(GSDTF) was established in 2016 by a committee including representatives from Government and Non-Government organizations, Civil Society and the Private Sector with the support of the Caribbean Biodiversity Fund (CBF) and its Donors: the German Government through the Development Bank KfW, the Nature Conservancy (TNC) and the Global Environmental Facility (GEF) through the World Bank. It officially
commenced its operations in January 2018 and is currently funded by the Caribbean Biodiversity Fund (CBF) through an annual endowment. The Fund was created to provide reliable long-term funding to support the management of the country’s marine and terrestrial resources, with special emphasis on climate change mitigation, hazard risk reduction and adaptation and activities related to human development and pollution reduction. Vision: Promoting economic and human development through conservation of our natural systems. Mission: To provide sustainable funding for environmental conservation and management. Purpose: The primary purpose of the GSDTF is to (1) foster, encourage and promote the conservation, protection and maintenance of the biodiversity of the terrestrial and marine environment and (2) promote climate change mitigation and adaptation activities. Governance
The organization is governed by a Board of Directors who represent Founding Members, Government and Non-Government Organizations. Founding Members
- Ministry responsible for Finance, Economic Development and Planning (Affiliated)
- The Trade Union Council (Non-Affiliated)
- Grenada Chamber of Industry and Commerce (Non-affiliated) and;
- The Nature Conservancy (Non-affiliated)
Government Members
- Ministry of Economic Development, Planning, Tourism, ICT, Creative Economy, Agriculture and Lands, Fisheries & Cooperatives
- Ministry of Education, Youth Sports & Culture
- Ministry of Climate Resilience, the Environment & Renewable Energy
Non-Government Members
- Grenada Bar Association
- The Inter-Agency Group of Development Organization
- Grenada Bankers Association
- Grenada Conference of Churches
Committees
The Board of Directors is supported by three (3) main committees, namely, the Executive, Human Resource, Finance and Technical Advisory Committees. Each Committee is governed by the regulations as outlined in their respective Charters. The Executive Committee is a group of Directors authorized and able to act on behalf of the Board (subject to compliance with applicable law) to determine urgent matters in the judgment of the Chairperson of the Board. The Human Resource (HR) Committee’s purpose is to assist the Board in relation to the management, development and oversight of human resources strategies and policies that govern the interpersonal relationship, overall staff development and morale of the organization. The Finance Committee coordinates the Board’s overall financial oversight responsibilities, thus, is responsible for planning, developing, implementing, monitoring, and evaluating GSDTF’s policies and programs for funding, financial management, facilities management, assets, risks, and insurance. The duties of the finance committee [with the approval of the Board of Directors] can be extended to include all fundraising matters and decisions. The Technical Advisory Committee (TAC) is another supporting body whose primary task includes providing technical guidance and oversight in project proposal review. This committee primarily supports the grant-making function of the GSDTF and provides advice to the Board on scientific and technical matters about the grant process (incoming and outgoing grants). This team of six (6) members includes government and non-government organization representatives. The Secretariat
The GSDTF has a cadre of three (3): Chief Executive Officer, Program Officer and Administrative Assistant.
