On December 12th, 2016, in Santo Domingo, the Caribbean Biodiversity Fund (CBF) and El Fondo Nacional para el Medio Ambiente y los Recursos Naturales (Fondo MARENA) signed a ground-breaking Partnership Agreement, which will trigger new annual flows of funding to support environmental conservation projects in the Dominican Republic. This represents an important major step toward addressing the long-standing issue of lack of reliable and long-term funding to support environmental protection. This is the first agreement, of an initial set of eight, which the CBF aims to sign with partner national trust fund across the Caribbean.