World Bank/GEF Partnership Investment Fund for Pollution Reduction in the Large Marine Ecosystems of East Asia (Tranche 1 of 3 tranches)
The objective of this proposed World Bank/GEF East Asia Land-Based Pollution Reduction Investment Fund Project (the Partnership Fund) is to reduce local, national and trans-boundary degradation of East Asia’s marine ecosystems due to land-based pollution. It would help implement the action plans that are emerging from the GEF-supported planning efforts for the South China Sea and the Yellow Sea Large Marine Ecosystems, and the national and local commitments facilitated by the GEF/UNDP/IMO PEMSEA Project (Partnerships for Environmental Management of the Seas of East Asia). Its strategic objective would be to help address the three major gaps in ongoing regional land-based pollution control efforts, which are concentrated in a few large cities and in publicly-owned and managed waste-water treatment facilities.
These gaps are:
- (i) pollution from secondary cities and their industrial complexes,
- (ii) agricultural pollution, and
- (iii) private investment and public/private partnerships for pollution reduction
The project’s development goal would be to promote sustainable development of the coastal areas of the East Asia region by reducing land-based pollution of its rivers and seas. Its global environment goal would be to promote the environmental sustainability of several of East Asia’s large marine ecosystems by reducing land-based pollution of them. The Partnership would establish a World Bank-implemented, GEF-financed Investment Fund to Address Land-Based Pollution of the Large Marine Ecosystems of East Asia, the first five-year phase of which would be capitalized with $70-80 million of GEF resources.
The Fund would co-finance:
- (a) a series of large-scale publicly-managed, World Bank co-financed pollution-reduction investment projects or programs in regional land-based pollution “hot-spots”; and
- (b) a revolving fund or funds to stimulate and co-finance site-specific private and/or public-private land-based pollution investments, particularly in the manufacturing and agro-industrial sectors, also in regional land-based pollution hot spots.
It would be loosely modeled on the World Bank/GEF Nutrient Reduction Investment Fund for the Danube/Black Sea Basin, which was established in 2002 and has catalyzed over $400 million worth of anti-pollution measures."
Indonesian Sea (LME) , Gulf of Thailand (LME) , Sulu-Celebes Sea (LME) , South China Sea (LME) , East China Sea (LME) , Yellow Sea (LME)
|Project type||Full-Sized Project|
|Project Status||Council Approved|
|Start Date||08 Nov 2005|
|GEF Allocation to project||20.70M US$|
|Total Cost of the project:||507.50M US$|
International Bank for Reconstruction and Development (WB)
Partnerships in Environmental Management for the Seas of East Asia (PEMSEA)
Dr. Chua Thia-Eng (Chair Emeritus)
Jed Saet (webmaster)
Mr. Raphael Lotilla (Executive Director concurrently Regional Programme Director)
Mr Jerome Esperanza (Webmaster)
Mara Warwick (Chief Technical Advisor)
Mr. John Fraser Stewart (Senior Natural Resources Specialist)