PACT Welcomes Conservation Investments by the Belize Fund for Sustainable Future

Nayari Perez

We also asked Perez about PACT’s future plans for investment in marine conservation in light of the establishment of the Belize Fund for a Sustainable Future (B.F.S.F.). As we have reported, B.F.S.F. was established as a result of the Blue Bond agreement. Its role as a sinking fund is to disburse funding to projects and partners working in Belize to achieve conservation outcomes that are aligned with Belize’s national marine and coastal conservation priorities. It is an area that PACT has made extensive investments in, so we asked if the organization will continue its efforts in this area. Here is what Perez told us.

Nayari Perez, Executive Director, PACT

“PACT will continue to support marine conservation activities. With the establishment of the new fund under the Blue Bond agreement, we are hoping that we are going to be able to maximize and pool the resources that both sources have to be able to support what the objectives and targets of the Blue Bond agreement are as well as continue to support the priorities of PACT. PACT’s focus is not just marine conservation. WE are set up to finance the entire national protected areas system. We have in the past been working with partners like the Fisheries Department and the marine protected areas managers in marine conservation areas and projects so we will continue to do that. The efforts now is to see how we can streamline the efforts that we have so that we are not duplicating but complimenting what the new fund is doing when it comes to marine conservation.”