• News
  • admin
  • 13 Dec 2021

2 December 2021 – “CTI: We need to develop and implement a sustainable CTI-CFF financial mechanism to provide long-term financing for marine biodiversity conservation, as well as fund RPOA 2.0 and the Coral Triangle MPA System. The CTI Trust Fund could help mobilize substantial funding from international donors and the private sector to achieve the goals, objectives, and targets of CTI-CFF and RPOA 2.0.”

This message was conveyed by Mr. T.B.H. Witjaksono Adji, Chair of the CTI-CFF Financial Resources Working Group (FRWG) and Director for Asia-Pacific and Africa Intra-Regional and Inter-Regional Cooperation at the Indonesia Ministry of Foreign Affairs. It was read by his representative, Mr. Raden Wisnu Sindhutrisno, during the virtual CTI-CFF Trust Fund Workshop on 1–2 December 2021.

Mr. Adji shared that, at the concluded UN COP26 Summit in Glasgow, the ocean was incorporated into the UN climate change regime. This highlights the critical links between the ocean, climate, and biodiversity, and the need for cooperative regional and international action. “We need to protect and save our marine protected areas and support them with appropriate financial contributions,” Mr. Adji emphasized.

He commended the efforts of the CTI-CFF Regional Secretariat, the Technical Committee of the CTI-CFF Trust Fund, and the expert groups from the Wildlife Conservation Society (WCS) and the Conservation Finance Alliance (CFA) for initiating and advancing the establishment of the CTI-CFF Trust Fund.

The virtual workshop highlighted presentations on the CTI Trust Fund concept, including its value proposition, mission, strategy, and planning for design and launch. Participants were also provided insights into the Caribbean Challenge Initiative and KEHATI Trust Fund of Indonesia.

During the breakout group sessions, participants discussed branding concepts, resource mobilization, and stakeholder and beneficiary mapping.

The virtual workshop was hosted by the CTI-CFF Regional Secretariat in collaboration with the Technical Committee for establishing a Regional Conservation Trust Fund, supported by WCS and CFA, with financial assistance from the European Union (EU) and the German Development Bank (KfW).