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Detail of GEF Project #1061
| GEF Project ID | 1061 |
| IBRD PO ID | 506050 |
| Funding Source | GEF Trust Fund |
| Project Name | Inka Terra: An Innovative Partnership for Self-Financing Biodiversity Conservation & Community Development |
| Country | Peru |
| Region | Latin America and Caribbean |
| Focal Area | Biodiversity |
| Operational Program | 3 |
| PDF-A Approval Date | 2001-05-31 |
| Approval Date | 2003-12-19 |
| GEF Agency Approval Date | 2004-04-05 |
| Project Completion Date | 2008-12-31 |
| Project Status | Project Completion |
| Executing Agency | IFC |
| Executing Agency | IFC |
| Description | Goal: To catalyse self-financing uses of the 10,000 hectare Inka Terra Ecological Reserve (IER) that achieve biodiversity conservation and sustainable development for local communities. This is expected to provide a replicable model for engaging the private sector in achieving financial sustainability for protected areas. This proposal will eliminate deforestation and poaching within the IER; reduce hunting to sustainable levels; provide conservation-compatible livelihoods for a significant portion of the four local communities; and increase awareness of and support for conservation among local and regional stakeholders. It will also generate long-term revenues to help ensure sustainability of the conservation and community development measures. |
| Implementation Status | CEO approval was received on Dec. 19, 2003. Management Approval was received in April 2004. The first disbursement for project implementation was made in June 2004. At this point the canopy walk is being constructed. |
| PDF A Amount | 25,000 USD |
| GEF Project Grant | 725,000 USD |
| GEF Grant | 750,000 USD |
| Cofinancing Total | 11,365,600 USD |
| Project Cost | 12,115,600 USD |
| GEF Agency Fees | 146,000 USD |
| Project Documents |
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