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CO-G1029 : Adding Value to Mangroves Conservation in Coastal-City Systems

Project Status: Implementation

The general objective of this non-reimbursable investment operation is to encourage the conservation and restoration of mangrove ecosystems in Colombia through the following specific objectives: (i) recover and conserve highly biodiverse urban-regional wetlands and integrate them into urban development processes; (ii) strengthen community management schemes for mangrove conservation and develop sustainable economic alternatives for local populations; and (iii) systematize the lessons learned to scale the initiative to a greater number of coastal cities in Colombia.

Project Detail

Project Number
CO-G1029
Approval date
May 25, 2021
Project Country
Colombia
Project Sector
URBAN DEVELOPMENT AND HOUSING
Project Subsector
SUSTAINABLE CITIES
Project Type
Investment Grants
Project Lending Type
SG
Project Modality
Project Facility Type
Environmental and social impact category
C
Project Status
Implementation
Operation Number
GRT/BB-18616-CO

Financial Information

Project Number
CO-G1029
Project Status
Implementation

IDB Financing

Financing type
GRT
Fund
UK Blue Carbon Fund
Reporting currency
USD - United States Dollar
Reporting date
Mar/16/2023

Roles & Responsibilities

Contract signature date
Oct/21/2021
Operation Number
GRT/BB-18615-CO

Financial Information

Project Number
CO-G1029
Project Status
Implementation

IDB Financing

Financing type
GRT
Fund
UK Blue Carbon Fund
Reporting currency
USD - United States Dollar
Reporting date
Mar/16/2023

Roles & Responsibilities

Contract signature date
Oct/21/2021

Project Information

Total Cost
USD 2,960,000
Country counterpart financing
USD 460,000
Amount
USD 2,500,000