CBF and Dominica to explore Sustainable Financing Options for Conservation
The Caribbean Biodiversity Fund (CBF) received and was pleased to approve a request from the Government of the Commonwealth of Dominica to become an Observer to the CBF. This approval triggers further discussion between the CBF and Dominica on the feasibility and bestfit for a Dominican National Conservation Trust Fund (NCTF).
The MARENA team, headed by engineer Judith Valdez as Executive Director, is committed to fulfilling its functions in compliance with law 64-00 under which it was created. MARENA continues to work hard to strengthen the institution as well as to comply with the guidelines of the Government and President of the Dominican Republic, Luis Abinader, implementing a comprehensive state policy for the conservation and protection of the environment.
MARENA was created to develop and finance programmes and projects for the protection, conservation, research, education, restoration and sustainable use of the environment and natural resources for the benefit of natural communities and people. It is a legal, independent endowment fund with its own administration and jurisdiction throughout the Domincan Republic. It is regulated by Decree 783-09 of the Executive Branch of 21 October 2009.