GLISPA Friend Caribbean Biodiversity Fund involved in the launch of another Caribbean Conservation Trust Fund in Saint Vincent and the Grenadines...
On Tuesday, February 12th 2019, the Saint Vincent and the Grenadines Conservation Fund (SVGCF) was officially launched.
PHOTO: Board and Staff Members of the St. Vincent and the Grenadines Conservation Fund
were joined by Ministers of Government and the CEO of the Caribbean Biodiversity
Fund (CBF) for the official launch of the fund.
SVGCF is a Not-for-Profit Company whose general purpose is to provide a sustainable flow of funds to support the long-term management and expansion of the Saint Vincent and the Grenadines National System of Protected Areas and other activities that contribute substantially to the conservation, protection and maintenance of its biodiversity.
The vision of the SVGCF is to ensure that the marine and terrestrial ecosystems of Saint Vincent and the Grenadines are healthy and communities are active stewards in its conservation and management. Its mission is to provide funding to support conservation of biodiversity in Saint Vincent and the Grenadines.
The SVGCF will support grants lasting no more than two years, ranging from US$5,000 - US$50,000. Depending on project outcomes, grantees may be able to apply for and receive more funding following the completion of the first grant.
The Fund is a partner of GLISPA FRIEND Caribbean Biodiversity Fund (CBF) which is a regional Environmental Fund established in 2012 to provide a sustainable flow of resources for the conservation, protection and maintenance of biodiversity in the Caribbean. The CBF mobilizes resources and channels support to partner National Conservation Trust Funds (NCTFs) and directly to selected national and regional projects. Currently, the CBF manages approximately USD 70 million through a conservation focused endowment (43 million) and a sinking fund to support Ecosystem-based Adaptation (26.5 million).