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Detail of GEF Project #2345
| GEF Project ID | 2345 |
| IBRD PO ID | 506048 |
| Funding Source | GEF Trust Fund |
| Project Name | Asian Conservation Company (Tranche II) |
| Country | Philippines |
| Region | Asia and the Pacific |
| Focal Area | Biodiversity |
| Operational Program | 2 |
| Pipeline Entry Date | 2001-05-04 |
| Approval Date | 2002-05-17 |
| CEO Endorsement Date | 2005-07-07 |
| Project Cancellation Date | 2007-05-02 |
| Project Status | Cancelled |
| Executing Agency | IFC |
| Executing Agency | IFC |
| Description | This project is designed to overcome the most significant obstacles to long-term conservation in five globally significant, threatened areas in the Philippines by establishing a model in which private companies go beyond simple environmental mitigation to directly support biodiversity conservation. |
| Implementation Status | Cancelled. IFC has carefully evaluated the project circumstances and has concluded that the original global enviroinmental objectives cannot be achieved in the absence of demonstrable private sector interest. |
| GEF Project Grant | 2,900,000 USD |
| GEF Grant | 2,900,000 USD |
| Cofinancing Total | 2,200,000 USD |
| Project Cost | 5,100,000 USD |
| GEF Agency Fees | 261,000 USD |
| GEF Project (CEO Endo.) | 2,900,000 USD |
| Cofinancing Total (CEO Endo.) | 2,200,000 USD |
| Project Cost (CEO Endo.) | 5,100,000 USD |
| Project Documents |
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