NCTF Spotlight: SVGCF
Incorporated in November 2015 as a Not for Profit Company, the Saint Vincent and the Grenadines Conservation Fund (SVGCF) aims to promote the conservation, protection, management and expansion of the National Protected Areas (PAs) System of Saint Vincent and the Grenadines, by providing a sustainable flow of funds to support enforcement, infrastructure, monitoring needs and other activities that contribute substantially to the conservation, protection and maintenance of biodiversity within the PAs or any other area of environmental significance in the country.
Leadership representing the Government and a broad group of civil society actors, including members of the conservation community and private sector, founded the SVGCF using existing institutional strengths and an innovative and multi-sectoral perspective.
The SVGCF is governed by a Board of nine Directors comprised of Founder Member Directors, Affiliated Directors, and Non-Affiliated Directors. Founder members are: the Saint Vincent and the Grenadines National Trust; the Ministry of Finance and Economic Planning; and Sustainable Grenadines Inc. Affiliated Directors are from entities of the Government, represented by the National Parks, Rivers and Beaches Authority; Ministry of Agriculture, Forestry and Fisheries; and the Ministry of Health Wellness and the Environment. Non-Affiliated Directors are currently, the Hotels and Tourism Association; the Chamber of Industry and Commerce; and The Lions Club Kingstown SVG.
The SVGCF functions on a set of core values which include Transparency and Integrity; Cooperation and Inclusivity; Conservation and Sustainability; Accountability; and Education.
Since its inception the fund has made significant strides and now has a Chief Executive Officer on board, Mr. Vanburn Harry, to aid in its operationalization. The SVGCF is poised and ready to submit its application to be declared CBF Eligible, a process that will conclude with the signature of a Partnership Agreement with the CBF. Once the Agreement is signed, the SVGCF will be ready to provide its first grants and to build its track record in projects management. The SVGCF expects to receive the CBF endowment first payment in early 2019. An official launch is also being planned for the 1st quarter of 2019, this event will help to provide visibility for the SVGCF and attract potential donors.