Gulf of Fonseca Transboundary Management of Coastal Natural Resources

active

The project will be implemented through three components as follows: (i) Component 1: Strengthen the strategic and regulatory framework for transboundary management (US$2.0m) – this component will build the foundation for effective transboundary management of natural resources in the Gulf of Fonseca. It will use the Transboundary Diagnostic Analysis (TDA) and Strategic Action Program (SAP) framework developed by the GEF and its partners; (ii) Component 2: Build capacity for the improved management of the Gulf of Fonseca (US$2.765m) - the second component will finance investments to kick-start the implementation of the SAP and build support for its principles through institutional strengthening, monitoring, communication and pilot investments in community sustainable resource management activities; and (iii) Component 3: Project management (US$0.235m) – the third component will finance the implementation of the project through a regional steering committee and project implementation unit. The steering committee will exercise a strategic guidance and oversight role, while the project implementation unit will manage the project.