Forestry and Conservation Project

Project Summary

The project will promote conservation and sustainable use of biodiversity, and more equitable sharing of benefits accruing from forest resources in one of the world’s last remaining extensive tracts of tropical rainforest. The project will improve forest management, promote the environmental sustainability of forest harvests and implement a strategy to promote conservation and small-scale sustainable-use enterprises in biodiversity-rich areas. The GEF grant will: (i) develop an accessible mechanism to enable landowners to declare their lands for conservation and sustainable-use; and (ii) provide financial assistance to landowners in priority biodiversity areas to pursue conservation-based livelihoods as an alternative to large-scale commercial logging.

Project Details

GEF Project ID
513
Project Type
Full-size Project
Status
Cancelled
Country
Papua New Guinea
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
National Forest Authority, Department of Environment and Conservation, Department of Finance's Office of Planning and Implementation, PNG Conservation Trust Fund Board
GEF Period:
GEF - 2
Approval Fiscal Year:
1999

Financials

Project Preparation Grant Amount
300,000 USD
GEF Project Grant
17,000,000 USD
Co-financing Total
22,290,000 USD
GEF Agency Fees
0 USD
Total Cost 39,590,000.00 USD

Project Timeline

Project Cancelled
22 Jun 2007