Home > Grants > Grantee Projects > Establishing Mechanisms Sustainable Financing Biodiversity Conservation and
Establishing Mechanisms for the Sustainable Financing of Biodiversity Conservation and Watershed Management in Montaña La Humeadora National Park
Grantee Name: 
Instituto Tecnológico de Santo Domingo
HOTSPOT
Caribbean Islands
AMOUNT
US$51,945
DATES
Jun 2014
-
Sep 2015
Stats
Project Overview Overview
CEPF Strategic Direction Strategy
HOTSPOT
Caribbean Islands
AMOUNT
US$51,945
DATES
Jun 2014
-
Sep 2015

Establish financial mechanisms for watershed management and biodiversity conservation in La Humeadora National Park in the Dominican Republic, which provides water to the city of Santo Domingo. The grantee will work with the Santo Domingo water authority and hydroelectric company, as well as the Ministry of the Environment to assess the economic value of water for municipal water use and hydropower generation, design a financial management scheme to allow for watershed protection, and build local capacity and institutional cooperation to support the establishment of the financial scheme.

Strategic Direction: 1 Improve protection and management of 45 priority key biodiversity areas