Category:  Price-Based Instruments; Environmental Outreach & Education
Policy Type:  Subsidies, Grants & Incentive Payments; Public Awareness
Sector:  Mixed
Region:  Middle East; Asia
Country:  Azerbaijan; Iran; Kazakhstan; Turkmenistan; Russia
Description: The Caspian Environment Programme (CEP) is a regional umbrella program developed for and by the five Caspian Littoral States aiming to halt the deterioration of environmental conditions of the Caspian Sea and to promote sustainable development in the area. The CEP is funded by the Caspian littoral governments; the Global Environmental Facility (GEF) through the United Nations Development Programme (UNDP), United Nations Environment Programme (UNEP) and the World Bank; the European Union; and the growing participation of the private sector. It awards grants in the framework of the Matched Small Grants Programme (MSGP) and Micro Environmental Grants (MEG). The MSGP is aimed at advancing small-scale investment or pilot projects to address urgent environmental problems in the Caspian region which can be implemented quickly. Matched Small Grants are from USD $5,000 to $50,000. The total project budget ranges from USD $20,000 to USD $100,000 or more. The MEG is designed to raise public awareness, knowledge and understanding of the environmental problems facing the Caspian Sea. The MEG helps finance the small-scale projects with a real impact to address urgent environmental problems through awareness campaigns. The MEG awards from a minimum scale of USD $500 to maximum USD $3,000.
Outcome:  The Caspian Environmental Program provides incentives for participating countries to mitigate nutrient pollution, reduce threats to biodiversity, limit the unsustainable use of bio-resources, and raise public awarness of environmental problems of Caspian Sea.
Reference: 
The Caspian Environment Program (Caspian Littoral States)