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Detail of GEF Project #1485
| GEF Project ID | 1485 |
| IBRD PO ID | 506393 |
| Funding Source | GEF Trust Fund |
| Project Name | Poison Dart Frog Ranching to Protect Rainforest and Alleviate Poverty |
| Country | Peru |
| Region | Latin America and Caribbean |
| Focal Area | Biodiversity |
| Operational Program | 3 |
| PDF-A Approval Date | 2001-11-02 |
| Approval Date | 2003-04-11 |
| GEF Agency Approval Date | 2004-01-30 |
| Project Cancellation Date | 2007-05-23 |
| Project Status | Cancelled |
| Executing Agency | INBICO and Curmi, Peru. |
| Description | The objective of the project is to promote sustainable cultivation of poison dart frogs for export, so local people can earn a better living from conserving the forest than by cutting it down. The project’s main outcomes are in three complementary areas: forest preservation, poverty alleviation, and frog conservation. The project also supports a few related beneficial outcomes. |
| Implementation Status | CEO Approval was received on April 11, 2003 and Management Approval was provided on Jan. 30, 2004. However, IFC held off on signing the Grant Agreement until it became clear that the local sponsor would be able to obtain the forect concession from the Peruvian Government. After many disruptions within the Peruvian Government, this finally appears to be the case. IFC will soon make the first disbursement. |
| PDF A Amount | 25,000 USD |
| GEF Project Grant | 788,540 USD |
| GEF Grant | 813,540 USD |
| Cofinancing Total | 1,032,380 USD |
| Project Cost | 1,845,920 USD |
| GEF Agency Fees | 146,000 USD |
| Project Documents |
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