North Abaco

Central Abaco

New Providence

Central Andros

North Andros

East Grand Bahama

Rum Cay

Exuma

Ragged Island

City of Freeport

South Andros

Grand Cay

South Eleuthera

Harbour Island

South Abaco

Hope Town

Acklins

San Salvador

Inagua

Bimini

Spanish Wells

Long Island

Black Point

West Grand Bahama

Mangrove Cay

Berry Islands

Mayaguana

Central Eleuthera

Moore's Island

Cat Island

North Eleuthera

Crooked Island and Long Cay

Bahamas

Bahamas, The

Local CSOs and CBOs in landscapes-seascapes around the world access grant financing and technical assistance, including capacity development and knowledge sharing to maintain and enhance their socio-ecological resilience, well-being and socio-economic conditions for global environmental benefits.

Small Island Developing States (SIDS) in the Caribbean are highly vulnerable to climate change, which affects crucial economic sectors such as tourism, agriculture, and fishing. Rising sea levels and changing weather patterns threaten natural habitats and increase the severity of natural disasters. Despite minimal contributions to global emissions, SIDS in the Caribbean face significant economic risks, with projected annual losses of USD 22 billion by 2050, making emissions reduction essential.

The Caribbean Net-Zero and Resilient Private Sector programme supports climate resilient investments in the Bahamas, Barbados, Belize, the Dominican Republic, Guyana, Jamaica, Suriname, and Trinidad and Tobago. Focusing on agriculture, sustainable infrastructure, renewable energy, transport, and the blue economy, the programme aims to overcome investment barriers by providing advisory services and blended finance solutions. It also emphasises gender mainstreaming to close gender and diversity gaps in the region.  

Moreover, the programme aims to scale up private climate finance through local actors by combining advisory services with concessional financing from GCF, which will enhance the region's climate resilience and sustainable development. By mobilising 3.4 times the funding from IDB Invest and other co-financiers, it will help reduce the existing climate finance gap for SIDS in the Caribbean region.

SGP-OP8 builds on 30 years of successful experience in empowering local CSOs and CBOs in community driven initiatives that have enhanced wellbeing, increased awareness and resilience, and generated global environmental benefits. With economic development pressures intensifying in the developing world and the associated rising inequalities, local communities, particularly vulnerable and disadvantaged groups are becoming increasingly marginalized. The objective of Part 1 of SGP OP8 is to engage local CSOs/CBOs in landscape-seascape approaches across the 99 participating countries, providing them access to knowledge and information, capacitating them through learning-by-doing, skills development, and delivering technical and grant assistance for interventions that enhance socioeconomic conditions and generate global environmental benefits. In line with the GEF-8 SGP Implementation Arrangements Paper, core SGP resources are to be allocated equally among all eligible countries.

The proposed strategy, elaborated through four complementary outcomes, reflects the key features of GEF Small Grants Programme 2.0, including new approaches to support youth, women and Indigenous Peoples, linking up with complementary partnerships, cooperating with the two additional GEF agencies, and leveraging opportunities with other GEF programs. SGP-OP8 will facilitate opportunities for innovation and scaling up, catalyze multi-stakeholder alliances, and leverage dialogue platforms for greater impact.

An important comparative advantage of SGP is the focus on social inclusion and vulnerable groups, including women, Indigenous Peoples, persons with disabilities, the elderly and youth. Expected results under OP8-Part 1 include 225,000 ha of land and ecosystems under restoration, 3,800,000 ha of landscapes under improved practices, 90,000 ha of marine protected areas under improved management, 270,000 ha of marine habitat under improved practices, and 500,000 direct beneficiaries, of whom 250,000 are women.

To support forty-three (43) developing countries to prepare and submit Biennial Transparency Reports (BTRs) and National Communications (NCs) that comply with the United Nations Framework Convention on Climate Change (UNFCCC)/Paris Agreement (PA) reporting requirements; and respond to their national development goals.

Geography

Bahamas

Recent documents

Adaptation Fund

Climate Investment Funds

Green Climate Fund

Global Environment Facility