An innovative Public Private Partnership (PPP) agreement for marine conservation was signed on February 23rd 2018 in the Dominican Republic. The agreement, facilitated by Blue finance, defines the co-management of 8000km2 of the Marine Sanctuary “Arrecifes del Sureste" between the Ministry of Environment and Natural Resources and a non-profit consortium/co-management body; comprised of local and international NGOs, private sector organisations, and the NGO Blue finance, among others.
See the full press release here.
*Text provided by Blue Finance
Conservation Finance Alliance Dinner at the RedLAC Assembly
For those members of CFA who are planning to attend the RedLAC Assembly in Punta Cana, DR, we hope you will join Executive Committee members Lorenzo Rosenzweig and John Adams, along with Katy Mathias from the Secretariat, for an informal dinner and discussion on Wednesday, 1 November. This will be an opportunity for a collaborative discussion and networking among members. Location and time to be announced. Please RSVP to let us know if you are interested.
Save the Date for RedLAC Assembly
After 13 years, the RedLAC Assembly will take place again in the Caribbean and for the first time it will be co-hosted by three members: the Caribbean Biodiversity Fund (CBF), Fundación Sur Futuro, and Fondo MARENA. This year’s Assembly theme will be the Blue Economy and we are delighted to invite you to our conference, which will be held from October 30th to November 2nd, 2017, in Punta Cana, Dominican Republic. We will provide our audience with ours speakers vision of the future of Environmental Funds (EFs), especially how to see EFs should diversify funding mechanisms, combining different types of financial tools.
For further information, please check out the Save the Date flyer or send questions to info@redlac.org.
Groundbreaking Partnership Signed to Support Environmental Protections in the Dominican Republic
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.