In this project, the GEF aims at financing the incremental costs of promoting wetlands and aquatic biodiversity conservation and sustainable use in Bangladesh. It will do so by complementing the IV IDA's Fisheries Project. The GEF approach relies on removing barriers for successful mainstreaming of aquatic biodiversity and wetlands conservation within the fisheries sector through demonstration, capacity building, enhancement of the information base for sound decision making, incentive development, and policy development. The GEF components will contribute to support the piloting of community-based aquatic sanctuaries; enhance local capacity for addressing aquatic ecosystem management issues; enhance the knowledge base for sound ecosystem management and decision-making, including monitoring and evaluation for sustainable long-term aquatic ecosystem management; and develop policy and action plans for aquatic biodiversity conservation, mainly by mainstreaming it within the fisheries sector. It is expected that these activities will have substantial multiplicative effects both in Bangladesh and in other Asian countries.

Project Details

GEF Project ID
618
Country
Bangladesh
Implementing Agencies
The World Bank
Approval FY
1999
Status
Cancelled
Region
Asia
Executing Agencies
Ministry of Fisheries and Livestock, Department of Fisheries, Bangladesh Water Development Board, Local Government Engineering Department
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
55,800,000
GEF Project Grant
5,000,000

Timeline

Concept Approved
01 Jan 1999
Project Approved for Implementation
31 May 1999
Project Closed
31 Aug 2005
Project Cancelled
01 May 2006