G.O.B. Spends $15M on Blue Bond Marine Conservation

Beverly Wade

While a sizeable amount will be invested in protecting the marine environment over the coming years, a significant amount has already been spent since the project kicked off two years ago. Blue Bond Director, Beverly Wade and C.E.O. in the Office of the Prime Minister, Narda Garcia explained how much, and how the monies are allocated.

Beverly Wade, Director, Blue Bond

“The Government of Belize has effectively made conservation payments so far of approximately $15 million Belize. We have allocated $14.6 through the Belize Fund for a Sustainable Future to both government and non-governmental organizations who are working on the ground to deliver on our conservation commitments. And overall, it is expected that we would have invested approximately $360 million Belize over the 20 year lifetime in conservation and responsible blue economy in Belize.”

Narda Garcia

Narda Garcia, C.E.O., Office of the Prime Minister

“The monies that we invested, are done through government, but it’s also done through the Belize Fund for sustainable future. So they take care of the non-government or the private sector and the government strategic allocation is taken is done through the Blue Bonds unit.”