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  • Developing biodiversity and biocarbon finance financing instruments for conserving forests in Equatorial Guinea through improved livelihoods for Indigenous peoples and local communities (IPLCs)

Developing biodiversity and biocarbon finance financing instruments for conserving forests in Equatorial Guinea through improved livelihoods for Indigenous peoples and local communities (IPLCs)

Geography
Approval FY
2023
Fund
Global Environment Facility
Fund Spend
$4,503,256
Co-Financing
$34,000,000

Documents

Summary

to strengthen biodiversity conservation and climate change mitigation, through the application of economic instruments for carbon sequestration, biodiversity protection services to support sustainable forest and land management and improved livelihoods of indigenous peoples and local communities in targeted forest landscapes in Equatorial Guinea. Components: 1) Enabling environment for the application of economic instruments; 2) Enhanced methodologies and gender-transformative capacity building; 3) Application of natural capital valuation, economic instruments to incentivize indigenous peoples and local communities, plus other stakeholders; and 4) KM, M&E, awareness raising and training.

About this project

Approval FY
2025
Fund
Global Environment Facility
Fund Spend
$4,503,256
Co-Financing
$34,000,000
Status
Project Approved
Implementing Agency
United Nations Environment Programme
Focal Area
Biodiversity, Climate Change, Land Degradation, Multi Focal Area
Type
Project
Topics
, ,  

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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Climate finance

Note

Global Environment Facility Projects

Project information is sourced from Global Environment Facility. Please check terms of use for citation and licensing of third party data.