Philippines is eligible for GEF assistance under the International Waters
Focal Area through the World Bank. The GEF project is eligible for financing under the Fund as
it fulfills all seven necessary conditions as stipulated in the approved Fund Brief, ie it:
a. is located within the coastal watersheds of one of the six East Asian large marine
ecosystems;
b. demonstrates an innovative technical mechanism to combat land-based water pollution;
c. has high likelihood of replication in Philippines and more widely in East Asia;
d. is unlikely to proceed without grant financing from GEF;
e. has necessary co-financing available;
f. has been endorsed by Philippines’ GEF Focal Point; and
g. meets all relevant World Bank Appraisal criteria.