St. Vincent and the Grenadines stands to benefit directly from the Caribbean Biodiversity Fund (CBF) having officially launched the SVG Conservation Fund (SVGCF) recently.
The ceremony to launch the SVGCF took place on Tuesday February 12 at the Paradise Beach Hotel and saw government officials and members of the Fund joining together to create a new platform for the conservation, protection and management of natural resources.
Chairman of the SVGCF, Vanburn Harry disclosed that the fund was established in November 2015 with the goal of providing a “sustainable flow of funds to support the long-term management and expansion of the` SVG national system of protected areas and other activities that contribute sustainably to the conservation, protection and maintenance of biodiversity in SVG.”
Harry added that “the SVGCF functions on a set of core values which includes transparency and integrity, cooperation and inclusivity, conservation and sustainability, accountability and education.”
Harry disclosed that the SVGCF will support single grants lasting no more than two years, ranging from $5000 to US$50,000.
