OUR PROGRAMS

Nature-Based Economies

Driving sustainable growth through healthy ecosystems, and turning marine litter into opportunity across the Caribbean.

Photo: Tanja Lieuw

FUNDED BY

Ministry for Economic Cooperation and Development, Germany logo

PROGRAM OVERVIEW

Conservation as a source of capital

Nature-Based Economies ensure that ecosystem conservation becomes a source of capital for development and sustainable livelihoods, while preserving the health of marine and coastal ecosystems. The program reimagines conservation as a driver of economic opportunity, so that protecting nature supports progress rather than holding it back.

The Challenge

Like other Small Island Developing States, the Caribbean faces complex waste management and environmental challenges. Limited land space, high waste management costs, dependence on imports and inadequate infrastructure put urgent pressure on the region's biodiversity and coastal communities.

Marine pollution, biodiversity loss and unsustainable resource use undermine the very ecosystems Caribbean people depend on for livelihoods, food security and resilience.

Our Approach

We promote a circular economy model that decouples economic growth from resource depletion, guided by three core principles.

01

Eliminate waste and pollution

02

Circulate products and materials at their highest value

03

Regenerate nature

Through the program, CBF supports initiatives that:

Reduce marine pollution by promoting circular economy practices among public and private actors

Protect and sustainably manage marine and coastal ecosystems, safeguarding biodiversity and essential ecosystem services

Generate economic opportunities that improve livelihoods

What This Means for the Caribbean

Healthy Ecosystems, Prosperous Communities

Sustainable ecosystem management unlocks economic opportunities, from sustainable fisheries and ecotourism to waste reduction enterprises, that improve livelihoods and strengthen local economies.

Biodiversity and Resilience

Healthy ecosystems provide clean water, flood protection, climate regulation and habitat for marine and terrestrial life. Protecting these systems protects communities.

Adapting to Change

Nature-based approaches equip communities to adapt to climate change, environmental shocks and resource constraints, building long term resilience from the ground up.

Photo: Tanja Lieuw

FLAGSHIP INITIATIVE

The Advancing Circular Economy (ACE) Facility

The ACE Facility reduces marine litter across the Caribbean by promoting circular economy principles among governments, businesses and communities.

Launched in 2022, it is funded by KfW Development Bank on behalf of Germany's Federal Ministry for Economic Cooperation and Development (BMZ), and managed by CBF. Through strategic grants and technical support, it backs solutions that transform waste management, reduce plastic pollution and create business models rooted in resource efficiency.

Three Key Outcomes

01

Financing Mechanism

Establishing a financing mechanism for circular economy interventions in the Caribbean.

02

Marine Litter Reduction

Implementing circular economy measures that achieve a measurable reduction of marine litter.

03

Capacity and Awareness

Strengthening the capacity and awareness of public and private actors on circular economy principles and methods.

How It Works

The facility awards grants through competitive calls for proposals and is expected to finance up to 20 projects through the end of 2028. Funded projects apply circular principles to prevent waste from entering the marine environment or to remove existing marine litter.

Eligible grantees: NGOs · Academic institutions · Public institutions · Community-based organisations · Private sector entities

Photo: Tanja Lieuw

What We Support

The ACE Facility prioritises projects that demonstrate:

Regional collaboration

Long term sustainability

Circular approaches to solid waste management

Direct impact on reducing marine pollution

Beneficiary Countries

The facility focuses on nine primary beneficiary countries. Select a country to see our work there.

Other insular Caribbean countries and territories eligible for official development assistance (OECD DAC list) may benefit through regional projects.

CALLS FOR PROPOSALS

How to Apply

The ACE Facility awards grants through periodic calls for proposals, inviting organisations across the region to submit projects that tackle marine pollution, promote waste reduction and create circular economy solutions.

01

Review Eligibility

Check that your organisation and project meet the facility's criteria.

02

Submit a Concept Note

Share a brief outline of your project idea for initial review.

03

Full Proposal

Selected applicants are invited to submit a detailed full proposal.

04

Award and Implementation

Successful projects receive funding and technical support to deliver their solutions.

Questions about applying?

Contact our team for guidance on eligibility, requirements and project development. Calls are announced on our Calls for Proposals page.

FIRST CALL FOR PROPOSALS

ACE Facility Grantees

Selected through the first Call for Proposals, these grantees are delivering scalable circular economy solutions to marine litter and plastic pollution. Download each project's fact sheet.

Caribbean Hotel and Tourism Association

CHTA

Fact Sheet (PDF)

ISA University

UNISA

Fact Sheet (PDF)

Puntacana Group Foundation

FGPC

Fact Sheet (PDF)

Fundación REDDOM

Rural Economic Development Dominicana

Fact Sheet (PDF)

Searious Business BV

Fact Sheet (PDF)

The Great Plastic Bake Off

GPBO

Fact Sheet (PDF)

Wildlife Conservation Society

Transforming Marine Litter in Eastern Cuba

Fact Sheet (PDF)
View All ACE Grantees

Program Resources

Key documents for applicants, grantees and partners.

FACT SHEET · PDF

Nature-Based Economies Program

An overview of the program, its goals and the ACE Facility.

Download

POLICY · PDF

Environmental and Social Policy and Exclusion List

The safeguards every CBF-funded project must follow.

Download

Ready to partner with us?

We welcome collaboration with governments, businesses, NGOs and communities committed to turning conservation into opportunity.