The project goal is, "Nicaraguan society conserves biodiversity in-situ through a sustainable National Protected Areas System ". This is based on the goal of SINAP’s Development Strategy and responds to the nexus between Nicaragua’s large constituency of private property owners and their need for economic growth that must be balanced with the need for conservation of biodiversity. The project objective is, "The Nicaraguan Protected Areas System is effectively managed through legal reforms, strengthened institutions, sustainable financing and partnerships."

Project Details

GEF Project ID
2702
Country
Nicaragua
Implementing Agencies
United Nations Development Programme
Approval FY
2008
Status
Completed
Region
Latin America and Caribbean
Executing Agencies
Ministry of Environment and Natural Resources (MARENA)
GEF Period
GEF - 4
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
4,622,000
GEF Project Grant
1,800,000
GEF Agency Fees
193,500

Timeline

Received by GEF
04 Feb 2005
Concept Approved
01 Jun 2007
Project Approved for Implementation
08 Jul 2008
Project Closed
24 Jun 2014