Peruvian Trust Fund for National Parks and Protected Areas

Direct (National)

Type: Direct (National)
Date approved: 24 Mar 2015
Size: Micro
ESS Category: Category B, Intermediation 2
Fiduciary standards: Basic, Project management, Grant award

The Peruvian Trust Fund for National Parks and Protected Areas (Profonanpe) is a national entity and an environmental fund located in Peru. Its mandate is to provide stable and long-term funding as well as to develop and implement innovative strategies for conservation and management of protected areas. Its partnerships at local, national, and international levels with donors have allowed it to address climate change issues such as deforestation and forest degradation as well as to develop climate change projects and programmes, particularly in the areas of environment, agriculture and livestock. Such activities also involve ecosystem services and livelihood enhancement. Profonanpe sought accreditation to the GCF in order to continue developing and implementing climate change projects and programmes related to, inter alia, ecosystems services (watershed conservation); strengthening protected areas in order to reduce risks from extreme climate events; fostering biodiversity conservation mechanisms so as to facilitate climate change adaptation and mitigation; mitigating land degradation and desertification through initiatives of afforestation and reforestation; and promoting agro-biodiversity as a means of supporting climate change adaptation initiatives.