Photo credit: tvincenttimes.com Excerpt from tvincenttimes.com
The Caribbean Biodiversity Fund (CBF) officially launched the implementation phase of projects funded, through its Advancing Circular Economy (ACE) Facility during a three-day Grantee Award and Inception Workshop, held from August 25–27, 2025 in Miami.
The CBF’s Nature-Based Economies (NbE) Program was developed to support pollution reduction efforts in the Caribbean. The ACE Facility, a key initiative under the NbE Program, promotes marine litter management across the insular Caribbean. It works with public and private sector partners, as well as regional stakeholders, to fund practical projects that apply circular economy principles to minimize and prevent waste from entering the marine environment and, where possible, remove existing marine litter.
“The launch of these projects represents a pivotal moment for the Caribbean,” said Karen McDonald Gayle, CEO of the Caribbean Biodiversity Fund. “It’s about sustainably investing directly in tangible solutions that will not only reduce marine pollution but also foster resilient communities and create new economic opportunities across the region.”