Project Notice
|
| PNR |
3705 |
| Project Name |
DRC GEF Financing to PREPAN Project |
| Project Detail |
The development objective of the Additional Financing (AF) for National Parks Network Rehabilitation Project for Democratic Republic of Congo (DRC) is to enhance the capacity of the Congolese Institute for Nature Conservation (ICCN) for management of targeted protected areas. AF will enhance the capacity of the ICCN for management of targeted protected areas. The major new activity to be supported under this AF is the creation and capitalization of a national conservation trust fund, the okapi fund for nature conservation in the DRC (hereafter "okapi fund"). Of the total United States (U.S.) 11.64 million dollars of the new global environment facility (GEF) funds, U.S. 7.4 million dollars will be committed to the endowment fund window of the okapi fund. About U.S. 4.0 million dollars in GEF funding will provide direct support in the lifetime of the project to high-priority national protected areas (PAs) of the DRC, through the ICCN. The remainder of the GEF AF funds will strengthen ICCN s management of the PA system and cover project management costs. The new International Development Association (IDA) grant funds will help strengthen ICCN, continue limited support to Virunga national park to complete activities already underway, support the botanical gardens network of ICCN, and provide technical assistance and support to the establishment and management of the okapi Fund. AF is added to components one and two to continue and expand funding to existing efforts to enhance the capacity of the ICCN for management of protected areas, while adding component four to the original design to create and make operational a conservation trust fund, the okapi fund. |
| Funded By |
worldbank |
| Sector |
General agriculture, fishing and forestry sector , Public Administration - Agriculture, Fishing & Forestry , |
| Country |
Congo The Democratic Republic Of The , Central Africa |
| Project Value |
Plz Refer Document
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