Towards Carbon Neutral Tourism
Project Summary
Reduce GHG emissions from Montenegro’s tourism sector and maintain the overall tourism sector related GHG emissions at the 2013 level or lower despite the rapidly growing number of visitors
Project Details
| GEF Project ID | 5098 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Montenegro |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Ministry of Sustainable Development and Tourism, National Tourism Organization, UN World Tourism Organization, Ministry of Transport, Maritime Affairs and Communications, Ministry of Finance |
| GEF Period: | GEF - 5 |
| Approval Fiscal Year: | 2013 |
Financials
| Project Preparation Grant Amount | 100,000 USD |
| GEF Project Grant | 3,090,000 USD |
| Co-financing Total | 121,907,362 USD |
| GEF Agency Fees | 293,550 USD |
| Total Cost | 125,097,362.00 USD |
Project Timeline
Received by GEF
27 Aug 2012
Preparation Grant Approved
20 Feb 2013
Concept Approved
01 Apr 2013
Project Approved for Implementation
10 Jul 2014
Project closed