Innovative Financial Instruments Tender

GEF Project ID
11324
Country
Regional
Implementing Agencies
Inter-American Development Bank
Status
Concept Approved
Region
Regional
Executing Agencies
IADB (Administrator of funds while it is a guarantee)Conservation Trust Funds
GEF Period
GEF - 8
Project Type
Full-size Project
Focal Areas
Biodiversity
Funding Source
GEF Trust Fund
To establish a Regional Facility to support biodiversity conservation and restoration in at least 3 LAC countries by: (i) enabling long-term financing for conservation, restoration, and sustainable management without increasing the debt ceiling; (ii) introducing very powerful incentives to timely achieve conservation commitments; and (iii) strengthening national institutional frameworks to support natural resources management.