Although natural resources are important to the Caribbean economy, ecosystem services are not often considered in development planning. Furthermore, economic instruments for biodiversity conservation are not well-developed. In this context, the Caribbean Biodiversity Fund (CBF) –USAID’s implementing partner– aims to secure sustainable financing for conservation. The goal is to build the capacity of countries to generate effective regional conservation strategies that will meet the socio-economic and ecological challenges of tomorrow.
USAID’s Sustainable Financing for Caribbean Regional Conservation Project ensures that biodiversity and priority ecosystems in the Caribbean region are safeguarded through effective financing. The project will strengthen and enhance technical and institutional capacities to increase innovation and achieve sustainable financing for biodiversity conservation in the Caribbean.