During the 2016 fiscal year of July 1, 2015 to June 30, 2016, CEPF awarded US$15 million in new grants, bringing the amount it has invested in conserving critical ecosystems since 2000 to more than US$206.7 million. By the end of the fiscal year, 2,121 grantees had received support from the fund since its inception.
CEPF secured commitments of US$15.2 million during the fiscal year, including US$9.8 million of a US$10.7 million grant from the GEF to enhance mainstreaming of biodiversity conservation factors into development decision-making and to expand and increase the effectiveness of CEPF grantee learning opportunities.1 Additional commitments included US$1.6 million from the World Bank, and US$2.8 million for the Indo-Burma Biodiversity Hotspot and US$1 million for the Wallacea Biodiversity Hotspot from the Margaret A. Cargill Foundation.
Teams completed ecosystem profiling—the stakeholder-informed analysis that includes development of our funding strategy—for the Cerrado and the Guinean Forests of West Africa hotspots, and began profiling the Mountains of Central Asia Biodiversity Hotspot. CEPF finalized profiles for the Cerrado and Guinean Forests of West Africa hotspots and awarded grants for the regional implementation teams for those hotspots. The fund also continued active granting in the East Melanesian Islands, Eastern Afromontane, Indo-Burma, Madagascar and Indian Ocean Islands, Mediterranean Basin, Tropical Andes, and Wallacea hotspots.
CEPF Statement of Activities
For fiscal year ended June 30, 2016
|Grants and Contributions||15,160,000||283,471,665|
|Gain (Loss) in Foreign Exchange||61,681||(1,550,798)|
|Expenses and Grants Awarded (Grants by funding region*)|
|Cape Floristic Region||7,551,147|
|East Melanesian Islands||1,400,545||5,353,336|
|Eastern Arc Mountains & Coastal Forests||(22,891)||8,789,550|
|Guinean Forests of West Africa||8,072,696|
|Guinean Forests of West Africa Reinvestment||1,800,000||1,800,000|
|Madagascar & Indian Ocean Islands||2,651,648||4,926,286|
|Mountains of Southwest China||7,886,147|
|Tropical Andes Reinvestment||1,803,272||3,603,272|
|Western Ghats & Sri Lanka||(38,457)||6,055,069|
|Ecosystem Profile Preparation||352,800||10,823,720|
|Use of Interest: External Evaluations, Audit, and Special Projects||493,645||2,428,442|
|Donor-Funded Non-Recurring Activities (GEF-PPG)||74,466||200,000|
|Total Other Expenses||US$3,955,795||US$50,877,823|
|Total Expenses and Grants Awarded||US$19,026,492||US$257,653,685|
|Revenue Less Expenses||(3,393,490)||27,397,626|
|Fund Balance at Beginning of Period||31,321,285|
|Fund Balance at End of Period||27,927,795|
|Fund Balance at End of Period Consisted of:|
|Cash & Interest Accrued, Net of Amount Due to or from CI||38,715,299|
|Fund Balance at End of the Period (Fully Earmarked for Investments)||27,927,795|
*The grant expenses include new grants awarded in FY16. Negative amounts, in parentheses, represent deobligations.
1The GEF provided US$200,000 in fiscal year 2015 for the preparation of this project, and US$10.682 million in fiscal year 2016 for implementation, including the implementing agency fee paid to the GEF Implementing Agency.
Nile crocodile, South Africa. © Jon McCormack
Fisherman, Areng River, Cambodia. © Jeremy Holden