BELMOPAN, Belize, CMC – The Development Finance Corporation (DFC) and the Belize Fund for a Sustainable Future (Belize Fund) have signed a Memorandum of Understanding (MoU) aimed at expanding access to financing for climate adaptation and blue economy development in Belize.
“This agreement strengthens the reach and impact of the Belize Fund. Working alongside DFC allows us to amplify national efforts to secure a more resilient future for both our people and our marine and coastal ecosystems,” said the executive director of the Belize Fund, Dr. Leandra ChoRicketts.
DFC’s chief executive officer, Henry N. Anderson, said his organization is proud to work with the Belize Fund in bridging financing gaps for sustainable development.
“This partnership aligns directly with our mission to foster equitable growth and support the nation’s climate and economic resilience,” he added.
The parties say the agreement marks a significant milestone in national efforts to strengthen environmental and economic resilience through strategic partnerships and shared expertise.
They said that as the country faces growing climate challenges and increasing pressure on its marine and natural resources, the partnership brings together Belize’s only development bank and a private conservation trust fund, pioneering new blue economy models to create innovative financial solutions that drive resilience, sustainability, and inclusive growth. Through the MoU, the Belize Fund and DFC say they are committed to closer collaboration in areas such as knowledge sharing, joint financing initiatives, and stakeholder engagement.
The five-year MoU will see both organizations collaborate to co-develop climate adaptation and blue economy financing mechanisms, increase public awareness on conservation and sustainable livelihoods, as well as promote stakeholder engagement and capacity-building for improved access to funding, and · share technical expertise and resources.
The two groups said that the partnership reflects a unified approach to supporting Belize’s development goals while addressing the growing challenges of biodiversity loss, climate change, and pollution.
Both institutions say they will work within their respective mandates to co-develop solutions that promote sustainability, economic opportunity, and environmental stewardship for the benefit of current and future generations.
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