Development of Value Chains for Products derived from Genetic Resources in Compliance with the Nagoya Protocol on Access and Benefit Sharing and the National Biodiversity Economy Strategy
Project Summary
: to strengthen value chains for products derived from genetic resources that contribute to the equitable sharing of benefits and the conservation of biodiversity, with a focus on bioprospecting of indigenous plant species
Project Details
| GEF Project ID | 9255 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | South Africa |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | United Nations Development Programme |
| Executing Agencies | Department of Environmental AffairsUniversity of PretoriaCouncil for Scientific and Industrial Research |
| GEF Period: | GEF - 6 |
| Approval Fiscal Year: | 2016 |
Financials
| Project Preparation Grant Amount | 182,648 USD |
| GEF Project Grant | 6,210,046 USD |
| Co-financing Total | 35,870,564 USD |
| GEF Agency Fees | 589,954 USD |
| Total Cost | 42,263,258.00 USD |
Project Timeline
Received by GEF
04 Aug 2015
Preparation Grant Approved
14 Mar 2016
Concept Approved
01 Apr 2016
Project Approved for Implementation
17 Oct 2018
Project closed