WASHINGTON, June 8, 2006- The following project was approved today by the World Bank’s Board of Executive Directors:
IBRD LOAN: US$30 million
TERMS: Grace Period = 5 years; Maturity = 15 years
GEF GRANT: US$10 million
PROJECT DESCRIPTION: The main objective of this project is to enhance the provision of environmental services significantly at the national and global levels, and secures their long-term sustainability through a scaled-up payment for environmental services system in Costa Rica.
For project details, please call Stevan Jackson at (202) 458 5054 or e-mail:sjackson@worldbank.org
For more information, please visit the project website:
http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P093384
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