To establish a Regional Facility to support biodiversity conservation and restoration in at least 3 LAC countries by: (i) enabling long-term financing for conservation, restoration, and sustainable management without increasing the debt ceiling; (ii) introducing very powerful incentives to timely achieve conservation commitments; and (iii) strengthening national institutional frameworks to support natural resources management.

Project Details

GEF Project ID
11324
Country
Regional
Implementing Agencies
Inter-American Development Bank
Status
Concept Approved
Region
Regional
Executing Agencies
IADB (Administrator of funds while it is a guarantee)Conservation Trust Funds
GEF Period
GEF - 8
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
641,280,000
GEF Project Grant
40,180,000
GEF Agency Fees
3,616,200

Timeline

Received by GEF
Concept Approved