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Detail of GEF Project #3981
| GEF Project ID | 3981 |
| Funding Source | GEF Trust Fund |
| Project Name | Integrated Mangement in Lakes Apanas and Asturias Watershed |
| Country | Nicaragua |
| Region | Latin America and Caribbean |
| Focal Area | Multi Focal Area |
| Strategic Program | BD-3; BD-5; CC-6 |
| PIF Approval Date | 2010-02-02 |
| PPG Approval Date | 2010-03-01 |
| Approval Date | 2010-03-17 |
| CEO Endorsement Date | 2011-07-19 |
| GEF Agency Approval Date | 2011-11-04 |
| Project Status | IA Approved |
| GEF Agency | IADB |
| Executing Agency | ENEL, MARENA, MAGFOR, INAFOR |
| Description | The purpose of this project is to foster biodiversity conservation and climate change mitigation in the Lakes Apanás and Asturias Watershed through: (i) the implementation of Sustainable Forest and Land Management (SFLM) activities that will increase forest carbon sequestration, reduce greenhouse gas (GHG) emissions, and protect fragile ecosystems; and (ii) the design and piloting of a scheme of Payment for Environmental Services (PES) directed to farmers and/or private owners of forested reserves to be financed by the compensation for water use to be made by the hydroelectric power within the watershed. |
| PPG Amount | 90,000 USD |
| GEF Project Grant | 4,040,900 USD |
| GEF Grant | 4,130,900 USD |
| Cofinancing Total | 4,900,000 USD |
| Project Cost | 9,030,900 USD |
| GEF Agency Fees | 404,090 USD |
| GEF Project (CEO Endo.) | 4,040,910 USD |
| Cofinancing Total (CEO Endo.) | 6,269,860 USD |
| Project Cost (CEO Endo.) | 10,400,800 USD |
| GEF Agency Fees (CEO Endo.) | 404,091 USD |
| Project Documents |
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