Philippine Rise Integrated Conservation for Enduring Legacies through Ecosystem Support Services (PRICELESS)

By 2027, the Philippine Rise Marine Resource Reserve of 352,390 hectares, consisting of a 49,684 hectares Strict Protection Zone and a 302,706 ha Multiple Use Zone, is conserved and better managed, protecting globally significant biodiversity while facilitating the sustainable use of its marine resources and generating livelihood benefits for adjacent communities

Financial mechanism
GEF
Date of approval
Status
Project approved
URL
https://www.thegef.org/projects-operations/projects/10568
Countries
Philippines
Managing organisations
Department of Environment and Natural Resources- Biodiversity Management Bureau
Implementing organisations
CI
Project ID
10568
GEF project type
Full size
GEF project phase
GEF - 7
GEF Cofinancing
$23.108.293
GEF project grant
$3.662.844
Executing Agencies
Department of Environment and Natural Resources- Biodiversity Management Bureau