Promoting the Integrated Management of Sargassum: Building Resilient Tourism and Fisheries Sectors through the Conservation of Marine Ecosystems in Caribbean countries (SargMarine)

Last update: Dec 23, 2024 Last update: Dec 23, 2024

Details

Location:Colombia, Dominican Republic, Gr ...
Colombia, Dominican Republic, Grenada, Jamaica, Panama, Saint Lucia, Trinidad and Tobago
Status:Formulation
Sectors:Environment & Climate, Tourism, Fisheries & Aquaculture
Languages:English
Contracting authority:
Eligibility:Unknown
Budget: USD 86,300,000
Date posted: Nov 22, 2024

Attachments 4

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Promoting the Integrated Management of Sargassum: Building Resilient Tourism and Fisheries Sectors through the Conservation of Marine Ecosystems in Caribbean countries (SargMarine) Promoting the Integrated Management and Regional Governance of Sargassum:
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By Locations
Funding agency:
IDB Invest
Status:
formulation
Location:
Anguilla, Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bolivia, Brazil, British Virgin Islands, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Dominica, Commonwealth of, Dominican Republic, Ecuador, El Salvador, French Guiana, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Jamaica, Martinique, Mexico, Montserrat, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos, Uruguay, US Virgin Islands, Venezuela
tender Background

About the Funding Agency

Global Environment Facility

The Global Environment Facility (GEF) was founded on the eve of the Rio Earth Summit 30 years ago to address our planet's most critical environmental issues. The GEF is the world's largest multilateral trust fund dedicated to assisting developing countries to invest in nature and it promotes the implementation of major international environmental treaties.

The GEF awards funding for initiatives involving biodiversity, climate change, international waters, land degradation, the ozone layer, persistent organic pollutants, mercury, sustainable forest management, food security and sustainable cities. Thus far, the GEF has supported over 25,000 civil society and community initiatives in 135 countries through its Small Grants Program.

About the Sectors

Environment & Climate

Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.


Key areas:
  • Environmental protection and conservation
  • Natural resource and ecosystem management
  • Climate change and environmental resilience

Tourism

Focuses on the development and management of tourism activities and services that support leisure, recreation, and sustainable travel.


Key areas:
  • Tourism development and destination management
  • Leisure, recreation, and hospitality services
  • Eco-tourism, agro-tourism, and nature-based tourism
  • Hotel, resort, and travel agency operations

Locations

Colombia

Colombia focuses on highway corridors (4G and 5G programs), port development, airport upgrades, and renewable energy expansion to enhance competitiveness and regional integration. Public-private partnerships are central to infrastructure delivery. Investments aim to improve connectivity between inland production centers and coastal export terminals. Financing includes national budgets, multilateral institutions, and private capital. Security conditions, regulatory reforms, and fiscal pressures influence implementation capacity.

Nr. of tenders: 21047
Nr. of grants: 2724
Nr. of donors: 551
Nr. of jobs: 81

Dominican Republic

The Dominican Republic invests in highway networks, port modernization, airport expansion, and energy infrastructure to support tourism and manufacturing growth. Public-private partnerships play an increasing role in delivering transport and logistics projects. Infrastructure financing combines national budgets, multilateral development banks, and foreign investment. Urban congestion, energy reliability, and climate resilience shape ongoing infrastructure planning.

Nr. of tenders: 9861
Nr. of grants: 2107
Nr. of donors: 490
Nr. of jobs: 25
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