Integrated Mangement in Lakes Apanas and Asturias Watershed
Project Summary
The 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.
Project Details
| GEF Project ID | 3981 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | Nicaragua |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | Inter-American Development Bank |
| Executing Agencies | ENEL, MARENA, MAGFOR, INAFOR |
| GEF Period: | GEF - 4 |
| Approval Fiscal Year: | 2010 |
Project Documents
Financials
| Project Preparation Grant Amount | 90,000 USD |
| GEF Project Grant | 4,040,909 USD |
| Co-financing Total | 6,269,857 USD |
| GEF Agency Fees | 404,091 USD |
| Total Cost | 10,400,766.00 USD |
Project Timeline
Received by GEF
20 Apr 2009
Preparation Grant Approved
01 Mar 2010
Concept Approved
31 Mar 2010
Project Approved for Implementation
18 Jul 2011
Project closed
12 Jun 2018
