Dr. Paul Bornkamm | Focal Point
The German Federal Government has supported the Caribbean Challenge Initiative (CCI) since its creation in Bonn, Germany, in 2008. Being one of the most important donors for preserving biodiversity worldwide, the German Federal Government wishes to contribute to achieving the objectives of CCI, namely the conservation of at least 20 % of nearshore and coastal environments in marine protected areas of CCI member countries by 2020. For Germany, this support is not only intended as a contribution to biodiversity conservation per se, but, as these ecosystems are highly effective in reducing negative effects of climate change, it is regarded an important step towards climate change adaptation in small island states in the Caribbean.
Germany is supporting the CCI through a significant financial contribution to the Caribbean Biodiversity Fund (CBF), an endowment fund providing sustainable financing for the achievement of the goals of CCI. Through the German Development Bank KfW, the German Federal Ministry for Economic Cooperation and Development (BMZ) has pledged EUR 20 million (about USD 27 million), three quarters of which have already been disbursed, thus making Germany the largest contributor to the CBF.
Beyond its contribution to the capitalization of the CBF, the German Federal Government is currently supporting several bilateral and regional projects addressing biodiversity conservation and ecosystem based climate change adaptation in CCI member countries. These projects, implemented by KfW and GIZ, are financed by BMZ and the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) with another EUR 25 million.
- name:Dr. Paul Bornkamm
- ministry:Federal Ministry for Economic Cooperation and Development (BMZ)