Blog IICA

NFTrees for Conservation Purposes

Start Date: 21/06/2023
End Date: 14/12/2025

Description

Technical cooperation project that promotes forest conservation and restoration and carbon offsetting in the Chocó Andino Biosphere Reserve, through monetary incentives to local communities by means of a digital carbon trading system with monitoring and sustainable management practices.

Iniciative Type

Technical cooperation

Action scope

Subnational

Evaluated

No

Stage

Completed

Temporalidad

Short-term

Number of Years

2 - Year -s

Related elements

Budget in USD

Budget in USD
$400,000.00
Counterpart Budget
$401,000.00
Total Budget
$801,000.00
Annual Average Budget
$350,000.00

Institutions

Institutions Institutions rols
Futuro Foundation Execution and operation
IDB: Inter-American Development Bank Technical assistance

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