Developed $2.4m UNDP-GEF project proposal for ABS in the Cook Islands
Fund-raising for ABS
BioChimera assisted the National Environment Service (NES) of the Cook Islands to secure funding for a US $2.4m project proposal for developing and implementing a national Access and Benefit-Sharing (ABS) framework, to build national capacities, and to support a public-private ABS agreement.
The project builds on an existing Cook Islands Medical Technology (CIMTECH)-Koutu Nui access and benefit sharing agreement to design and implement a national model of access and benefit sharing for the Cook Islands.
In order to create a successful project proposal, we liaised closely with Cook Island government officials and representatives of CIMTECH, as well as the United Nations Development Programme (UNDP) and the Global Environment Facility (GEF). The proposal successfully raised a grant of US $930k from GEF as well as co-financing of $1.5m.