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Working together with leading international organizations to drive sustainable marine conservation across the Caribbean.

The Caribbean BluEFin project objective is to create and strengthen nature-based Blue Economy opportunities and approaches in the Caribbean through innovative financing mechanisms. The project will also engage stakeholders and raise awareness about sustainable blue economy within the region. Funded by the Global Environment Facility (GEF) through the United Nations Environment Programme (UNEP) to the tune of USD 6 million, the Caribbean BluEFin project will be executed by the Caribbean Biodiversity Fund (CBF) over four years ending in 2028. Beneficiary countries include: Saint Lucia, St Vincent and the Grenadines, Grenada, Dominican Republic, and The Bahamas. This project is focused on the GEF-7 International Waters Focal Area, which aims to strengthen blue economy opportunities and sustaining healthy coastal and marine ecosystems. Actions will enhance public-private partnerships to identify sustainable investments within the blue economy space and transform private sector practices to improve the health of marine and coastal assets. The global environmental benefits will contribute to socio-economic benefits at the national and local levels, and may improve livelihood options, increase food security, promote gender equality and assist with climate change mitigation and adaptation.

The Caribbean BlueFin Project is supported with co-financing from the German Development Bank (KfW) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), French Agency for Development (AFD), French Fund for the Global Environment (FFEM) and the German Corporation for International Cooperation (GIZ).