FONAPA water fund works to conserve Paute watershed in southern Ecuador, Created in October 2008, fhe fund finances conservation of the Paute watershed, which supplies water to more than 500,000 Cuenca residents and 300,000 Azogues residents with drinking water and half the country with electricity through the local hydroelectric dam. Projected to raise $5 million over five years, the fund will also pay for the protection and restoration of habitats critical to the survival of key biodiversity as the Andean Bear.
OUTCOMES / BENEFICIARIES
This fund serves more than 500,000 Cuenca residents and 300,000 Azogues residents with drinking water and half the country with electricity through the local hydroelectric dam.
- Start date: October 2008
- Ongoing?: YES
- Cities: Cuenca, Azogues
- Countries: Ecuador
- Lat: 2.8992° S
- Long: 79.0153° W
- Community Environmental Promoters Program
- Support sustainable economic alternatives
- Strengthening agricultural workers Association Promotion of good agricultural practices"
- Training and Environmental Education
- Strengthening local capacities with co-financing of training events
- Monitoring and research programs
- Environmental awareness program
- Dissemination, communication and accountability,
- Technical Planning FONAPA work based on performance indicators, and
- Financial management.
RIVER BASIN: Paute
- ETAPA EP* (Cuenca)
- The Nature Conservancy
- ELECAUSTRO S.A
- CELEC - Unidad de Negocios
- Universidad de Cuenca
- Fundación Cordillera Tropical
- EMAPAL EP (Empresa Pública Municipal de Agua Potable, Alcantarillado y Saneamiento)
Contact name: Silvia Benítez
Phone: (575) 6649 946