NFTrees for conservation purposes

The project's primary objective is to promote forest conservation and carbon compensation via forest restoration by delivering monetary incentives to local communities of the Andean Chocó Biosphere Reserve (RBCA for their Spanish acronym) through the improvement and monitoring of Fundación Futuro's existing innovative digital carbon trading system, committing local communities and businesses to enact sustainable management practices.

Project Detail

Country

Ecuador

Project Number

EC-T1520

Approval Date

June 14, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Social Entrepreneurship Program & Small Projects

Lending Instrument Code

SMP

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 801,000.00

Country Counterpart Financing

USD 401,000.00

Original Amount Approved

USD 400,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/OC-20101-EC	Non-Sovereign Guaranteed	USD - United States Dollar	Jun. 23, 2025	Jun. 21, 2023	Ordinary Capital	Nonreimbursable

Operation Number

ATN/OC-20101-EC

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jun. 23, 2025
Signed Date: Jun. 21, 2023
Fund: Ordinary Capital
Financial Instrument: Nonreimbursable

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