Promoting Payments for Environmental Services (PES) and Related Sustainable Financing Schemes in the Danube Basin
Project Summary
The overall development objective of the project is:To secure global environmental benefits by mainstreaming payments for ecosystem services (PES) and sustainable financing (SF) schemes in integrated river basin management for large-scale international watersheds.The specific project objectives are:1. To demonstrate and promote PES and other sustainable financing schemes in the Lower Danube river basin.2. To derive lessons of relevance for the Danube basin at large and for other international watersheds
Project Details
| GEF Project ID | 2806 |
| Project Type | Medium-size Project |
| Status | Completed |
| Country | Regional |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Environment Programme |
| Executing Agencies | WWF |
| GEF Period: | GEF - 4 |
| Approval Fiscal Year: | 2009 |
Financials
| Project Preparation Grant Amount | 25,000 USD |
| GEF Project Grant | 964,676 USD |
| Co-financing Total | 1,349,373 USD |
| GEF Agency Fees | 98,967 USD |
| Total Cost | 2,339,049.00 USD |
Project Timeline
Received by GEF
Preparation Grant Approved
03 Jun 2005
Concept Approved
19 Feb 2009
Project Approved for Implementation
24 Aug 2009
Project closed
27 Oct 2018