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A product of this agreement was the creation of the PACT Foundation—officially established in November 2004. The PACT Foundation; along with the Belize Audubon Society, Programme for Belize, and the Toledo Institute for Development and Environment; are the beneficiaries of this first Debt for Nature Swap.Through this agreement, these four organizations receive monthly contributions from the Government of Belize. The role of the PACT Foundation as per the TFCA was to establish an endowment account with the funds received from the Debt for Nature Swap and issue Small Grants from the interest income earned. Recipients of these Small Grants would not include the NGOs partaking in this agreement. The PACT Foundation is a separate legal entity from the PACT Trust, but the Trust serves as the administrator of the Foundation’s Grants Program.


The Government of Belize signed the Debt for Nature Swap with the US Government and local NGOs on September 28, 2001. This agreement required the US Government, with funds from The Nature Conservancy, to retire $18 million in debt from the Government of Belize. In return, the Belizean Government would issue two bonds in the amount of $14.4 million which would be used in collaboration with local NGOs to protect valuable forests in the country. The local NGOs were committed to conserve and manage tropical forests and use the endowments for continued conservation efforts. This agreement became known as the Tropical Forest Conservation Agreement (TFCA).


This year, 3 new grants were awarded by the PACT Foundation, totalling $116,823.75.

Through this agreement, funding is provided to registered management organizations of terrestrial protected areas to carry out projects in the areas of general park management and protection, environmental education, equipment, training and research. Under the PACT Foundation Grants Program, prospective grantees submit proposals in response to “Calls for Proposals” which are advertised at least once a year for grants up to $39,000.00.



O n g o i n g PA C T F o u n d a t i o n G r a n t s

Critical Support to Mangrove Forest Protection at Swallow Caye Wildlife Sanctuary Assistance for general management needs to improve employee working conditions and to train rangers in research to contribute to mangrove forest protection in Swallow Caye Wildlife Sanctuary. So far, the one ranger has been hired and he is now working closely with two interns from ECOSUR in mangrove research and Sanctuary management. In addition, boat equipment, a portable toilet, sink, plumbing, telephone, and basic research equipment have been procured for the Ranger Station and the FOSC Main Office. Friends of Swallow Caye • $39,000.00 • Approved: Oct.7.2011 • Status: Ongoing Reducing Deforestation and Enhancing Biodiversity Protection in the Sarstoon Temash Region This project supports SATIIM’s co-management of the Sarstoon Temash National Park, including five community rangers who conduct joint monthly foot and river patrols with the Belize Defence Force in and around the Park and along the Sarstoon River to monitor biodiversity and illegal activities (including illegal logging). Joint environmental education programs will be conducted in local schools with teachers and rangers. A birder training course will allow for the promotion of sustainable livelihoods and conservation. Sarstoon Temash Institute for Indigenous Management • $38,823.75 • Approved: Oct.11.2011 • Status: Ongoing Strengthening the Protection and Monitoring of Biodiversity within the Maya Golden Landscape This project will strengthen the enforcement of protected areas laws within the Maya Golden Landscape, in the Toledo District, by maintaining frequent ranger patrols in high risk areas. During patrols conducted in partnership with the Belize Defense Force (BDF), rangers encountered armed Xateros and high levels of illegal activity in the Western region of Bladen Nature Reserve. Ya’axche Conservation Trust • $39,000.00 • Approved: Nov.11.2011 • Status: Ongoing


Annual Report 2011 - 2012  

PACT's Annual Report 2011 - 2012