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Detail of GEF Project #3981

GEF Project ID3981
Funding SourceGEF Trust Fund
Project NameIntegrated Mangement in Lakes Apanas and Asturias Watershed
CountryNicaragua
RegionLatin America and Caribbean
Focal AreaMulti Focal Area
Strategic ProgramBD-3; BD-5; CC-6
PIF Approval Date2010-02-02
PPG Approval Date2010-03-01
Approval Date2010-03-17
CEO Endorsement Date2011-07-19
GEF Agency Approval Date2011-11-04
Project StatusUnder Implementation
GEF AgencyIADB
Executing AgencyENEL, MARENA, MAGFOR, INAFOR
DescriptionThe 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.)
4,040,909 USD
Cofinancing Total (CEO Endo.)
6,269,857 USD
Project Cost (CEO Endo.)
10,400,766 USD
GEF Agency Fees (CEO Endo.)
404,091 USD
Project Documents

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