Feasibility study and Preparation of Roadmaps for the mobilization of additional and sustainable national financing for Biodiversity Conservation

Project duration
10/2024
|
Location
Caribbean
Head of service line
Guido Fernández de Velasco
©
makenzie cooper on unsplash
Project Coordinator
Alejandro Moreno
Head of Climate & Development Finance
Team

Alejandro Moreno
Lucy Emerton
Monika Bertzky
McHale Andrew
Britney McDonald
Jan Roque
Bevon Chadel Charles
Odacy Davis
Reynold Murray
Denise Forrest
Joaneson Lacour

Services
Climate and Development Finance
Strategic Planning

The Caribbean Biodiversity Fund (CBF), with support from the Agence Française de Développement (AFD) and the French Global Environmental Facility (FFEM), is implementing the Caribbean Regional Architecture for Biodiversity (CRAB) Project. This initiative aims to strengthen the financial and operational capacities of National Conservation Trust Funds (NCTFs) across nine Caribbean countries, ensuring sustainable funding mechanisms for biodiversity conservation.

The project focuses on preparing roadmaps and strategies for mobilizing sustainable national financing for conservation efforts. Key deliverables include conducting participatory diagnostics of financing opportunities, feasibility studies on resource mobilization, and the development of operational roadmaps and fundraising strategies for selected NCTFs. This initiative supports a robust framework for resource generation, including innovative financing mechanisms such as green taxes, blue bonds, payment for ecosystem services, and tourism contributions.

The consultancy involves a mix of virtual and in-country activities, with a focus on collaboration between stakeholders, NCTFs, and the CBF. This work will empower NCTFs to implement effective financing strategies, ensuring a sustainable flow of resources to protect the region’s rich biodiversity and natural resources while addressing conservation funding challenges.

Other Projects

Check our work
Ecuador
|
01/2022
-
02/2022

Terminal Evaluation: “Safeguarding biodiversity in the Galapagos Islands by enhancing biosecurity and the enabling environment for the restoration of Galapagos Island ecosystem

Strategic Planning
Uruguay
|
06/2016
-
09/2016

Environmental and Social Management Plan (ESMP) plus contingency Plan for the Campo Palomas Wind Farm Project

Environmental Management
Global
|
07/2024
-
07/2024

Design and development of IUCN’s proposal for the GEF 8 Call for Proposals for the Inclusive Conservation Initiative (ICI), Phase 2.

Strategic Planning