Sustainable Financing and Establishment of Private Reserves for Biodiversity Conservation in Loma Quita Espuela and Loma Guaconejo, Dominican Republic

Create the Dominican Republic's first private protected area to enhance connectivity with two existing protected areas and foster its financial sustainability through the sale of forest carbon credits. The grant supports the development of a framework by which private investors will purchase land to establish the private protected area; proposal preparation and sale of forest carbon credits; support to cacao farmers for reforestation with native species; and dissemination of the project's experience for replication.