Enhancing MERESE through Habitat Banks: A Dual Approach to Biodiversity Financing in the Peruvian Amazon
The objective of the project is to carry out the institutional and technical design of MERESE-BIO as an innovative financing mechanism for biodiversity conservation in the Peruvian Amazon, building on the successful Payment for Ecosystem Services Mechanism (MERESE). The project will seek to develop an appropriate and comprehensive framework that combines voluntary conservation agreements with market instruments, and will identify two pilot projects in a high-integrity forest zone (ZEAV) and a priority restoration area (EPR) as proof of concept for the new mechanism. It will also evaluate and define the most suitable financial structure to ensure its sustainability, along with a regulatory and institutional framework to support its scaling. Through the strengthening of environmental governance, the coordination of public, private and community stakeholders, and resource mobilization, the project aims to reduce pressures from deforestation, ecosystem degradation and species loss, generating benefits for local and indigenous communities and contributing to the fulfillment of global biodiversity commitments.

Project Detail

Country

Peru

Project Number

PE-G1025

Approval Date

March 5, 2026

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

BIODIVERSITY AND PROTECTED AREAS CONSERVATION

Lending Instrument

-

Lending Instrument Code

-

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 1,000,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 1,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/AZ-22304-PE Sovereign Guaranteed USD - United States Dollar Amazon Bioeconomy and Forest Management Grant
GRT/AZ-22305-PE Sovereign Guaranteed USD - United States Dollar Amazon Bioeconomy and Forest Management Grant
GRT/GN-22306-PE Sovereign Guaranteed USD - United States Dollar Green Climate Fund Grant
GRT/GN-22307-PE Sovereign Guaranteed USD - United States Dollar Green Climate Fund Grant
Operation Number GRT/AZ-22304-PE
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Amazon Bioeconomy and Forest Management
  • Financial Instrument: Grant
Operation Number GRT/AZ-22305-PE
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Amazon Bioeconomy and Forest Management
  • Financial Instrument: Grant
Operation Number GRT/GN-22306-PE
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Green Climate Fund
  • Financial Instrument: Grant
Operation Number GRT/GN-22307-PE
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Green Climate Fund
  • Financial Instrument: Grant

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002932-597853139-30
TC Abstract
TC Abstract - PE-G1025.pdf
Mar. 10, 2026
English
 Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0002932-597853139-29
TC Document
Documento del Proyecto - Divulgacion_98498.pdf
Mar. 09, 2026
Spanish
 Other Documents
https://www.iadb.org/document.cfm?id=EZIDB0002932-597853139-28
Electronic Links
Plan de Adquisiciones_87067.pdf
Mar. 09, 2026
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0002932-597853139-27
Electronic Links
Terminos de Referencia_53824.pdf
Mar. 09, 2026
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0002932-597853139-25
Electronic Links
Solicitud del Cliente_9081.pdf
Mar. 13, 2026
Spanish
https://www.iadb.org/document.cfm?id=EZIDB0002932-597853139-26
Electronic Links
Matriz de Resultados_94628.pdf
Mar. 13, 2026
English

Have an Environmental or Social issue related to IDB projects? File a Complaint