The project will promote conservation and sustainable use of biodiversity, and more equitable sharing of benefits accruing from forest resources in one of the world’s last remaining extensive tracts of tropical rainforest. The project will improve forest management, promote the environmental sustainability of forest harvests and implement a strategy to promote conservation and small-scale sustainable-use enterprises in biodiversity-rich areas. The GEF grant will: (i) develop an accessible mechanism to enable landowners to declare their lands for conservation and sustainable-use; and (ii) provide financial assistance to landowners in priority biodiversity areas to pursue conservation-based livelihoods as an alternative to large-scale commercial logging.
Forestry and Conservation Project
Financial mechanism
GEF
Date of approval
Status
Cancelled
Countries
Managing organisations
National Forest Authority, Department of Environment and Conservation, Department of Finance'
s Office of Planning and Implementation, PNG Conservation Trust Fund Board
Implementing organisations
World Bank
Project ID
513
GEF project type
Full size
GEF project phase
GEF - 2
GEF Cofinancing
$22.290.000
GEF project grant
$17.000.000
Executing Agencies
National Forest Authority, Department of Environment and Conservation, Department of Finance's Office of Planning and Implementation, PNG Conservation Trust Fund Board