By 2027, the Philippine Rise Marine Resource Reserve of 352,390 hectares, consisting of a 49,684 hectares Strict Protection Zone and a 302,706 ha Multiple Use Zone, is conserved and better managed, protecting globally significant biodiversity while facilitating the sustainable use of its marine resources and generating livelihood benefits for adjacent communities
Project Details
GEF Project ID
10568
Country
Philippines
Implementing Agencies
Conservation International
Status
Project Approved
Region
Asia
Executing Agencies
Department of Environment and Natural Resources- Biodiversity Management Bureau
GEF Period
GEF - 7
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund
Project Documents
Financials
USDCo-financing Total
23,108,293
GEF Project Grant
3,662,844
GEF Agency Fees
329,656
Timeline
Received by GEF
23 Mar 2020
Concept Approved
11 Dec 2020
Project Approved for Implementation
11 Nov 2022