2023 NCTFJ Annual Report : simplebooklet.com

Table of ContentsPAGE #MESSAGESMessage from our Board ChairMessage from our ManagerNCTFJ BACKGROUNDPurpose & Vision Mission & ValuesBOARD OF DIRECTORSCurrentOutgoingSTAFF OF THE TRUST FUNDCOMMITTEES OF THE NCTFJGrant SelectionSustainable Finance MechanismTechnical AdvisoryGRANT MAKING PROGRAMMEOur ImpactProject Updates by Thematic AreaStrategic InvestmentINSTITUTIONAL AND TECHNICALCAPACITY STRENGTHENINGFINANCIAL ARRANGEMENTSService ProvidersDonors2022 Audit Highlights

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2023 ANNUAL REPORTIt is my honour to address you in our 2023 annual report. The year was exceptional for the NationalConservation Trust Fund of Jamaica (NCTFJ) as we embarked on our 4th year of grant- making. Thisyear, the NCTFJ focused its grant-making on environmentally-based community developmentprojects. Four sustainable farming projects were funded. We were also gratified by the successfulculmination of several projects for which grants were made in 2022.During this period, we strengthened our institutional capacity through workshops, training,exchanges, and the establishment of sub-committees. These sub-committees harness technicalexpertise within and without the board of directors and offer critical support to the secretariat. Thisyear, the focus was on project management.It was a year filled with remarkable achievements and promising developments in our mission toconserve the biodiversity of Jamaica as well as to preserve our built heritage. As we reflect on theachievements of 2023, we are reminded of the challenges that lie ahead. Climate change, habitatloss, and biodiversity decline continue to threaten our natural world. We thank our staff, directors,and major funding partners, the Caribbean Biodiversity Fund and the Inter-American Fund, for theirdedication and support. With your unwavering support and our collective determination, I amconfident we can overcome these challenges and secure a brighter, more sustainable future forJamaica and its unique ecosystems.2Lisa Grant

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2023 ANNUAL REPORTReflecting on the past year, I am filled with immense pride and gratitude for the collective effortsthat have propelled the National Conservation Trust Fund of Jamaica (NCTFJ) towards carryingout our mandate and achieving our conservation goals. This annual report chronicles our journey,highlights our accomplishments, and sets the stage for future endeavours in preserving, effectivelymanaging and sustainably using Jamaica’s protected areas. The NCTFJ has made significantstrides in advancing our mission to source and provide sustainable funding to protected areas.Through strategic partnerships, innovative projects, and community engagement, we haveenhanced our capacity to address pressing societal challenges related to biodiversity conservationand climate change, which have adverse impacts on the lives and livelihoods of Jamaicans. One ofthe notable achievements of this year has been the implementation of the CommunicationStrategy for Jamaica’s Marine Managed Areas. This initiative has noticeably strengthened therelationship of the network of Fish Sanctuaries and Marine Park Managers across Jamaica. It hasboosted the visibility of our MMAs and increased awareness of their value in safeguarding ourcritical ecosystems.Another cornerstone of our success has been the unwavering support of our partners, donors,dedicated staff and Board of Directors. Their generous contributions and active involvementhave enabled us to undertake impactful programmes/projects and expand our outreach efforts.We are particularly grateful for the collaboration with governmental agencies, non-governmental organizations, academic institutions, and the private sector, whose shared visionand dedication have amplified our impact.Looking ahead, we recognize that the journey towards sustainability is ongoing and requirescontinuous innovation and resilience. We are excited about the future and are confident that, withyour continued support, we can achieve even greater milestones.Message fromour Manager,Danellia AitchesonDanellia Aitcheson 3

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NCTFJ BACKGROUNDThe National Conservation Trust Fund of Jamaica (NCTFJ)is the leading provider of funding for the sustainablemanagement and use of natural, built and culturalresources in Jamaica and is recognized nationally for itsresponsiveness, effectiveness, and transparency.The National Conservation Trust Fund of Jamaica (NCTFJ)Limited is a non-profit organization established in 2014.The organization’s purpose is to fund activities related tothe conservation and management of a protected area orareas of environmental significance and fund activities thatcontribute to the long-term sustainability of Jamaica’sNational Protected Areas System. The establishment ofthe organization was a significant output of theGovernment of Jamaica/Global Environment FacilityStrengthening the Operational and Financial Sustainabilityof the National Protected Areas System Project. TheNCTFJ was established to mobilize additional resourcesthat are sustainable and to assist in filling the funding gapfor the effective management of protected areas inJamaica. NCTFJ is guided by the Protected Areas SystemMaster Plan (PASMP) that was approved by Cabinet in2017. The PASMP consists of the strategies, actions andpriority areas for effectively managing protected areas.Our PurposeNCTFJ Vision42023 ANNUAL REPORT

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NCTFJ BACKGROUNDFostering the effective management of Jamaica’s ProtectedAreas and cultural assets through the mobilization of financialresources for the funding of projects, the building ofpartnerships, and the sharing of knowledge and information..NCTFJ MissionNCTFJ Values 5Transparency – the NCTFJ operates in a transparent way,providing access to the information related to the fund’sactivities, including the elaboration of Annual Reportsavailable to all stakeholders.Accountability – the NCTFJ holds itself accountable fordecisions and actions taken, going through annualexternal audits and carrying out evaluations of itsprograms.Collaboration – the NCTFJ implements its initiatives incollaboration with partners that contribute to ensuresustainability and enhance the impact of its actions.Innovation – the NCTFJ relentlessly pursues creativesolutions to improve the Protected Areas System and theorganization.Commitment – the NCTFJ is committed to providingsustainable finance resources to consolidate theProtected Areas System of Jamaica.Responsiveness – the NCTFJ is alert and responds toopportunities, engaging in initiatives to address currentand emerging needs of the Protected Areas.2023 ANNUAL REPORT

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Matthew Wallace, owner of Matthew’s Restaurant in Negril, Jamaica, holds a BS in HospitalityManagement from Florida International University. After working with Marriott in Florida, hereturned to Jamaica to manage the Jungle Night Club and pursue farming. He co-foundedScotch Boyz Jamaica Ltd. and is its CEO while also contributing to fundraising efforts forNegril’s development and beach improvements. Matthew has held the post of Vice Chair of theNCTFJ since July 2021.Lisa Grant is an attorney-at-law with 20 years of experience at the Jamaican bar. She also holds aBA in History and Politics from the University of the West Indies, and an LLM in Comparative Lawfrom McGill University, where she studied International Trade Law and Intellectual Property Law.Lisa held the post of Chair of the NCTFJ from July 2021 to December 2023.BOARD OF DIRECTORS6Board ChairLisa GrantVice-ChairMatthew Wallace2023 ANNUAL REPORT

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Donna Blake leads the Jamaica Programme of The Nature Conservancy, a global conservationNGO. With a Master’s in Governance and Public Policy from UWI, she transitioned from theEnvironment Ministry to the non-profit sector. Her key achievements include contributing to theJamaica Protected Areas System Master Plan and managing the Pedro Bank Fish Sanctuary. Shehas been the Company Secretary of the NCTFJ since July 2022.Diane Brown-Allen is a financial practitioner with over 20 years of experience across industrieslike banking, tourism, and collections. She is ACCA-certified and has completed her MBAcoursework. Currently overseeing revenue and treasury management at the TourismEnhancement Fund, she developed policies for managing a $6 billion JMD collection portfolio.Diane also founded the TEF Summer Internship Programme. She serves on the board of AnnieDawson Girl’s Home and has been Treasurer of the NCTFJ since 2016.Claire Bernard is the Deputy Director General for Sustainable Development and Social Planning atthe Planning Institute of Jamaica (PIOJ). With expertise in policy and development, she focuses onintegrating sustainable development into policy and decision-making. She holds an MBA in PublicManagement from UWI and has represented Jamaica on several boards. Claire served as NCTFJ'sCompany Secretary from 2014 to 2022.DirectorTreasurerCompany SecretaryDonna BlakeClaire BernardDiane Brown-Allen72023 ANNUAL REPORT

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Nickeshia Lindsay comes to the NCTFJ as a built environment professional and a trained Urbanand Regional Planner. She has over eight years of project management and coordinationexperience in Disaster Risk Management, Climate Change, Youth Development, Social andCommunity Development. She enjoys outside adventures, volunteering, singing, and going tothe beach. Her professional affiliations include the Private Sector Organisation of Jamaica(Member) and the Jamaica Institute of Planners (Member).Joni Jackson is an environmental management and sustainability professional. She is currentlyemployed by the Ministry of Economic Growth and Job Creation as Director of NaturalResources in the Environment and Risk Management Branch. A supporter of the arts, she is co-founder of the Drawing Room Project.Christine O’Sullivan is a Senior Lecturer in Environmental Studies at the University of Technology,Jamaica (Utech). With experience in government and NGOs across the Caribbean, she is active insea turtle and marine mammal conservation efforts. Christine holds Master’s degrees in NaturalResource Management and Marine Mammal Science from UWI Cave Hill and the University of St.Andrews.Joni JacksonNickeshia Lindsay Christine O’Sullivan82023 ANNUAL REPORT

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Ingrid Parchment has been Executive Director of C-CAM since 2008, leading efforts to improvelivelihoods in the Portland Bight Protected Area while conserving its resources. She also chairsthe Jamaica Fish Sanctuary Network and serves on national conservation councils.Jamin Wedderburn is currently employed to the Ministry of Finance and the Public Service asActing Manager, External Markets with the Economic Management Division.Suzanne leads sustainable investments at the Asian Infrastructure Investment Bank, with $750M inESG projects across Asia and Africa. She co-founded The Leap Company and has worked with IDB,USAID, and Caribbean governments. She holds degrees in Chemical Engineering, Economics, andan MBA from Wharton, and promotes the link between profitability and environmental success as aDirector of NCTFJ.Rose Lemonius-Stewart, with 25+ years in Jamaica's Central Government, is currently SeniorDirector at the Ministry of Finance, managing international project negotiations. She holds degreesin Public Administration, Finance, and Project Management and has served on boards like NCTFJand the University Hospital of the West Indies. Rose held the post of Director of the NCTFJ fromNovember 2017 to July 2023.9Suzanne ShawIngrid ParchmentJamin WedderburnRose Lemonius-StewartOutgoing Director2023 ANNUAL REPORT

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The Grant Selection Committee (GSC), appointed by the NCTFJ Board, reviews andevaluates grant proposals. It provides recommendations for funding to the Board forapproval. Committee members include: Ms. Joni Jackson, Environmental ScientistMr. Matthew Wallace, Entrepreneur (hospitality industry)Dr. Dayne Buddo, Marine EcologistMs. Michelle McNaught, Environmental ConsultantMr. Dorrick Gray, Consultant ArchaeologistMs. Andrea Donaldson, Environmental ProfessionalMs. Rhian Holder, Project ManagerMs. Faradaine Forbes, IAF Technical AssistantThe Protected Areas Committee (PAC) advises NCTFJ on program direction and Calls forProposals for protected areas. Members include:National Environment and Planning Agency; Forestry Department;Ministry of Industry, Commerce, Agriculture and Fisheries;The Nature Conservancy;Jamaica National Heritage Trust;Ministry of Economic Growth and Job Creation, andCITES Scientific Authority.The Sustainable Finance Mechanism Committee (SFMC), appointed by the NCTFJ Board,advises on sustainable finance and helps identify opportunities to ensure long-term funding forNCTFJ's mandate. Committee members include: Ms. Donna Blake, Policy AnalystMrs. Diane Brown-Allen, Chartered AccountantDr. Suzanne Shaw, Chair of NCTFJ Board of DirectorsMs. Heidi Clarke, Executive DirectorMr. Terron Francis, Fiscal EconomistSince being established, the Trust Fund has benefitted from the appointment of severalindividuals across a wide range of expertise, who provide guidance to operational activities.The established committees are discussed below.Grant Selection CommitteeThe Project Steering Committee (PSC), appointed by the NCTFJ Board, ensures thesuccessful delivery of NCTFJ-funded project outcomes. Committee members include: Christine O’Sullivan, Marine Mammal SpecialistBryan Smith, Agriculture SpecialistJerome Smith, Forest EcologistTamoy Singh-Clarke, Environmentalist Project Management Professional Project Steering CommitteeTechnical Advisory CommitteeSustainable Finance Mechanism CommitteeCOMMITTEES OF THE NCTFJ112023 ANNUAL REPORT

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I-SEEED YouthsLimitedCentral JamaicaSocial DevelopmentInitiativeWindsor CastleSocial Services HomeEconomicsBenevolent SocietyRio Grande MaroonHeritage PreservationSocietyGrowing Sustainably:Hydroponics nearTremolesworthRGMHP SustainableFarming DemonstrationTraining Facility ProjectCreating SustainableAgriculture through effectiveEnvironmental Best Practicesat the Greater PortmoreGame ReservePromoting the Conservationof Forest Lands throughrehabilitating sections of theCockpit Country and theEpping Forest areas, whilstpromoting sustainable Yamfarming through thegrowing of Damsel Trees forYam Sticks$2,000,000$1,991,400$1,935,000$1,925,500NCTFJ launched its Small Grants Call For Proposals on May 1, 2023 to fundenvironmentally-based community development projects. The thematic areas for fundinginclude: conservation and/or restoration of wetlands, sustainable farming and institutionalstrengthening. On October 5, 2023 the NCTFJ signed grant agreements with three of four community-based organizations who were successful in being awarded funding under NCTFJ’s fourthCall for Proposals. The successful entities presented projects related to the theme ofsustainable farming. The fourth grant agreement will be signed early 2024. The approvedgrants, and summaries are given below:$2,816,000$2,414,400$3,920,000$3,039,000NCTFJ Small GrantsENTITYPROJECT TITLEGRANTAWARDEDPROJECTVALUETOTAL $5,918,835 $12,189,400Each project will take place over a period of 12 months and will be monitored by the NCTFJProgramme Officer to facilitate effective implementation of the project objectives.132023 ANNUAL REPORT

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Grantee:The University of the West Indies- Centre for Marine Sciences- DiscoveryBay Marine LaboratoryProject Title:Water Quality Assessment of Special FisheryConservation Areas (SFCAs) on the North Coastof JamaicaPROJECT UPDATES A water quality baseline was establishedfor Special Fishery Conservation Areasalong Jamaica’s North Coast. This iscritical data needed for recreationalpurposes, restoration activities andother use of the coastal environmentbut was non- existent prior to thisproject. Seven areas, with a total of 47sample points were analyzed for 8pollution parameters. Additionally, 100persons were surveyed on their views ofthe sources of water pollution, and 14persons were trained in water samplingtechniques.162023 ANNUAL REPORT

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17Special FisheryConservationAreaSample Points Orange BayHalf Moon, Orange Bay Coral Nursery, Fisherman's Beach,Orange Bay sign, North Negril River, Country Club, Pelican KeyPROJECT UPDATES CONT'DNorth Coast Water Quality Workshop The Discovery Bay Marine Laboratory hosted its Water Quality Workshop on August 31st.Our Programme Officer represented the Trust Fund in the capacity of the project’sfunder. During the session, findings from the 2-year long project were presentedregarding the levels of selected pollutants found at 7 Special Fisheries ConservationAreas along the north coast. Comparisons of the pollutants found in Jamaica were madewith Barbados, and discussions about controlling the sources of pollution also formedpart of the day’s activities.The sample points are given in the table below:Bogue IslandsEntrance of Lagoon, Bird Island, Center of Lagoon, House Boat,Call Centre, Mermaid AlleyMontego Bay SFCAMontego Point, Sandals Carlisle, Doctor's Cave, Shim Site,Aqua SolWhite RiverHermosa, Pineapple, Sandals, Jamaica Inn, White River Mouth,Couples, ProspectOracabessa BayGibraltor, Pond, Jack's River, Gully, Harbour, Oracabessa CoralNursery, Golden Eye, CloudsSandals BoscobelTokie, Moxon Reef, Marley Place, Evette's, Neptune, BosocbelCoral Nursery, Airport PointEast PortlandAnchovy, Turtle Crawle, Cold Harbour, Drapers, Pellow Island,San San, Blue LagoonTotal7657877TOTAL47The types of pollutants analysed included:nitrate phosphatefecal coliformbiological oxygen demandPollutants can impact whether or not water is safe for swimming and drinking, can supportfish and other seafood, impact corals and cause the overgrowth of algae. Hence, thesefindings are significant for the public. It is recommended that a similar project is replicatedalong Jamaica’s south coast.pHtemperature conductivity and salinity2023 ANNUAL REPORT

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Grantee:Negril Area Environmental Protection TrustProject Title:Improving Livelihood Protection and Resilience of the Orange Bay SFCAthrough Demarcation and FAD Fishing ExpansionPROJECT UPDATES CONT'DConservation Area is clearly demarcated by 30 bouys which have beenanchored. There is also the encouragement of fish populations by thedeployment of three fish anchoring devices (FADs), as well as training of 40local fishermen in sustainable fishing practices.Buoys constructed for deployment within the Orange Bay SpecialFisheries Conservation Area.182023 ANNUAL REPORT

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GranteeOracabessa Marine TrustProject Title:Oracabessa Bay Marine Protected Area Coral Reef Restoration Marine Educationand Livelihood ProjectCoral reefs within the area have been better monitored by upgrading a patrolboat with a 4-stroke engine, training coral gardeners, propagating corals usingcoral trees, and restoring the reef by planting healthy explants. 5 coral treeswere created and seeded, 1 boat was retrofitted with a new engine, 3,000coral pieces were planted, and 2 coral gardeners were trained and employed.19PROJECT UPDATES CONT'D2023 ANNUAL REPORT

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Grantee:ALLOA Fisherman’s Co-operative Society LtdProject Title:The Development of Sustainable Tourism Within the Discovery Bay MarineProtected Area by Promotion of the History and Ecology of the BayThrough Guided Tours This project surrounds developing sustainable tourism within the DiscoveryBay Marine Protected Area by training fisherfolk in ecology, SCUBA diving,and the history of the bay. To date, 10 fisherfolk have been trained, and 6SCUBA diving gear purchased to complement existing gear and they havestarted the promotion of their tour services.Participants listen to a presentation on the importance of mangrovesin the Discovery Bay Area.20PROJECT UPDATES CONT'D2023 ANNUAL REPORT

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GranteeCaribbean Coastal Area Management Foundation Project Title:Supporting Protected Area Management through Sustainable Nature-BasedActivities in Eco-tourism in the Portland Bight Protected AreaThis group offers eco-tours within the Portland Bight Protected Area, toeducate the public about the value of mangroves, their associated animalspecies and their ecological importance. To facilitate this, the NCTFJ fundedthe production of 34 educational signs, 6 safety signs, purchased 2 fireextinguishers, and the completion of a kitchenette for use by the tourparticipants. Tours continue as scheduled, and the users of the facility haveaccess to a safe, functional space.PROJECT UPDATES CONT'D212023 ANNUAL REPORT

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Grantee:White River Marine AssociationProject Title:Propagation of two Acroporid corals within the White RiverFish Sanctuary to restore its abundance on coral reefsThe group sought to increase coral coverage within the White River FishSanctuary by propagating two Acroporid species of coral. A total of 1,600coral pieces have been planted, and a draft coral gardening manual hasbeen produced for long-term use for training.PROJECT UPDATES CONT'D 222023 ANNUAL REPORT

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Marine Managed Areas Action PlanOn July 12, 2023, the Marine Managed Areas benefitted from a virtual storytellingworkshop facilitated by the NCTFJ Communications and Marketing Coordinator. Theworkshop looked at formats and strategies for engaging stakeholders and the public whilehighlighting the impacts of environmental services. A total of 15 persons representing 12organizations were in attendance.The MMA managers were trained in the concept of digital storytelling for Marine Protectedstories, Multimedia elements of digital storytelling, given an introduction to datastorytelling and infographics, and populating your own digital storytelling template. Thisworkshop was integral in strengthening the storytelling skillset of MMA managers.The represented organizations are represented in the table below:STRATEGIC INVESTMENTAgencies Represented at the MMA Storytelling WorkshopGolden Eye FoundationDiscovery Bay Marine LaboratoryCaribbean Coastal Area Management FoundationAlloa Fishermans’ CooperativeOracabessa Marine TrustWhite River Marine AssociationNegril Area Environmental Protection TrustIndependent ConsultantBluefields Bay Fish SanctuaryMontego Bay Marine ParkAlligator Head FoundationNational Conservation Trust Fund of JamaicaIn the upcoming year, a series of events will be held to highlight the marine managed areas. 232023 ANNUAL REPORT

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In January 2023 the NCTFJ Programme Officer and Administrator participated in a 4-daytraining on Urban Ecosystem-Based Adaptation. The training was courtesy of the UnitedNations Environment Programme (UNEP) CityAdapt project, implemented by The NatureConservancy. The UNEP CityAdapt project is implementing initiatives designed to createan enabling environment for mainstreaming Ecosystem-Based Adaptation (EbA) intomedium- and long-term urban development planning. This is being done throughstrengthening the technical capacity of government stakeholders in urban developmentand natural resource management ministries and agencies to integrate EbA into planning,policies and regulations.Our Programme Officer participated in the CBFCoral and Mangrove Restoration and CaribbeanRegional Architecture for Biodiversity (CRAB)Project Kick Off workshops, held in the DominicanRepublic. The CRAB Project is designed to providesustainable and sufficient financial resources for theconservation of mangrove and coral reefecosystems within the Caribbean Region. Thefunding for the CRAB Project totals 7 Million Euros,with allovations from the French GlobalEnvironmental Facility (FFEM) and AgenceFrancaise de Developpement (AFD) of 4 MillionEuro, German Development Bank (KFW) of500,000 Euro and CBF of 2.5 million Euros. Theworkshops were held from February 15-20. Topicscovered included Mangrove restoration, CoralSexual Propagation, and Blue BioTrade Sustainablevalue chains. Participants also visited a coral reefrestoration site and engaged in networkingsessions between grantees. INSTITUTIONAL AND TECHNICALCAPACITY STRENGTHENINGUrban Ecosystem-Based AdaptationTraining ProgrammeCaribbean Biodiversity Fund(CBF) Coral and MangroveRestoration Workshop &CRAB Project Kick OffConservation Trust Fund representatives take a grouppicture while touring the Grupo Punta Cana facilitiesin the Dominican Republic242023 ANNUAL REPORT

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The Inter-American Foundation (IAF) conducted a three-day workshop in Jamaica on June 7-9for all IAF Grantees based in Jamaica. The Programme Officer and Administrator participatedin the event. The workshop aimed to: Promote and strengthen alliances between Grantees of the IAF.Strengthen the relationship between the IAF and the Grantees.Increase knowledge of best practices for project management among Grantees.Our Manager was invited by the Caribbean Biodiversity Fund (CBF) to participate in an event oncommunity-based actions for marine conservation with the Global Environment Facility SmallGrants Programme (GEF SGP) from June 26 – 29 in Barbados. The event included a knowledgefair, panel discussions on Financing of Blue Economy, Marine Conservation and an InvestmentManagement Capacity Building session. The objective of the Knowledge Fair was to showcasethe work of GEF SGP and CBF, including the potential for scaling up and reaching nationalobjectives and priorities. The objective of the investment management training was to increaseunderstanding of applicable practice standards by covering the Asset Management componentof the Practice Standards, as well as elements of the Governance and Administrative Standards. IAF Grantee ExchangeCBF-GEF Small Grants ProgrammeKnowledge Fair and Training Representatives from IAF and IAF grantees at the Grantee Exchange252023 ANNUAL REPORT

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David Myers of Conservation Finance Alliance led a Sustainable Finance Mechanismtraining session for the Board of Directors in November 2023. The session was used toexplore different sustainable finance mechanisms and review the NCTFJ’s resourcemobilization strategies, including identified and prioritized Sustainable Finance Mechanisms(SFM)This training was in fulfillment strategic objectives ‘strategic partnering and sustainablefunding’ and ‘increasing the Operational Excellence of the NCTFJ’, in particular thedevelopment of the capacity of our Board Members. Sustainable Finance Mechanism Trainingwith Conservation Finance AllianceDavid Meyers and NCTFJ Directors and Staff262023 ANNUAL REPORT

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NCTFJ Secretariat attended the Shift the Power Global Summit in Bogota in December 2023. Itwas a knowledge exchange on Community Philanthropy, with over 400 participants globally.Discussions were around enabling factors for Community Philanthropy, including buildingcollective power, moving beyond logos, egos and silos and reforming systems and structures ofinternational philanthropy. The Secretariat also met with other IAF grantees that are based inLatin America to share experiences implementing projects.Shift the Power Global SummitNCTFJ staff at the Shift the Power Conference in Bogota, Columbia272023 ANNUAL REPORT

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This training was in fulfillment strategic objectives ‘strategic partnering and sustainablefunding’ and ‘increasing the Operational Excellence of the NCTFJ’, in particular thedevelopment of the capacity of our Board Members. NCTFJ conducted a philanthropy exchange with representatives from Sandals Foundation.The exchange was hosted by Sandals Foundation at the AC Mariott Hotel in Kingston inJuly 2023. The NCTFJ was represented by our Board Chair, along with three of ourDirectors and two members of our Secretariat. Five members from the Sandals Foundationteam, including its Executive Director, participated. The purpose of the exchange was to:Get local context on the factors that enable Sandals Foundation to be successful,Share challenges and lessons learned in philanthropy, and Develop an appreciation of the real cost of fundraising.Several recommendations were made during the discussions, including the need for theNCTFJ to bring increased visibility to its work. NCTFJ will utilize lessons learnt and theknowledge gained to hone initiatives for sustainable funding for protected areas.Philanthropy Exchange with SandalsFoundationParticipants of the Exchange, representing both the NCTFJ and the Sandals Foundation Teams282023 ANNUAL REPORT

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The NCTFJ participated in Media Training for the Jamaica CSO for the Coalition of Forests onSeptember 22, 2023. The training was supplemented with interactive role plays and discussionson the following topics:Introduction to AdvocacyAdvocacy ActionsCollaboration and NetworkingTechniques in InterviewingThe session proved useful to those in attendance, and the role-playing activities provided first-hand experience in how to avoid traps, how to bridge and how to headline.Jamaica CSO for the Coalitionfor Forests, Media Training292023 ANNUAL REPORT

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PAGBO Limited9 Devon Road,Kingston 10Boldeck Jamaica Limited3A Haughton Avenue,Kingston 10The NCTFJ prides itself on financial prudence. As such, we engage the services ofprofessionals, and maintain transparency in our expenditures and income streams.JMMB Bank (Jamaica) LimitedGrenada Way Branch6-8 Grenada WayKingston 5NCTFJ is linked to and receives funding support from the Caribbean Biodiversity Fund (CBF), aUS$97M endowment facility, with subaccounts for eleven countries in the Caribbean, includingJamaica. The NCTFJ signed a Partnership Agreement with the CBF on World EnvironmentDay, June 5th, 2019. This relationship has provided funds that are used to assist the NationalProtected Areas System (NPAS), including the Government of Jamaica, that manage protectedareas. On August 13, 2021, the NCTFJ signed a three-year Grant Agreement with the Inter-American Foundation (IAF). Under this Agreement the NCTFJ will receive a total ofUS$340,445 to provide funding to eligible community groups and NGOs. With theseresources, hawse have funded environmentally based, community development projects thatstrengthen community organizations and encourage private social investment in Jamaica.Additionally, the project will assist NCTFJ in strengthening its communications andfundraising capacity.NCTFJ received in-kind support valued at US$8,388 from It’s PixelPerfect (IPP) for the year 2023. IPP provides website maintenance,website security, website backup, technical support, services and website performance reports for conservejamaica.org,NCTFJ’s website. hostingDonorsService ProvidersFINANCIAL ARRANGEMENTSAccountantExternalAuditorCommercialBankers302023 ANNUAL REPORT

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Caribbean Biodiversity FundInter American FoundationProgram Income by donorCaribbean Biodiversity FundInter-American FoundationInterest incomeCaribbean Biodiversity Fund Inter-American FoundationAdministrative expenses by donorCaribbean Biodiversity FundInter-American FoundationGrants distributed to projects by donorCaribbean Biodiversity Fund Inter-American FoundationExpenses related to grant-making by donorCaribbean Biodiversity Fund Inter-American FoundationJ$ 33,552J$ 106,434J$ 7,138,954J$ 1,152,407J$ 6,299,800$ 737,060J$ 7,098,797$ 6,112,887J$ 20,397,565J$ 8,002,354J$ 32,223,819J$ 24,981,812 J$ 57,205,631Deferred Income - Grant funding (by donor) to be used for future projectsRevenueExpenditureJ$ 28,539,905 J$ 28,539,905AUDIT HIGHLIGHTS312023 ANNUAL REPORT

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