DOCUMENTS The World Bank i etWV: (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS Go , 2014 Mr. Philip Kramer Director, Caribbean Program The Nature Conservancy 127 Industrial Road, Unit D Big Pine Key, FL 33043 Re: Global Environment Facility Grant Agreement to The Nature Conservancy for Sustainable Financing and Management of Eastern Caribbean Marine Ecosystems Project Amendment to the Grant Agreement - Grant No.TF0 10220 Dear Mr. Kramer: We refer to the Grant Agreement between the International Bank for Reconstruction and Development ("the World Bank") acting as an implementing agency of the Global Environment Facility ("GEF") and as trustee of the GEF Trust Fund (the GEF Trust Fund) and The Nature Conservancy ("Recipient"), dated September 6, 2011 (the "Agreement"), and your letter dated January 29, 2014, request the World Bank to amend the Agreement. We are happy to inform you that the Bank agrees to your request and proposes to amend the Agreement as follows: 1. Section B.1 under Schedule I of the Agreement (Project Description) is deleted in its entirety. 2. Paragraph 8 (Co-Financing) under the Appendix (Definitions) is amended to read as follows: "Co-financing means: (a) an amount of US$ 1,500,000 equivalent to be extended to the CBF by the Recipient; and (b) an amount of US$12,795,870 equivalent to be extended by KfW to the CBF, all for the purpose of assisting in the joint cofinancing of Part A. I (b) of the Project, in accordance with the Co-financing Agreement. All other provisions of the Agreement, except as amended herein, shall remain in full force and effect. The World Bank will disclose this Amendment and related information on this Grant in accordance with the World Bank Policy on Access to Information. By entering into this Amendment, the Recipient consents to disclosure of this Amendment and related information on this Grant. Please indicate your agreement with the foregoing amendment to the Agreement on behalf of the Recipient by countersigning, dating, and returning to us the enclosed copy of this Agreement. Upon receipt by the World Bank of the copy of this Agreement countersigned by you, this Agreement will become effective as of the date of the countersignature. Sincerely, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION Sophie Sirtaine Director Caribbean Country Management Unit Latin America and the Caribbean Region AGREED: THE NATURE CONSERVANCY By: Date: Name: 24 w' Title: /--1 . 4I1e,,OtZA-