Green Saving Account Mechanism (GSAM)

The Green Savings Account Mechanism (GSAM) is based on the well-known and well-established savings account mechanism (SAM). A GSAM is a differentiated mechanism with costs and financial benefits similar to those of a SAM, but through which clients have their financial services company (FSC) channel an economic contribution to support Protected Areas (PAs) in the Peruvian Amazon. This contribution does not come from client donations but from company profits, while clients gain access to green benefits, such as discounts on sustainable products and services.

Start:

July 11, 2023

Ending:

June 15, 2025

Financing:

$158.475,00

Profonpe's role:

Executor and administrator

Contributing
Entity:

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Costa Rica forever

It is a private non-governmental organization, created in 2010 as one of the first PFP in the world, based on the model of project financing for the permanence

Executing
Entity:

Profonanpe 2020 logo Final_Working table 1 (1)

Profonanpe

Profonanpe is Peru's environmental fund that provides innovative alternatives for environmental protection and sustainable development.

Location:

ANP Amazon

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