Seychelles' Protected Areas Finance Project

Project Summary

To improve the financial sustainability and strategic cohesion of Seychelles protected area system while also dealing with emerging threats and risks to biodiversity in a shifting national economic environment.

Project Details

GEF Project ID
5485
Project Type
Full-size Project
Status
Project Approved
Country
Seychelles
Region
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
United Nations Development Programme
Executing Agencies
Ministry of Envoronment and Energy (MEE) in close collaboration with Seychelles National Parks Authority (SNPA), Seychelles Island Foundation (SIP) and Ministry of Finance
GEF Period:
GEF - 5
Approval Fiscal Year:
2014

Financials

Project Preparation Grant Amount
100,000 USD
GEF Project Grant
2,776,900 USD
Co-financing Total
15,013,654 USD
GEF Agency Fees
263,806 USD
Total Cost 17,890,554.00 USD

Project Timeline

Received by GEF
12 Jul 2013
Preparation Grant Approved
12 Sep 2013
Concept Approved
01 Nov 2013
Project Approved for Implementation
03 Dec 2015
Project closed