Call for Proposals

Supported Projects

The Caribbean Biodiversity Fund awards grants through its Advancing Circular Economy (ACE) Facility for projects that apply practical circular economy principles to prevent solid waste from entering the marine environment or removing marine litter.

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Project Eligibility

To qualify for funding, all projects must incorporate the following elements into their design:

Bankrupt applicants, in closure or ceasing their activities, are having their activities administered by courts, have entered into receivership, or are in any analogous situation are not eligible for funding.

Individuals or legal entities that have been convicted by a final judgment or administrative decision or are subject to financial sanctions by the United Nations, the European Union, and/or Germany due to involvement in criminal organizations, money laundering, terrorist-related offenses, child labour, or human trafficking are excluded. This exclusion criterion also applies to legal entities whose majority shares are held or controlled by individuals or other legal entities subject to such convictions or sanctions

Project Design Preferences

The ACE Facility may give preferential treatment to projects that incorporate the following elements:

Focus of Projects To Be Supported

The ACE Facility will support investments in equipment and infrastructure, generation of data and knowledge, policy support, and education of consumers in the following areas:

The above should be complemented by activities that:

Projects shall take into account the 10 R-strategies for a circular economy.

Projects, focusing on marine waste prevention, minimization, and removal, shall align with the priority scope (waste stream and sectors) of the ACE Facility:

Grant Sizes

Grant funding amounts range from USD 400,000 to USD 2,000,000 and need to be complemented by co-financing of the grantees as outlined below. The project shall consider long-term sustainability and financial feasibility beyond the grant funding period.

Co-financing

Project co-financing is a collaborative approach that can encompass a wide range of contributions. By leveraging diverse resources and expertise, co-financing enables more comprehensive, impactful, and sustainable project outcomes. Grantees will be required to provide co-financing as follows:

Project Duration

The projects financed by the ACE Facility shall have an implementation period of two and a half (2.5) years to three (3) years. The project’s timeline may be extended, under extenuating circumstances, subject to the satisfactory request by the grantee and subsequent acceptance and approval by the ACE Facility. Project extensions requiring additional funding will not be considered. 

Additional Considerations

Via its EbA Facility, grants are awarded to projects that contribute to the realization of the strategic objective of the EbA Facility, which is to sustainably manage EbA supporting marine and coastal zone habitats, including rehabilitating key high biodiversity ecosystems and incorporating social and economic resilience to climate change.

Successful project must:

Supported projects that realize the EbA Facility's strategic objective can include:

1. Improved management, restoration and rehabilitation of habitats to reduce climate risks

This intervention category covers a range of management activities that directly protect habitats in order to reduce climate risks. It also covers activities that directly restore or rehabilitate habitats in order to reduce climate risks. Restoration activities could include conventional (well-established) natural habitat restoration approaches, new types of natural habitat restoration approaches, and hybrid solutions that combine build infrastructure with natural habitats. Hybrid solutions, also known as green-gray solutions, often provide cost effective, long-term climate resilience to vulnerable communities and infrastructure. Illustrative activities include but are not limited to:

2. Community engagement to reduce climate risks

This intervention category is to be engaged in tandem with the interventions identified in the section above. It covers a range of activities linked to community engagement in reducing climate risks and building adaptive capacities associated with restoration and rehabilitation. Activities could be designed to create greater understanding, capacity and participation among the people most affected by climate change, and that most depend on ecosystem services provided by natural habitats. Illustrative activities include but are not limited to:

3. Testing/developing new EbA models

Across the above intervention categories, the EbA Facility could support the testing and development of new EbA models that could be scaled up, including new approaches, techniques and technologies. Illustrative examples include but are not limited to:

4. Environmental and Social Risks Management requirements

In alignment with the CBF’s vision of a Caribbean region where both its natural environment and people thrive, the proposed projects should yield significant environmental and social net benefits to the region. Proponents applying to this Call for Proposals should demonstrate that they are able to identify, assess, and manage the environmental, social, and climate change-related risks and impacts of their projects.

Applicants are encouraged to consult the CBF Environmental and Social Policy and Exclusion List to make sure that their Concept Notes are aligned with the CBF’s requirements.

Projects Size

This intervention category covers a range of management activities that directly protect habitats in order to reduce climate risks. It also covers activities that directly restore or rehabilitate habitats in order to reduce climate risks. Restoration activities could include conventional (well-established) natural habitat restoration approaches, new types of natural habitat restoration approaches, and hybrid solutions that combine build infrastructure with natural habitats. Hybrid solutions, also known as green-gray solutions, often provide cost effective, long-term climate resilience to vulnerable communities and infrastructure. Illustrative activities include but are not limited to:

Tier 1: Large grants
Tier 2: Medium-sized grants

Large grants would be in the range of USD 1M to USD 3M, with some exceptions for larger grants involving multi-country/regional projects. These grants could cover projects that target broad geographic scales and larger-scale impacts (e.g. regional, national and seascape-scale projects). Grantees could be international, regional and national-level entities (government and non-governmental) with a track record of managing grants of this size in the last three years.

Medium-sized grants would be in the range of USD 400,000 to USD 1M. These grants could cover projects that target smaller geographic scales and impacts (e.g. seascape-scale and site-scale projects) but could serve as models for scaling up approaches and activities. Grantees could be primarily national and local-level entities (government, civil society), with a track record of managing grants of this size in the last three years.

Whenever possible, co-financing should be identified. Private sector applicants are expected to commit at least matching finance in support of the grant request (50% CBF; 50% cofinance).

Applicants are asked to note that a separate bank account dedicated to the EbA Facility grant must be opened by organizations in the event that an award is approved on the basis of successful proposals.

Project Duration

The projects may be implemented in a maximum period of 48 months.