Caribbean Biodiversity Fund, 18 December, 2023 – The CBF concludes 2023 by announcing an additional EUR 10 million in funding for its Ecosystem-based Adaptation (EbA) Facility, courtesy of the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection (BMUV) International Climate Initiative (IKI), facilitated through KfW, the German Development Bank.
“The CBF has over the last seven years created an EbA Facility with tangible results. We are pleased that this has garnered recognition, leading to continued support that will bolster our commitment to foster regional capacity building in ecosystem-based adaptation and contribute to global climate change adaptation goals,” stated CBF CEO Karen McDonald Gayle.
To date, CBF’s EbA Facility has allocated USD 46 million across 34 projects spanning 11 Caribbean nations. These projects primarily focus on enhancing coastal and marine ecosystems, including mangroves, wetlands, coral reefs, and coastal watersheds, benefitting 40 marine managed areas.
Dr. Ulrike Krauss, CBF’s Climate Change/EbA Facility Program Manager, expressed enthusiasm for the on-the-ground success of the Facility.
“Consider Haiti’s Community Organized Relief Effort (CORE) as an example. Despite challenges, this project fostered community ownership, aiding 340 direct beneficiaries, supporting 274 sustainable livelihoods, and establishing 4 environmental clubs involving 69 students. Moreover, it revitalised 257 hectares of ecosystems, achieving an 85% survival rate for replanted mangroves,” Dr. Krauss remarked.
This new funding will pave the way for the 5th Call for Proposals under the CBF’s EbA Facility and will extend the impact of the CBF, by promoting coordination and scaling EbA solutions until at least 2030.
“The EbA Facility’s successful project implementation across numerous Caribbean islands, despite cultural diversities and linguistic variations, is commendable,” remarked Montserrat Acosta-Morel, Chairperson of the EbA Facility Committee overseeing the Facility.
Looking forward to the upcoming 5th Call for Proposals, the CBF anticipates continued collaboration with regional partners, grantees, and other stakeholders. The unwavering commitment to replicating and scaling successful EbA approaches underscores our goal to build a more sustainable and climate-resilient future for the Caribbean region.
For inquiries or further information, please contact:
Dr. Ulrike Krauss, CBF EbA Facility Program Manager, ukrauss@caribbeanbiodiversityfund.org or learn more about the CBF, caribbeanbiodiversityfund.org
Vanessa Hartmann, KfW Portfolio Manager, vanessa.hartmann@kfw.de
