The Caribbean Biodiversity Fund (CBF) is a regional umbrella environmental fund established in 2012 to deliver long-term financing for conservation and sustainable development across the Caribbean.
1Key Highlights:
- Mission & Overview: Established as part of the Caribbean Challenge Initiative, the CBF creates innovative financial solutions and consolidates resources to conserve biodiversity and promote sustainable development in the region.
- Conservation Finance Program: Manages an Endowment Fund of over USD 150 million to provide sustainable funding for National Conservation Trust Funds (NCTFs), supporting protected area management, natural resource infrastructure, environmental policy, and research.
- Climate Change Program: Promotes Ecosystem-based Adaptation (EbA) through its EbA Facility, awarding grants to local, national, and regional projects implementing climate adaptation measures.
- Nature-Based Economies Program: Operates the Advancing Circular Economy (ACE) Facility to tackle waste and marine litter in the insular Caribbean by funding infrastructure, policy, and educational initiatives.
- Strategic Partnerships: Functions as a primary regional implementing partner, facilitating regional cooperation, capacity building for partner funds, and resource mobilization with international donors.