During the 2018 fiscal year of 1 July 2017 to 30 June 2018, CEPF awarded US$14.1 million in new grants, bringing the amount it has invested in conserving critical ecosystems since 2000 to nearly US$231.9 million. By the end of the fiscal year, 2,305 grantees had received support from the fund since its inception. The fund continued active granting in the Cerrado, East Melanesian Islands, Eastern Afromontane, Guinean Forests of West Africa, Indo-Burma, Madagascar and the Indian Ocean Islands, Tropical Andes, and Wallacea biodiversity hotspots. The fiscal year also saw the completion of CEPF’s first five-year, US$10.7 million investment in the Mediterranean Basin Biodiversity Hotspot, and the start of a second five-year investment of US$10 million. A team led by the Caribbean Natural Resources Institute (CANARI) drafted a new ecosystem profile—the stakeholder-informed analysis of a biodiversity hotspot that includes development of CEPF’s funding strategy—for the Caribbean Islands Biodiversity Hotspot, laying the foundation for a reinvestment in the hotspot following CEPF’s US$6.9 million investment from 2010–2015.
CEPF Statement of Activities
For fiscal year ended 30 June 2018
| Revenue | FY18 | Cumulative |
|---|---|---|
| Grants and contributions* | 0 | 311,073,763 |
| Gain (Loss) in Foreign Exchange | 4,308 | (1,492,379) |
| Interest Earned | 122,267 | 3,359,602 |
| Total Revenue | 126,575 | US$312,940,986 |
| Expenses and Grants Awarded (Grants by funding region*) | ||
| Atlantic Forest | 10,010,403 | |
| Cape Floristic Region | 7,551,147 | |
| Caribbean Islands | (24,673) | 6,872,390 |
| Caucasus | 9,288,219 | |
| Cerrado | 2,173,799 | 4,467,249 |
| East Melanesian Islands | 949,039 | 6,998,294 |
| Eastern Afromontane | 1,587,097 | 12,382,348 |
| Eastern Arc Mountains & Coastal Forests | 8,789,550 | |
| Eastern Himalayas | 4,882,859 | |
| Guinean Forests of West Africa | 8,072,696 | |
| Guinean Forests of West Africa Reinvestment | 2,548,543 | 4,644,116 |
| Indo-Burma | 9,656,797 | |
| Indo-Burma Reinvestment | 1,177,012 | 15,231,781 |
| Madagascar | 5,555,602 | |
| Madagascar & Indian Ocean Islands | 1,868,858 | 8,806,247 |
| Maputaland-Pondoland-Albany | 6,647,323 | |
| Mediterranean | (251,250) | 10,713,762 |
| Mediterranean Reinvestment | 1,899,786 | 1,899,786 |
| Mountains of Southwest China | 7,886,147 | |
| Mulitple Hotspots | 79,380 | 79,380 |
| Northern Mesoamerica | 7,079,430 | |
| The Philippines | 6,970,399 | |
| Polynesia-Micronesia | 6,828,576 | |
| Southern Mesoamerica | 7,046,928 | |
| Succulent Karoo | 9,220,999 | |
| Sundaland | 9,901,465 | |
| Tropical Andes | 8,287,386 | |
| Tropical Andes Reinvestment | 1,040,318 | 6,790,918 |
| Tumbes-Chocó-Magdalena | 6,797,978 | |
| Wallacea | 1,146,804 | 6,472,703 |
| Western Ghats & Sri Lanka | (27,496) | 6,027,573 |
| Total Grants | US$14,140,008 | US$231,860,450 |
| Ecosystem Profile Preparation | 82,693 | 11,559,319 |
| Use of Interest: External Evaluations, Audit, and Special Projects | 146,180 | 2,850,489 |
| Donor-Funded Non-Recurring Activities (GEF-PPG) | 45,000 | 245,000 |
| Operations | 3,196,195 | 43,848,009 |
| Total Other Expenses | US$3,470,068 | US$58,502,817 |
| Total Expenses and Grants Awarded | US$17,610,076 | US$290,363,266 |
| Revenue Less Expenses | (17,483,501) | 22,577,720 |
| Fund Balance at Beginning of Period | 40,657,386 | |
| Fund Balance at End of Period | 23,173,885 | |
| Fund Balance at End of Period Consisted of: | ||
| Cash & Interest Accrued, Net of Amount Due to or from CI | 18,091,492 | |
| Accounts Receivable | 30,451,640 | |
| Grants Payable | (25,369,247) | |
| Fund Balance at End of the Period (Fully Earmarked for Investments) | 23,173,885 |
Footnote
*Cumulative total adjusted to reflect CI US$25 million contribution pledged in prior fiscal year.
**Grant expenses include new grant awards in the current fiscal year. Negative amounts represent deobligations.
Photo Credits
Páramo Los Nevados National Park, Colombia, Tropical Andes Biodiversity Hotspot. © O. Langrand
Bromiliad, Amboro National Park, Bolivia. © O. Langrand
