Sustainable Management of Ecosystem Services

Project Summary

To improve biodiversity conservation and sustainable use through management of landscape ecosystem services, by developing and implementing an ecosystem services compensation mechanism.

Project Details

GEF Project ID
Project Type
Full-size Project
Project Approved
Costa Rica
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
Inter-American Development Bank
Executing Agencies
National System of Conservation Areas (SINAC), Ministry of Environment, Energy and Telecommunications,Fundación Banco Ambiental
GEF Period:
GEF - 5
Approval Fiscal Year:


Project Preparation Grant Amount
151,784 USD
GEF Project Grant
3,485,330 USD
Co-financing Total
15,500,000 USD
GEF Agency Fees
348,533 USD
Total Cost 19,137,114.00 USD

Project Timeline

Received by GEF
14 Mar 2012
Preparation Grant Approved
17 Apr 2012
Concept Approved
01 Jun 2012
Project Approved for Implementation
06 Nov 2017
Project closed