Forestry and Conservation Project
Project Summary
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.
Project Details
| GEF Project ID | 513 |
| Project Type | Full-size Project |
| Status | Cancelled |
| Country | Papua New Guinea |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | National Forest Authority, Department of Environment and Conservation, Department of Finance's Office of Planning and Implementation, PNG Conservation Trust Fund Board |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 1999 |
Financials
| Project Preparation Grant Amount | 300,000 USD |
| GEF Project Grant | 17,000,000 USD |
| Co-financing Total | 22,290,000 USD |
| GEF Agency Fees | 0 USD |
| Total Cost | 39,590,000.00 USD |
