Project Factsheet
Tools for » Preparatory Grant - Bahamareefs, The Bahamas
Project ID:00127086Description:Preparatory Grant - Bahamareef
Fund:
Global Fund for Coral Reefs
Start Date *: 20 May 2021
Theme:
2021 Pipeline Development
End Date*: 31 Dec 2021
Country: Bahamas Project Status: On Going
  Participating Organization:   TNC - The Nature Conservancy
About

Programme Description

The preparatory grant will be used to by TNC to bring together a consortium of local partners to catalyse innovative finance mechanisms and revenue streams for coral reef ecosystems and reef-dependent communities in The Bahamas.

Key expected outputs

  • Full Programme Proposal submitted to the GFCR Executive Board in August/September 2021
  • Key elements to be included in the full Programme Proposal: (a) Presence of resilient reefs; (2)Blended Finance to promote sustainable revenue streams with positive impact on coral reefecosystems and dependent communities; (3) Consortium of partners convened by TNC; (4) M&E Strategy; (5) Budget and workplan tied to clear milestones

 

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Participating Organizations are required to submit final year-end expenditures by April 30 in the following year; Interim expenditure figures are submitted on a voluntary basis and therefore current year figures are not final until the year-end expenditures have been submitted.
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Contacts

If you have questions about this programme you may wish to contact the RC office in Bahamas or the lead agency for the programme. The MPTF Office Portfolio Manager (or Country Director with Delegation of Authority) for this programme:

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