sought support from the GEF-7 International Waters (IW) Focal Area, and is aligned with IW objective 1 (Strengthening National Blue Economy Opportunities) – 1 (Sustaining healthy coastal and marine ecosystems).
Yes, this is a barrier. The Caribbean BluEFin project does not provide grants to individuals. Two most recent financial audits and a certificate of registration (articles of incorporation) of the applicant organization are required as part of the proposal submission.
Third parties may be contracted in accordance with the Grantee’s procurement process, CBFs procurement policies, and CBF’s no objection to execute specific activities which meet the objectives of the grant.
All consortium members must be clearly identified, and their commitment be confirmed. The relevant experience and contribution of all consortia members will be assessed. As such, it may be useful to list the partner’s relevant project expertise. Partner co-finance should be included in the budget. In-kind support may include labour, travel costs, and equipment that is provided for the project. There should be a clearly defined lead agency, the “Applicant Organisation”, as detailed in the proposal template. This organization, if successful, would be the responsible contract party with CBF.
In the case of consortia, all members must provide information about their organization (Part A of the proposal template) and sign the proposal to confirm its endorsement.
Partner organizations can be registered elsewhere, as long as they have a commitment to collaborate with the applicant organization in the implementation of the project. However, for the proposal to be eligible, the applicant organization should be registered in the Dominican Republic, Grenada, Saint Lucia, Saint Vincent and the Grenadines, or The Bahamas.
The objective of this Call for Proposals is to identify, support, and showcase innovative Blue Economy initiatives that generate measurable biodiversity, climate resilience, and socioeconomic benefits, while contributing content, lessons learned, and investment-ready opportunities to the Caribbean Blue Economy. Proposals should:
Proposals must align with one or more of the following thematic focus areas:
All proposals must demonstrate a clear link between economic activity, social positive change and conservation outcomes.
The responsibility is on the Grantee to staff the project, to ensure the effective and efficient execution of the project to ensure objectives are met following the work plan. As such the human resource management of the Project (i.e. full-time or part-time employment) resides with the lead Grantee.
Caribbean BluEFin will provide grant financing to selected projects, with a grant amount of USD 200,000- USD 250,000 per project.
Co-financing, whether in cash and/or in-kind contributions, is highly encouraged and will be considered an added value during the selection process. Applicants must explain how Caribbean BluEFin funding will catalyse, leverage, or complement additional financing.
Projects funded under this CfP must have a duration of 6 to 12 months.
Yes. There is a maximum percentage cap on Project Management Costs, which is limited to 5% of the total outcome budget. Contingency is also limited to 5% of the total outcome budget (see the Budget Template)
Furthermore, the project may not fund:
We encourage applicants to demonstrate their most cost-effective budget in alignment with an impactful project design.
Overhead (Personnel / Consultants, Project-specific operational costs) cost is capped at 5% (see the Budget Template). It is important to note that the final decision on the approved percentage always rests with the Evaluation Committee during the proposal review.
During proposal application, there is no requirement yet to confirm co-financing. However, after selection, the application organization will be required to provide letters to confirm co-financing. Templates for such letters will be provided by CBF at that stage.
In-kind contributions can include technical assistance; equipment, materials, and services; human resources; and infrastructure and facilities.
The grantees are responsible for maintaining adequate records to meet their obligations (to the government, for the project audit or otherwise), for employees and/or consultants they procure using project funding and co-financing.
There are no pre-determined percentages, as disbursements are made in accordance with the grantees’ requests and informed by the approved workplan and budget. After the first disbursement, payment of all subsequent disbursements is dependent on satisfactory work undertaken.
There is no specified required percentage for co-financing. However, co-financing, whether in cash and/or in-kind contributions, is highly encouraged and will be considered an added value during the selection process.
Funding is available for projects implemented in eligible Caribbean BluEFin countries: Dominican Republic, Grenada, Saint Lucia, Saint Vincent and the Grenadines, and The Bahamas. Multi-country projects are allowed, as long as the funding requested is for the benefit of activities implemented in the abovementioned eligible countries.
Applicant organizations must be legally registered in a Caribbean BluEFin project participating country and may include: