; (F) create economic opportunities for local communities, including through— (i) equity and profit-sharing; (ii) cooperative management of natural resources; (iii) employment activities; and (iv) other related economic growth activities; (G) leverage stable baseline funding for the effective management of the primarily protected or conserved area project; and (H) to the extent possible— (i) are viable and prepared for implementation; and (ii) demonstrate a plan to strengthen the capacity of, and transfer skills to, local institutions to manage the primarily protected or conserved area before or after grant funding is exhausted. (b) Eligible countries (1) In general Pursuant to the Plan of Action required under section 3(c), and before awarding any grants or entering into any project agreements for any fiscal year, the Board shall conduct a review to identify eligible countries in which the Foundation may fund projects. Such review shall consider countries that— (A) are low-income, lower middle-income, or upper-middle-income economies (as defined by the International Bank for Reconstruction and Development and the International Development Association); (B) have— (i) a high degree of threatened or at-risk biological diversity; or (ii) species or ecosystems of significant importance, including threatened or endangered species or ecosystems at risk of degradation or destruction; (C) have demonstrated a commitment to conservation through verifiable actions, such as protecting lands and waters through the gazettement of national parks, community conservancies, marine reserves and protected areas, forest reserves, or other legally recognized forms of place-based conservation