📋 Tender Overview
Project ID: P172980
Region: Latin america and caribbean
Total Project Cost: Us$ 3.65 million
The proposed project Coastal and Marine Ecosystem Management project aims to support the participatory approaches in coastal and marine environment of St. Vincent and the Grenadinesincluding: (i)institutional and policy support, and capacity building for coordination, spatial9and financial planning, and monitoring of the coastal and marine environment; (ii) setting-up a publicly accessible national knowledge platform (environmental data and information center) for an improved information base for decision-making on the use and conservation of coastal and marine resources; and (iii) demonstrating the effectiveness of spatial and financial planning approaches in selected pilot coastal and marine sites. The Project will be funded by a GEF Trust Fund grantin the amount of US$3.65 million. 20.Component 1. Institutionalization of Coastal and Marine Ecosystem Management Program (GEF Contribution US$1.0 million and Co-financing US$2.0 million). This component will support the enhancement of institutional capacity for mainstreaming coastal and marine ecosystem management within key development sectors that impinge on these resources. 21.Component 2. Applying a participatory approach to effectively plan, manage, finance and monitor compliance in target environmentally sensitive coastal and marine sites (GEF Contribution US$1.88 million and co-financing US$3.05 million). Component 2 activities complement processes in Component 1 to demonstrate spatialplanning and innovative financing arrangementsthrough on-the-ground investments in the 3-4 specific target coastal and marine sites. The initial identified sites10are: (i) Milligan Cay Wildlife Reserve, or Turtle Island; (ii) Brighton and Diamond Beacharea; (iii) Union Island and Tobago Cays Marine Park; and (iv) Biabou Town.