Integrated Coastal Resources Management Project
Project Summary
The project seeks to improve the management and conditions of coastal and marine resources and biodiversity, and to reduce poverty in coastal communities that in a cyclical fashion contribute to further resource depletion and degradation. Through a participatory approach the project will support: (i) policy and institutional strengthening and development; (ii) reduce the extensive poverty prevalent among coastal communities through provision of alternative livelihood and enterprise development, social services and infrastructure, (iii) promote sustainable management and use of coastal resources and related ecosystems, and conserve coastal resources and globally significant biodiversity, (iv) control coastal environmental pollution and erosion, and (v) strengthen the capabilities of Government agencies, NGOs and local communities on coastal resource management and social development.
Project Details
| GEF Project ID | 1185 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Philippines |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | Asian Development Bank |
| Executing Agencies | Department of Environment and Natural Resources (DERN) |
| GEF Period: | GEF - 3 |
| Approval Fiscal Year: | 2005 |
Financials
| Project Preparation Grant Amount | 335,000 USD |
| GEF Project Grant | 9,000,000 USD |
| Co-financing Total | 54,320,000 USD |
| GEF Agency Fees | 872,920 USD |
| Total Cost | 63,655,000.00 USD |
