Original disclosure @ IADB website
Updated in EWS Sep 9, 2020
Disclosed by Bank Jul 22, 2020
Can you contribute information about this project?
Contact the EWS Team
The objective of this project is to elevate the importance of Panama's coastal natural capital (mangrove ecosystems and related wetlands), the carbon they sequester , and the biodiversity they support by shifting perceptions on their value and importance through a multi-pronged approach: 1) Delivering robust science that establishes a blue carbon baseline; 2) Establishing economic valuation of the ecosystem services provided by mangroves and related wetlands; 3) Building knowledge, awareness and engagement with key stakeholders to drive action that increases protection of these ecosystems; and 4) Supporting and strengthening policies that will promote mangrove conservation and reforestation.
The country's counterpart ammount to USD 659,232.
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).