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Project ID:00126456Description:Preparatory Grant
Fund:
Global Fund for Coral Reefs
Start Date *: 23 Mar 2021
Theme:
2021 Pipeline Development
End Date*: 10 May 2021
Country: Maldives Project Status: On Going
  Participating Organization:   UNDP - UNDP(MDTF/PUNO only).
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Maldives’ Marine Ecosystemsmechanism for the Protection and Restoration ofTechnical Assistance/Finance

The UNDP Maldives Country Office aims to use the preparatory grant to identify a suitable blended financing mechanism/national finance provider, through which to disperse sustainable funding for priority ocean conservation and climate change adaptation activities and to incentivize and de-risk investments into activities that will support local coral reef-based economic sectors and livelihoods. 

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Participating Organizations are required to submit final year-end expenditures by April 30 in the following year; Interim expenditure figures are submitted on a voluntary basis and therefore current year figures are not final until the year-end expenditures have been submitted.
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Contacts

If you have questions about this programme you may wish to contact the RC office in Maldives or the lead agency for the programme. The MPTF Office Portfolio Manager (or Country Director with Delegation of Authority) for this programme:

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