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Detail of GEF Project #203

GEF Project ID203
UNDP PMIS ID584
Funding SourceGEF Trust Fund
Project NameCentral American Fund for Environment and Development: Account for the Global Environment (FOCADES)
CountryRegional
RegionLatin America and Caribbean
Focal AreaBiodiversity
Operational ProgramSTRM
Approval Date1996-10-01
Project Cancellation Date2005-10-06
Project StatusCancelled
GEF AgencyUNDP
Executing AgencyCentral American Fund for Environment and Development
DescriptionThe main objective of the Global Account in to ensure the long-term financing of critical regional environment activities of global relevance in the Central American Isthmus.
Implementation StatusThe FOCADES project had originally covered both the climate change and biodiversity focal areas. As a result of lessons learned and best practices about Funds and lending practices aimed to stimulate global environmental benefits from private sector development, this project has now been transformed into two distinct proposals. The climate change proposal “CABEI” (Accelerating Investments in Renewable Energy in Central America– PIMS 2042 - GEF $7,150,000 incl. PDF B) was approved by GEF Council in November 2004. The biodiversity proposal “CAMBio” (Central American Markets for Biodiversity: Mainstreaming biodiversity conservation and sustainable use within micro-, small, and medium-sized enterprise development and financing – PIMS 3368 – GEF $10,255,000) was approved by GEF Council in April 2005.
GEF Project Grant
15,000,000 USD
GEF Grant
15,000,000 USD
Cofinancing Total
13,000,000 USD
Project Cost
28,000,000 USD
Project Documents

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