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Detail of GEF Project #2345

GEF Project ID2345
IBRD PO ID506048
Funding SourceGEF Trust Fund
Project NameAsian Conservation Company (Tranche II)
CountryPhilippines
RegionAsia and the Pacific
Focal AreaBiodiversity
Operational Program2
Pipeline Entry Date2001-05-04
Approval Date2002-05-17
CEO Endorsement Date2005-07-07
Project Cancellation Date2007-05-02
Project StatusCancelled
Executing AgencyIFC
Executing AgencyIFC
DescriptionThis 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 StatusCancelled. 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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