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Prespa Ohrid Nature Trust (PONT). Also a regional CTF, was established in late 2015 with an initial focus to conserve the unique biodiversity of the Wider Prespa Area on the borders of Albania, Greece and the Former Yugoslav Republic of Macedonia. PONT was established in 2015, with an initial capital of over €20 million. It will begin its program operations with the arrival of its permanent executive director in early …

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Caucasus Nature Fund (CNF). CNF is a regional conservation trust fund created to protect the unique biodiversity of Armenia, Azerbaijan, and Georgia. Starting with only €7 million in endowment capital, CNF now has a total capital, including endowment and sinking fund, of over €30 million. Established in 2007, CNF gave its first grant in 2010 and has built its grant program steadily over the last five years; CNF’s current annual …

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