LifeWeb

Expression of Interest

	Piloting Climate Change Adaptation and Mitigation Strategies through Payments for Ecosystems Services in Mangroves and Wetlands in Panama
Country	Panama
Abstract	To effectively reduce the climate change vulnerability of local communities located within or nearby 2000 hectares of mangrove and wetland protected areas by financing their restoration and conservation through payments for environmental services.
Funding Needed	$2,952,000 €2 400 000 USD EUR EUR USD
Area Impacted	Mangroves and wetlands in Panama.
Objective	Effectively reduce the climate change vulnerability of local communities located within or nearby mangrove and wetland protected areas by 1) financing the restoration and conservation through payments for environmental services, 2) by producing verifiable benefits to local and indigenous coastal communities and 3) by implementing a pilot project to inform National Climate Mitigation Strategy.
Date Submitted	10-Dec-2009

Objectives and Results

Effectively reduce the climate change vulnerability of local communities located within or nearby mangrove and wetland protected areas by 1) financing the restoration and conservation through payments for environmental services, 2) by producing verifiable benefits to local and indigenous coastal communities and 3) by implementing a pilot project to inform National Climate Mitigation Strategy.