Press Release


CCI-CBF Week Takes Caribbean Biodiversity Virtual

Nassau, THE BAHAMAS: Since 2016, the Caribbean Challenge Initiative (CCI) and the Caribbean Biodiversity Fund (CBF) have been holding joint annual meetings, called CCI-CBF Week. This year’s event, originally due to be scheduled in the Bahamas, will now be held online and is free to attend. This year’s meeting theme is – “Nature-Based Solutions for our Caribbean Future”-

The host organizations invite all Caribbean citizens and stakeholders with an interest in protecting the region’s natural resources to participate and contribute to the discussions.

Please join us, as we:

  • Celebrate CCI’s achievements since its launch in 2008.
  • Recognize the accomplishments and challenges in the region in the areas of effective management, sustainable financing, climate adaptation, and implementation of a nature-based economy, and identify necessary actions to ensure healthy ecosystems.
  • Identify partners and opportunities for developing the way forward for biodiversity, protected area management and nature-based economic development in the Caribbean.

The CCI was established as an innovative platform uniting governments, the private sector and partners to take collaborative action to conserve and sustainably manage the Caribbean’s marine and coastal environment. From its launch in 2008, the CCI aimed to support and incentivize Caribbean governments to meet their sustainable development commitments, to catalyze new funding and accelerated action, and to help ensure more prosperous and sustainable economies.

In 2013, the CCI Summit of Caribbean Political and Business Leaders took place and launched a second phase of the CCI, with a new type of partnership to safeguard the Caribbean’s marine and coastal environment. Three important “constituency groups”—governments, the private sector, and partners— all joined forces and voluntarily committed to supporting the two major goals under the CCI. New marine conservation commitments were made, primarily in the form of a Leaders Declaration signed by nine governments and a Corporate Compact signed by 15 companies. Over US $75M of funding for activities to support CCI Goals were also announced, generating significant momentum towards the shared vision of a healthy marine and coastal environment with the following goals:

  • 20-by-20 Goal – To conserve and effectively manage at least 20% of the marine and coastal environment by 2020.
  • Sustainable Finance Goal – To put in place fully functioning finance mechanisms that provide long-term, reliable funding to ensure marine and coastal areas are sustainably managed into the future.

Established in 2012, the Caribbean Biodiversity Fund (CBF) is the realization of a bold vision to create reliable, long-term funding for conservation and sustainable development in the Caribbean region. The CBF is an umbrella fund with a flexible structure to implement innovative solutions for resource mobilization at the regional level through a range of financial instruments. Currently, the CBF manages approximately US$125 million through its Conservation Finance and the Climate Change: Ecosystem-based Adaptation Programs.

To organize an interview with speakers or organization representatives please contact the media liaison:

James Ellsmoor, [email protected] WhatsApp: +44 7492 490 343

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