Lead country
Gabon
Participating countries
Gabon
Project status
Closure
Implementing period
From May 7, 2012 to November 25, 2020
Project ID: 4183
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Technical team
- Ecosystems and Biodiversity Programme
Technical area(s)
- Ecosystem management and restoration
Sub-area(s)
- Biodiversity financing
Landscape(s)
- FreshWaters
Sub-landscape(s)
- Lakes
Transformed sector(s)
- Aquaculture
UNDP role(s)
- Capacity development / Technical assistance
- Convening / Partnerships / Knowledge Sharing
- Data collection and analysis
Strategy
- Finance economy
- Governance
- Law regulation
Sub-strategy
- Nature finance
- Institutional framework
- Participatory governance models
- Laws/ Policy/ Plan formulation
Social inclusion
N/A
Gender equality
N/A
Gender result effectiveness scale
N/A
Pathway(s)
- Systems pathway
Risk reduction target(s)
- Hazard control/mitigation
- Reduce exposure
SDG target(s)
- 15.a Mobilize resources for biodiversity conservation, sustainable use
- 15.1 Conserve, restore, sustainably use terrestrial, freshwater ecosystems
- 15.9 Integrate ecosystem values into national planning
Conventions and protocols
- Convention on Biological Diversity (CBD)
- National Biodiversity Strategies and Action Plans (NBSAPs)
Private sector(s)
N/A
Hot topic
N/A
About this project
Description
The aim of this project is to develop a long-term source of funding for the Mbe watershed based on payments for the ecosystem services provided by this important watershed to the capital city Libreville and surrounding areas. The project will undertake the quantification and valuation of those services for the development of a system of reasonable charges that guarantee the continuity of those services. Based on hydrological and economic studies, the parties will design a payments system for adoption by contract which ensures that the quantity and quality of water provided by the watershed are not threatened. In exchange, Monts de Cristal NP, management bodies, local communities and other stakeholders will receive financial resources to invest in management activities that lead to protection of this valuable resource.
Objectives
Design a sustainable financing mechanism for long-term protection of the Mbé River forested watershed, while strengthening the legal, policy and institutional framework necessary to ensure its adoption and successful implementation.
USD $909,090
Grant amount
USD $2,030,000
Leveraged amount (co-financing)
1
Source(s) of fund
Sources of fund
- Global Environment Facility – Trust Fund ($909,090)
Implementing partner(s)
- Government of Gabon
Project metrics
Related resources
Geospatial information
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Project reports and documentation