(NGI) The Meloy Fund : A Fund for Sustainable Small-scale Fisheries in Southeast Asia

Project Summary

Project Objective: To improve the conservation of coral reef ecosystems by providing financial incentives to fishing communities in the Philippines and Indonesia to adopt sustainable fishing behaviors and rights-based management regimes through capital investments in commercially viable enterprises.

Project Details

GEF Project ID
9370
Project Type
Full-size Project
Status
Project Approved
Country
Regional
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
Conservation International
Executing Agencies
Rare
GEF Period:
GEF - 6
Approval Fiscal Year:
2016

Financials

Project Preparation Grant Amount
200,000 USD
GEF Project Grant
6,000,000 USD
Co-financing Total
35,199,864 USD
GEF Agency Fees
540,000 USD
Total Cost 41,399,864.00 USD

Project Timeline

Received by GEF
12 Jan 2016
Preparation Grant Approved
11 Mar 2016
Concept Approved
01 Apr 2016
Project Approved for Implementation
27 Sep 2017
Project closed