Inka Terra: An Innovative Partnership for Self-Financing Biodiversity Conservation & Community Development

Project Summary

Goal: To catalyse self-financing uses of the 10,000 hectare Inka Terra Ecological Reserve (IER) that achieve biodiversity conservation and sustainable development for local communities. This is expected to provide a replicable model for engaging the private sector in achieving financial sustainability for protected areas. This proposal will eliminate deforestation and poaching within the IER; reduce hunting to sustainable levels; provide conservation-compatible livelihoods for a significant portion of the four local communities; and increase awareness of and support for conservation among local and regional stakeholders. It will also generate long-term revenues to help ensure sustainability of the conservation and community development measures.

Project Details

GEF Project ID
1061
Project Type
Medium-size Project
Status
Project Approved
Country
Peru
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
IFC
GEF Period:
GEF - 3
Approval Fiscal Year:
2004

Financials

Project Preparation Grant Amount
25,000 USD
GEF Project Grant
725,000 USD
Co-financing Total
11,365,584 USD
GEF Agency Fees
146,000 USD
Total Cost 12,115,584.00 USD

Project Timeline

Received by GEF
10 Apr 2001
Preparation Grant Approved
31 May 2001
Project Approved for Implementation
19 Dec 2003
Project closed