Improve national financing of biodiversity through the design, implementation and optimization of market-based economic instruments (IECB), that reinforce public financing and facilitate the economic contribution of the private sector to maintaining Chile’s natural capital.

Project Details

GEF Project ID
10213
Country
Chile
Implementing Agencies
United Nations Development Programme
Approval FY
2021
Status
Project Approved
Region
Latin America and Caribbean
Executing Agencies
Chile Ministry of Environment
GEF Period
GEF - 7
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
9,708,732
GEF Project Grant
2,300,000
GEF Agency Fees
218,500

Timeline

Received by GEF
08 Apr 2019
Concept Approved
31 May 2019
Project Approved for Implementation
09 Jun 2021