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to strengthen biodiversity conservation and climate change mitigation, through the application of economic instruments for carbon sequestration, biodiversity protection services to support sustainable forest and land management and improved livelihoods of indigenous peoples and local communities in targeted forest landscapes in Equatorial Guinea. Components: 1) Enabling environment for the application of economic instruments; 2) Enhanced methodologies and gender-transformative capacity building; 3) Application of natural capital valuation, economic instruments to incentivize indigenous peoples and local communities, plus other stakeholders; and 4) KM, M&E, awareness raising and training. <br>
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Financial mechanism
GEF
Date of approval
Status
Project approved
Countries
Implementing organisations
UNEP
Project ID
11247
GEF project type
Full size
GEF project phase
GEF - 8
GEF Cofinancing
$34.000.000
GEF project grant
$4.131.301
Executing Agencies
Ministry of Forests and EnvironmentNational Institute for Forestry Development and Management of the Protected Areas System (INDEFOR-AP); National Institute for Environmental Conservation (INCOMA)