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EF-to-EF Mentorship program between MAR Fund, Pacífico, and the Caribbean Biodiversity Fund

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This report to Project K is accompanied by two other products: 1. Governance in Regional Conservation Finance Platforms: A Comparative Case Study. This is a full case study analyzing the governance practices in the three regional platforms. This was the basis for platform selfanalysis reflection and ultimately decisions to strengthen their governance standards; and 2. A Capacity-Building Plan to strengthen the three marine regional platforms for conservation through the Caribbean-­Pacific Alliance for Marine Conservation Finance – made up of all three REDLAC Marine Regional Conservation Finance Platforms.

This study and the emerging learning and mentoring opportunities were made possible thanks to the support of Project K, Building Capacity in Conservation Trust Funds in RedLAC and CAFÉ, managed by FUNBIO and funded by FFEM (French Fund for the Global Environment), the GEF (Global Environment Facility), Mava Foundation and matching contributions from the 40 environmental funds in 28 countries along with RedLAC and CAFÉ. Members of the three regional platforms generously gave of their time and experience to develop the comparative case study and the accomplishments reported herein.

This mentorship program between the Mar Fund, Pacífico, and the Caribbean Biodiversity Fund, focused on governance issues common to all conservation trust funds, but also specific governance challenges that are unique to regional platforms. By systematizing the governance experience of all three platforms in a comparative case study, a very fruitful two-day discussion ensued. With a commitment to apply the learning, all three platforms considered different possibilities for improving their governance and made commitments to each other to advance these goals. The long-term experience of MAR Fund was a useful counterpoint to the start-up phase being experienced by CBF and Pacífico. This was great opportunity for the newer regional platforms to launch their governance efforts using the best practices and strong advice from their peers.
In addition, the mentorship experience strengthened the ongoing collaboration among members of the “Caribbean- Pacific Alliance for Marine Conservation Finance”. They have committed to continue sharing their experiences and coaching each other to continually apply new learning on effective conservation finance techniques and improve their impact in their respective marine regions.
Category: #Capacity Building #Case Studies #Governance and Management #Mentorship #Workshops