USAID, CBF, and EFJ collaborate to safeguard ecosystems and increase climate resilience by improving grantmaking mechanisms and technical capacities of Conservation Trust Funds
16 February 2024 – The Caribbean Biodiversity Fund (CBF) with support from the U.S. Agency for International Development (USAID), and in partnership with the Environmental Foundation of Jamaica (EFJ), is embarking on a project to increase environmental project grants in the Caribbean. Funded by the USAID, the 5-year project will benefit 11 Caribbean countries: Antigua & Barbuda, The Bahamas, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.
Despite their low contribution to global greenhouse gas emissions, climate change poses a serious threat to all Caribbean nations. Caribbean small island developing states are particularly susceptible to the impacts of climate change due to their reliance on sectors vulnerable to climate patterns such as tourism, agriculture and fishing. Caribbean nations are also affected by rising sea levels, changes in rain patterns and temperatures, and increasing intensity of natural disasters identified by the Intergovernmental Panel on Climate Change. Addressing the severe challenges affecting the Caribbean’s biodiversity natural resources requires a coordinated effort.
Signed in August 2023, the USAID Sustainable Financing for Caribbean Regional Conservation Project valued at US 3,999,050 million dollars, is dedicated to increasing the region’s climate and disaster resilience. The project, implemented by the CBF and EFJ, will strengthen grant processes for CBF partner national conservation trust funds (NCTFs) and increase technical capabilities for them in implementing critical conservation efforts across the region. CBF’s funding is awarded through NCTFs to implement activities that help communities conserve biodiversity, build resilience to climate change and pursue sustainable development in the Caribbean.
“ Le projet de financement durable de l’USAID pour la conservation régionale dans les Caraïbes est une opportunité pour les partenaires de la CBF d’octroyer des subventions conformes aux objectifs de développement durable 13, 14 et 15 des Nations Unies. Contribuer à ces objectifs – action climatique (ODD 13), vie aquatique (ODD 14) et vie terrestre (ODD 15) – aura un impact significatif dans la région ”, a déclaré Karen McDonald Gayle, PDG de la CBF.
Elle a ajouté : “ La CBF se réjouit particulièrement que l’ODD 17, qui vise à établir des partenariats pour atteindre les objectifs de développement durable, soit un élément central de ce projet. À cette fin, la CBF collabore avec la Fondation environnementale de la Jamaïque pour la mise en œuvre du projet afin de bénéficier de sa riche expérience en matière d’octroi de subventions pour la conservation. ”
Ce projet de financement durable de l'USAID pour la conservation régionale des Caraïbes devrait apporter des changements positifs en matière de conservation et de protection des ressources naturelles de la région, permettant ainsi aux populations et à la nature des Caraïbes de continuer à prospérer pendant de nombreuses années à venir.
ABOUT THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID) – USAID is the world’s premier international development agency and a catalytic actor driving development results. USAID’s work advances U.S. national security and economic prosperity, demonstrates American generosity, and promotes a path to recipient self-reliance and resilience. Learn more about how the USAID.
ABOUT THE CARIBBEAN BIODIVERSITY FUND (CBF) – The CBF was established in 2012 to create reliable, long-term funding for conservation and sustainable development in the Caribbean region. The Caribbean Biodiversity Fund (CBF) is a regional umbrella environmental fund that uses a flexible structure to implement innovative solutions and consolidate resource mobilization in the Caribbean through a range of financial instruments. Currently, the CBF has three programs: the Conservation Finance Program, based on an endowment fund; the Climate Change Program, focused on Ecosystem-based Adaptation (EbA) strategies; and the Nature-based Economies Program with an Advancing Circular Economy focus. Learn more about how the CBF.
ABOUT THE ENVIRONMENTAL FOUNDATION OF JAMAICA (EFJ) – EFJ was established to facilitate the promotion and implementation of activities which will conserve and manage the natural resources and environment of Jamaica and improve and positively impact child development. EFJ has been working to this end through the provision of funding to Non-Governmental and Community based Organisations and academic Institutions and in partnership with key stakeholders throughout the length and breadth of the island. The funding provided by EFJ has impacted the natural and built environmental landscape, children, communities, livelihoods, and plant and animal species to name a few. Since its inception, EFJ has approved over 1,334 projects in the amount of J$3,031.22 million. Learn more about how the EFJ.
Contact
For more information, please contact the Caribbean Biodiversity Fund.
Renée Smith
[email protected]