As Small Island Developing States, Caribbean nations depend heavily on their biodiversity
and natural resources for economic and social development. The Caribbean Biodiversity Fund (CBF) aims to secure funding for conservation and to contribute to the sustainability of this natural capital. The CBF, through its Conservation Finance Program, working along with the National Conservation Trust Funds (NCTFs), form the “Caribbean Sustainable Financial Architecture (“the Architecture”).
The CRAB Project was designed to contribute to the development of sustainable and sufficient resources for the conservation of ecosystems in the Caribbean Region. This will support, in the long term, the maintenance and restoration of the Caribbean’s biodiversity and natural resources. The duration of the project, which started in July 2022, is 5 years.
CRAB will be implemented by the CBF in partnership with NCTFS, Organization of Eastern Caribbean States (OECS), conservation organizations, public agencies, NGOs and CBOs and French actors in the region working in biodiversity conservation. Funding for the CRAB Project is a total of 7 million Euros with donations from French Global Environmental Facility (FFEM) and Agence Française de Développement (AFD) of 4 million Euros, German Development Bank (KFW) of 500,000 Euros and Caribbean Biodiversity Fund (CBF) of 2.5 million Euros. The beneficiaries include NCTFs and conservation organizations such as public agencies, NGOs and local communities.
Donors & Partners
No results found.