Goal: To catalyse self-financing uses of the 10,000 hectare Inka Terra Ecological Reserve (IER) that achieve biodiversity conservation and sustainable development for local communities. This is expected to provide a replicable model for engaging the private sector in achieving financial sustainability for protected areas. This proposal will eliminate deforestation and poaching within the IER; reduce hunting to sustainable levels; provide conservation-compatible livelihoods for a significant portion of the four local communities; and increase awareness of and support for conservation among local and regional stakeholders. It will also generate long-term revenues to help ensure sustainability of the conservation and community development measures.

Project Details

GEF Project ID
1061
Country
Peru
Implementing Agencies
The World Bank
International Finance Corporation
Approval FY
2003
Status
Completed
Region
Latin America and Caribbean
Executing Agencies
IFC
GEF Period
GEF - 3
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
11,365,584
GEF Project Grant
725,000
GEF Agency Fees
0

Timeline

Received by GEF
09 Apr 2001
Concept Approved
19 Dec 2003
Project Approved for Implementation
18 Dec 2003
Project Closed
24 Nov 2008