Promotion of Biodiversity Conservation within Coffee Landscapes (GEF-MSP) (WB-P056914)

Countries
  • El Salvador
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
PROCAFE
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.72 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.72 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Campaign Documents
Primary Source

Original disclosure @ WB website

Disclosed by Bank Sep 17, 2002


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Project Description
<h5>As part of a Coffee and Biodiversity Project in El Salvador, a group of World Bank experts recently concluded that this type of coffee cultivation is not only a plus for the environment, but it can also be a profitable source of income for small and medium-size producers. Some Salvadoran farmers recently switched to shade-grown coffee techniques and turned their agriculture project into a lucrative venture, placing their product on gourmet world coffee markets.&nbsp; The project has shown that a comparatively small investment, $750,000 in this case, can have a significant effect, because the project can be extended and replicated in the future.&nbsp; As an outcome of the project, 224 coffee plantations will be certified with the ECO/OK seal, which the Rain Forest Alliance grants to farmers who cultivate coffee in a manner consistent with biodiversity preservation.&nbsp; Four coffee processing plants will be certified as well.&nbsp; There are more than 130 coffee species on certified plantations, while only five species have been recorded in areas where coffee is grown under the sun.</h5>
Investment Description
  • World Bank (WB)
Private Actors
Contact Information

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