(NGI) The Meloy Fund : A Fund for Sustainable Small-scale Fisheries in Southeast Asia
Project Summary
Project Objective: To improve the conservation of coral reef ecosystems by providing financial incentives to fishing communities in the Philippines and Indonesia to adopt sustainable fishing behaviors and rights-based management regimes through capital investments in commercially viable enterprises.
Project Details
| GEF Project ID | 9370 |
| Project Type | Full-size Project |
| Status | Project Approved |
| Country | Regional |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | Conservation International |
| Executing Agencies | Rare |
| GEF Period: | GEF - 6 |
| Approval Fiscal Year: | 2016 |
Financials
| Project Preparation Grant Amount | 200,000 USD |
| GEF Project Grant | 6,000,000 USD |
| Co-financing Total | 35,199,864 USD |
| GEF Agency Fees | 540,000 USD |
| Total Cost | 41,399,864.00 USD |
Project Timeline
Received by GEF
12 Jan 2016
Preparation Grant Approved
11 Mar 2016
Concept Approved
01 Apr 2016
Project Approved for Implementation
26 Sep 2017
Project closed