Green Saving Account Mechanism (GSAM)

The Green Savings Account Mechanism (GSAM) is based on the well-established Savings Account Mechanism (SAM). A GSAM is a differentiated mechanism with costs and financial benefits similar to a SAM, but through which clients have their financial services company (FSC) channel an economic contribution to support protected areas (PA) in the Peruvian Amazon. This contribution does not come from client donations, but from the company’s profits, while allowing clients to access 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:

ACRXS-Logo-vertical-a-color-e1667921492909-1024x992

Costa Rica por siempre

A private non-governmental organization created in 2010 as one of the first PFPs in the world. It is based on the model of project financing for permanence.

Executing
Entity:

Logo Profonanpe Inglés_Mesa de trabajo 1

Profonanpe

Profonananpe is the Peruvian environmental fund that provides innovative alternatives for environmental care and sustainable development

Location:

Natural Protected Areas in the Amazon

Beneficiary:

Natural Protected Areas in the Amazon

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