Gef-iw5 etps mangroves

AJ.Overall Project Co-financing

Project co-financing (cash and in-kind) will be secured for the project to the total of 6,750,000 USD (in revision March - May 2015) (Table 11).

Table : Committed Cash and In-Kind Co-financing (USD)
Sources of Co-financing	Name of Co-financier	Type of Co-financing	Amount (USD)
Private Sector	CI through the Walton Family Foundation	Cash	0.896M (secured 04/15) 1.5M Extra TBD
Multilateral Agency	IADB	Cash	2,000,000 TBD
Private Sector	Oleoducto al Pacifico	Cash	40,000 TBD
Private Sector	IKI-UNDP	Cash & In-Kind	184,288 (updated 03/15) TBD
Private Sector	Blue Carbon Initiative	Cash & In-Kind	200-300,000 TBD
Government	CPPS	In-kind	500,000 TBD
United Nations Agency	UNESCO	In-kind	250,000 TBD
Government	Government of Costa Rica	In-kind	275,000 TBD
Government	Government of Panamá	In-kind	125,000 TBD
Government	Government of Colombia	In-kind	300,000 TBD
Government	Government of Ecuador	In-kind	500,000 (updated 03/15)
TOTAL CO-FINANCING			6,750,000 (TARGET)

1. 
   Project Results Framework
   

Objective:

To implement a comprehensive, multi-government ratified and regionally articulated mangrove conservation strategy in the Eastern Tropical Pacific Seascape (ETPS) countries of Costa Rica, Panama, Colombia and Ecuador through on-the-ground management activities and the strengthening of national and local policies that inform ridge-to-reef development planning and practices relevant to mangrove conservation.

Indicator(s):

a. Official endorsement of a regionally articulated multi-government mangrove conservation and sustainable development plan by the four ETPS countries (Costa Rica, Panama, Colombia, Ecuador) with a coordinated action plan to restore and protect mangrove systems beyond the funded scope of the two year project. b. At least 2 ETPS countries with improved legislation governing national ridge-to-reef spatial planning (e.g. upstream watershed management) and policy development that positively influences mangrove conservation in different ETPS countries. c. At least 2 examples of supported local private and/or community based mangrove initiatives that strengthen local planning, improve awareness of key issues, build local capacity, reduce mangrove degradation, instigate reforestation, and improve the retention of ecosystem goods, services with economic and cultural dividends for sustainable societies.