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GEF Komodo Project

Sector: Hotel • Location: Indonesia

Source: International Finance Corporation (IFC)

Project
Completed

Through the IFC as the implementing agency, the Global Environmental Facility (GEF) is considering support of $US 5 million to the Komodo National Park Collaborative Management Initiative (KCMI). The support will be spread over 7 years. The development objective of the KCMI is to ensure effective long-term management of Komodo National Park (KNP), by:improving the effectiveness of park managemen

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The project “GEF Komodo Project” is an infrastructure initiative in the Hotel sector, located in Indonesia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

Through the IFC as the implementing agency, the Global Environmental Facility (GEF) is considering support of $US 5 million to the Komodo National Park Collaborative Management Initiative (KCMI). The support will be spread over 7 years. The development objective of the KCMI is to ensure effective long-term management of Komodo National Park (KNP), by:improving the effectiveness of park management through the adoption of a collaborative management approach, involving all key stakeholder groups, including the Park authority (PHKA), local government, a joint venture between an international NGO (The Nature Conservancy) and a local tourism company, PT Jaytasha Putrindo Utama (JPU), and with additional input from local communities, government agencies and private sector organizations;supporting the conservation of the marine and terrestrial resources of KNP, using an adaptive management approach to identify and respond to the changing threats facing these resources;establishing structures and guidelines to promote environmentally sensitive tourism development in the region and developing a strategy for the appropriate use of tourism revenue generated by KNP, to ensure long-term financial security for the park and sustainable benefits for the local communities; andintroducing a system of appropriate incentives to encourage conservation-enhancing livelihoods and stimulate the development of a local economy based on the sustainable use of the resources in and around the park.

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Source

Source reliability

High

Data quality score

100%

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URL

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