Reef Resilience and Risk Financing in the Greater Caribbean

The Caribbean Regional Architecture for Biodiversity (CRAB) project will support the development of the Caribbean Sustainable Finance Architecture (CSFA); develop innovative nature-based economic development opportunities and promote the exchange of experiences to improve project management and the health crises impact response.

The project started in July 2022 and will run for 5 years ending in 2026. Implemented by us at the CBF with a budget of 7 million euros that was funded by AFD, FFEM, KfW and the CBF. The beneficiaries include NCTFs and conservation organizations such as public agencies, NGOs and local communities.