Established in 2012, the Caribbean Biodiversity Fund (CBF) is the realization of a bold vision to create reliable, long-term funding for conservation and sustainable development in the Caribbean region. The CBF and a group of National Conservation Trust Funds (NCTFs) together form the Caribbean Sustainable Finance Architecture.

Working as an umbrella fund with a flexible structure to implement innovative solutions for resource mobilization at the regional level, the CBF currently has two programs:

Conservation Finance Program, anchored by a US$75 million endowment fund;
Climate Change Program, anchored by a US$27 million sinking fund focused on Ecosystem-based Adaptation (EbA).