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PN-T1233 : Valuing, Protecting and Enhancing Coastal Natural Capital

Project Status: Implementation

The objective of this project is to elevate the importance of Panama's coastal natural capital (mangrove ecosystems and related wetlands), the carbon they sequester , and the biodiversity they support by shifting perceptions on their value and importance through a multi-pronged approach: 1) Delivering robust science that establishes a blue carbon baseline; 2) Establishing economic valuation of the ecosystem services provided by mangroves and related wetlands; 3) Building knowledge, awareness and engagement with key stakeholders to drive action that increases protection of these ecosystems; and 4) Supporting and strengthening policies that will promote mangrove conservation and reforestation.

Project Detail

Project Number
PN-T1233
Approval date
May 27, 2020
Project Country
Panama
Project Sector
ENVIRONMENT AND NATURAL DISASTERS
Project Subsector
COASTAL ZONE MANAGEMENT
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/BB-18013-PN

Financial Information

Project Number
PN-T1233
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
UK Blue Carbon Fund
Reporting currency
USD - United States Dollar
Reporting date
Jun/28/2022

Roles & Responsibilities

Contract signature date
Sep/18/2020

Project Information

Total Cost
USD 2,966,640
Country counterpart financing
USD 659,232
Amount
USD 2,307,408

Preparation

Title
Type
Project Number
Date Published
TC Abstract
PN-T1233
August 26, 2021
TC Abstract
PN-T1233
July 22, 2020

Approved

Title
Type
Project Number
Date Published
TC Document
PN-T1233
September 30, 2020
TC Document
PN-T1233
July 22, 2020
TC Document
PN-T1233
July 22, 2020
TC Document
PN-T1233
July 22, 2020
TC Document
PN-T1233
July 22, 2020