phase ii of the caribbean challenge initiative · cci at a glance • catalyze political will,...

Phase II of the

Caribbean ChallengeInitiative

Presentation by Mr. Hayden Redhead

Coordinator of CCI Secretariat

CCI at a glance

• Catalyze political will, funding and actions to conserve marine / coastal environment across region

• Coalition of governments, companies, partners • Two goals: ‘20 by 20’ and sustainable financing

(not legally binding commitments)

• Distinguished by creation of a new sustainable

financing architecture to achieve CCI goals

Outline of presentation

• Phase I of CCI (2008 - 2012) • Key outcomes of Summit to launch Phase II • Phase II of CCI (2013 - 2018): progress • CCI Secretariat & CCI Council • Next steps • CCI Sponsors

Origins of CCI

Governments increasingly aware of economic values of marine / coastal resources, and

their sharp decline

BEACHESREEFS

FISHERIES MANGROVES

British Virgin Islands

9 governments participated in Phase I of CCI

“20-by-20” Goal


• Phase I of CCI (2008 - 2012) • Key outcomes of Summit to launch Phase II • Phase II of CCI (2013 - 2018): progress • CCI Secretariat & CCI Council • CCI Sponsors • Next steps

Summit of Caribbean Political and Business Leaders

(British Virgin Islands; May 17-18, 2013)

US $75M in financial commitments

CCI Phase II: Strategic Plan Guided by conservation goals and actions endorsed

by political and business leaders at the Summit

LEADERS DECLARATION detailed Framework of

Action

CORPORATE COMPACT supports greening business

practices

Focus of Phase II

Expand and

strengthen MPA

networks

Operationalize

sustainable funding

mechanisms

Outcomes: Biodiversit

y conservation Climate adaptation Sustainabl

e developme

ntGOAL #1: ‘20 BY 20’

GOAL #2: SUSTAINABLE FINANCE

CARIBBEAN BIODIVERSITY FUND (CBF)

$42M now committed Grow substantially over

time

Regional

NATIONAL / TERRITORY CONSERVATION TRUST

FUNDS

(8 countries for now)

1:1 Match in Year 3

National / Territory

Two Levels

Major progress on Sustainable Finance Goal

Country Examples

• Bahamas – Aug 2015, announced 11 Acres of new MPAs – Up to 10% Protected towards 20 by 20

• Grenada – Set to announce 2 new MPAs in coming weeks – Will take GND to 7% Protected towards 20 by

20 – CMBP Driven

CCI Secretariat

• Government of Grenada agreed to host CCI Secretariat for its first term.

• Communication and coordination functions.

Secretariat functions

• Organize regional CCI meetings, including “Solution Dialogues” on key marine topics

• Maintain web platform to support action (www.carribeanchallengeinitiative.org)

• Track progress on CCI • Develop tangible tools to support CCI (e.g.

searchable database of funding sources) • Encourage new countries, companies and

partners to join

CCI Council

• More formal structure to provide strategic direction and facilitate collaboration

• Composition: governments, companies and partners (e.g. NGOs, funding agencies)

• First meeting of Council being planned

Next Steps

• Issue Newsletter & Update Website

• Host full CCI Event in September 2016

• Launch CCI Council

• Plan next Summit

CCI Sponsors

Funding for the CCI Secretariat & CCI Events is provided by the following donors,

• The Nature Conservancy • German Development Bank KfW • USAID • The Moore Foundation • Others

Contact the CCI

For more information please contact the Caribbean Challenge Initiative Secretariat:

[[email protected]] www.caribbeanchallengeinitiative.org

Thank You!

phase ii of the caribbean challenge initiative · cci at a glance • catalyze political will,...

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