Meet the EbA Facility Grantees – Fundación Grupo Puntacana, Dominican Republic
The Fundación Grupo Puntacana (FGPC, https://www.puntacana.org) is one of 11 grantees, who are benefitting from funding by the German Development Bank (KfW) through the Caribbean Biodiversity Fund’s (CBF) Ecosystem-based Adaptation (EbA) Facility under its first Call for Proposals.
FGPC is receiving a USD 799,919 grant and contributing USD458,305 of its own resources to make CoralRestore DR a reality in Puntacana, Dominican Republic.
“CoralRestore DR” stands for “Dramatically scaling up Multi-species Coral Restoration in Targeted Sites in the Dominican Republic as a Climate Change Adaptation Strategy”. The project aims to build coastal resilience through scaling up a proven model of coral restoration in an expanded area off the coast of Puntacana. Explants will be produced in land-based coral nurseries, creating employment for community residents in both, land- and sea-based activities. The creation of livelihood opportunities targets fisherfolks in particular. The project will further fine tune the coral restoration techniques for wider replication across the Dominican Republic. While capacity-building will primarily focus on nearby communities, outreach will be nation-wide through a network of partners, which include: Grupo Puntacana (private sector), The Nature Conservancy (TNC), the Asociación de Artesanos y Servicios Marinos (ARSEMAR), the Asociación de Proveedores de Servicios Acuáticos, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Caribbean Hotel and Tourism Association (CHTA), and the Eastern Hotel Association (ASOLESTE).