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


*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