Colombia: National Protected Areas Conservation Trust Fund Project

April 11, 2006

IDA GRANT: US$15 million
PROJECT DESCRIPTION: The project seeks to support the development of the National Protected Areas System in Colombia by consolidating a Biodiversity and Protected Areas Trust Fund. The fund was established during the project’s preparation phase as a private-sector foundation with a private-sector majority on its board and a mandate to execute public-sector conservation policies related to the national protected areas system. The fund will manage both endowment and sinking funds: the endowment will support incremental, recurrent costs in protected areas, while sinking funds will undertake direct investments in protected areas and surrounding complementary landscapes, named conservation mosaics.

Media Contacts
Alejandra Viveros
Tel : (202) 473-4306