Nicaragua: Reduction of Risks and Vulnerability Based on Flooding and Droughts in the Estero Real River Watershed (UNDP) (AFB/MIE/Water/2010/1)

62. Having considered the comments and recommendations of the Projects and Programme Review Committee, the Adaptation Fund Board decided to:

(a) Approve the fully-developed project document, as supplemented by the additional information provided by the United Nations Development Programme (UNDP) in response to the request made by the technical review;

(b) Request the secretariat to draft a memorandum of understanding with UNDP as the Multilateral Implementing Entity for the project; and

(c) Request that UNDP transmit the observations referred to under paragraph (b) above to the Government of Nicaragua.