Project co-financing sources are presented in Table , below, with details for 13 proposed sources of co-financing to the project, of which the greater portion is expected from the Asian Development Bank Biodiversity Conservation Corridors project. Followed by the international conservation organization Wildlife Conservation Society (WCS) and World Wide Fund for Nature (WWF). Project implementation budgets per component item are presented in Table 21, below, providing details on budget across all project activities, outputs, and outcomes. Further, the overall project budget with additional detail is presented in Appendix 1 (Budget by project components and UNEP budget lines) and Appendix 2 (Co-financing by source and UNEP budget lines).
The total GEF grant financing to these components is USD 4,718,182 over 60 months. The annual breakdown of this budget is provided in Appendix 1. The GEF’s support will be matched by substantial co-finance commitments to achieve CAMPAS’ outputs in realizing this project’s intended outcomes, as summarized in Appendix 2.
Project cost information was determined from an in-depth understanding of the operating environment by the relevant local partner who will deliver the project. Existing cost information was used to create realistic and cost-effective budget estimates, harmonizing with existing and planned work. The project team is using a number of detailed working budgets, which show the breakdown of costs in more detail than can be presented here in the Project Document.
The project has a strong co-finance commitment from a wide range of partners, amounting to over 65% of the total project sum. This demonstrates cost-effectiveness of the GEF investment to leverage and coordinate with up to 10 partner organizations providing over USD 14,570,590 of co-financing. Such a strong cost-sharing commitment enhances effectiveness through various partners working on complementary parts of the project, and ensures that GEF investments into CAMPAS are targeted at the key gaps and strategic areas of need to ensure the outcomes are met.
The design of financial flows will expedite delivery on the ground. In particular, large proportion of the field costs for the landscapes will be managed and overseen by relevant partners in the landscape. This ensures that international-standard financial reporting is upheld, despite the challenging field conditions in the relevant Protected Areas. This both ensures incremental capacity building for government agency financial management teams, and an increased confidence with accountability and ensures cost-effectiveness due to a functioning governance and fund-management framework. Several of the NGO Alliance partners have strong experience implementing similar scale of projects in partnership with MoE and other key partners, and have well-functioning units to channel and manage funds, resources, equipment, and to monitor their use to ensure cost-effectiveness.
The project will ensure a cost-effective approach by building upon the previous and ongoing initiatives of international and national non-government organizations in working in the project demonstration area and more specifically, by building upon the technical and institutional capacities developed because of such work.
Table 21. Project implementation budgets per outcomes, outputs, and summarized activities