Inka Terra: An Innovative Partnership for Self-Financing Biodiversity Conservation & Community Development

Goal: To catalyse self-financing uses of the 10,000 hectare Inka Terra Ecological Reserve (IER) that achieve biodiversity conservation and sustainable development for local communities. This is expected to provide a replicable model for engaging the private sector in achieving financial sustainability for protected areas. This proposal will eliminate deforestation and poaching within the IER; reduce hunting to sustainable levels; provide conservation-compatible livelihoods for a significant portion of the four local communities; and increase awareness of and support for conservation among local and regional stakeholders. It will also generate long-term revenues to help ensure sustainability of the conservation and community development measures.

Financial mechanism
GEF
Date of approval
Status
Completed
Countries
Managing organisations
IFC
Project ID
1061
GEF project type
Medium size
GEF project phase
GEF - 3
GEF Cofinancing
$11.365.584
GEF project grant
$725.000
Executing Agencies
IFC