CCI: the Caribbean's '20 by 20' Challenge
For the first time in history, visionary leaders of Caribbean governments have come together with responsible business leaders to take collaborative action to protect and sustainably manage their marine and coastal environment. A growing number of partners—such as funders and non-governmental organizations—are rallying around this effort, providing financial, technical, and other support.
This ambitious and collaborative effort is known as the Caribbean Challenge Initiative (CCI). At the heart of this Initiative are two overarching, time-bound goals:
1. '20-BY-20' GOAL To effectively conserve and manage at least 20 percent of the marine and coastal environment by 2020.
2. SUSTAINABLE FINANCE GOAL To achieve the '20 by 20' Goal, to have in place fully functioning sustainable finance mechanisms that will provide long-term and reliable funding to conserve and sustainably manage the marine and coastal resources and the environment in each participating country and territory.
Achieving these goals, through public-private partnerships and other means, can help to ensure a prosperous economy and a sustainable future for the Caribbean region, benefiting this and future generations.