Concession Project for the Ecological Restoration of the Triunfo do Xingu Recovery Unit, Altamira - Pará
The General Development Objective is to enhance natural capital by increasing carbon sequestration in the Triunfo do Xingu Recovery Unit (URTX) area, thus contributing to mitigation efforts. The Specific Development Objectives are: (i) effective mobilization of private resources for the reforestation and conservation of the URTX under the concession agreement; and (ii) to reforest the URTX area.

Project Detail

Country

Brazil

Project Number

BR-U0002

Approval Date

-

Project Status

Preparation

Project Type

Guarantee

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

BIODIVERSITY AND PROTECTED AREAS CONSERVATION

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

PRG (Political Risk Guarantee)

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

-

Country Counterpart Financing

-

Original Amount Approved

USD 15,000,000.00