It is a young regional fund founded in 2012, which aims to provide resources to support activities related to conservation and protection of biodiversity, not only in the systems of protected areas but in any area of environmental importance for each of the 8 countries that make up the fund. The CBF works by managing an endowment fund, which channels resources at the national level among the participating countries, which subsequently open calls for funding initiatives related to public and private protected areas, basins, seascapes, coastal marine fisheries and forest resources. For now, the main beneficiaries of the CBF are its member national Environmental Funds, which are at different levels of constitution; once they become operational, these Funds will receive resources that can be part of sub-grants for national or local programs.