Development of Value Chains for Products derived from Genetic Resources in Compliance with the Nagoya Protocol on Access and Benefit Sharing and the National Biodiversity Economy Strategy

Project Summary

: to strengthen value chains for products derived from genetic resources that contribute to the equitable sharing of benefits and the conservation of biodiversity, with a focus on bioprospecting of indigenous plant species

Project Details

GEF Project ID
9255
Project Type
Full-size Project
Status
Project Approved
Country
South Africa
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Department of Environmental AffairsUniversity of PretoriaCouncil for Scientific and Industrial Research
GEF Period:
GEF - 6
Approval Fiscal Year:
2016

Financials

Project Preparation Grant Amount
182,648 USD
GEF Project Grant
6,210,046 USD
Co-financing Total
35,870,564 USD
GEF Agency Fees
589,954 USD
Total Cost 42,263,258.00 USD

Project Timeline

Received by GEF
04 Aug 2015
Preparation Grant Approved
14 Mar 2016
Concept Approved
01 Apr 2016
Project Approved for Implementation
18 Oct 2018
Project closed