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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

Programa de Empresariado Social & Pequeños Proyectos

Lending Instrument Code

SMP

Modality

-

Facility Type

-

Environmental Classification

-

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 Ordinary Capital Nonreimbursable
Operation Number ATN/OC-20101-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

Implementation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000715-1006874822-7
Donors Memorandum
Sintesis SEP spa.pdf
Jul. 20, 2023
English
Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0000715-1006874822-4
Profile
IDEATE 2023-03-07 Public Summary 1210 EC-T1520.pdf
Mar. 08, 2023
Spanish

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