Cat Ba Biosphere Reserve Sustainable Development Fund

Established in 2010, the Cat Ba Archipelago World Biosphere Reserve Development Fund is a non-profit initiative, founded on the basis of voluntary donations and sponsorships from domestic and international organizations and individuals, aimed at supporting the conservation and sustainable development of the Cat Ba Biosphere Reserve.

This fund represents a pioneering initiative of the Cat Ba Biosphere Reserve, in response to the Madrid Declaration issued at the 3rd World Congress of Biosphere Reserves held in Madrid, Spain, in February 2008. The declaration encourages Biosphere Reserves to act as bridges for fostering long-term, effective cooperation between governments and businesses in the field of sustainable development, and in climate change adaptation and mitigation.

Specific activities of the Fund according to its charter include:

  • Support the implementation of conservation and sustainable development of the Cat Ba Archipelago Biosphere Reserve in accordance with legal regulations and the Fund’s Charter;

  • Provide investment loans;

  • Offer refundable capital support;

  • Receive and assign entrusted loans and financial support;

  • Receive, manage, and utilize sponsorships and aid from domestic and international organizations and individuals to serve the conservation and sustainable development of the Cat Ba Archipelago World Biosphere Reserve;

  • Carry out other activities as prescribed by law and the Fund’s Charter.

  • The Fund is currently undergoing review and restructuring to transition its operations into a social enterprise model, in accordance with Decree No. 96/2015/ND-CP dated October 19, 2015 (Article 7: Conversion of social protection establishments, social funds, and charitable funds into social enterprises).

ON THE STRUCTURE, FUNCTIONS, TASKS AND ACTIVITIES OF THE FUND IN THE PERIOD 2010-2016