Establishing Mechanisms for the Sustainable Financing of Biodiversity Conservation and Watershed Management in Montaña La Humeadora National Park

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.