Global Green Growth Institute
room19F Jeongdong Bldg., 21-15 Jeongdong-gil, Jung-gu Seoul 04518
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Facilitating investment to restore and protect priority natural ecosystems leading to improved water security for 10 million people in Lima

IATI Identifier: XM-DAC-47136-PE06
Published in IATI IATI
  • date_range Feb 01, 2019 - Jun 29, 2019
  • autorenew Implementation (Status)

Building on Peru’s innovative PES policy that earmarks a percentage of the water tariff for ecosystem restoration and conservation, GGGI will identify funding options for SEDAPAL to raise the funds needed to implement the PES scheme. During the Scoping Phase of this project (January to May 2019) the project team will engage with key stakeholders and assess viable funding options with the aim of developing a fundraising strategy to close the USD 10m short-term and USD 412M long-term gap hindering the implementation of PES scheme by SEDAPAL. For this purpose, GGGI will work alongside PROFONANPE, Peru’s GCF Direct Access Entity (DAE) which is set to administer the PES funds and develop a PES-aligned project pipeline. GGGI will pursue a blended finance approach aimed at mobilizing public, private and ODA resources.

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Sectors:
  • Water supply and sanitation - large systems error
    Sector code:
    14020 - Water supply and sanitation - large systems
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Reporting Organisation error
    Sector code:
    WS - Reporting Organisation
    Sector vocabulary:
    99 - Reporting Organisation

Participating Organisations

Organisation Name Organisation Type Organisation Role
Global Green Growth Institute Multilateral Implementing
Global Green Growth Institute Multilateral Funding

Transaction

Transaction Value Provider Receiver Type Date
39,539 USD (Valued at Jun 29, 2019) circle Provider N/A circle Receiver N/A Expenditure date_rangeFeb 01, 2019

Budget

39,942 USD
39,942 USD (Valued at Jun 29, 2019) date_range Feb 01, 2019 - Jun 29, 2019
access_timeUpdated on Aug 04, 2020 06:15:20
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