Full Bleed Image Full Bleed Image

Single Project Single Project

Last updated

projectFP050

Bhutan for Life

35100000
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation & Adaptation
GCF results areas
  • Energy generation and access
  • Forests and land use
  • Health, food and water security
  • Livelihoods of people and communities
  • Ecosystems and ecosystem services
UN Sustainable Development Goal #15 Life on land

Location & People

Region
  • Asia Pacific
Country
  • Bhutan BT
Beneficiaries (approx.) 145,000

Investment Data

  • Financing:
    • Public
    • Public / Private
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category A
    • Category B
    • Category C
Total project investment
GCF Financing
  • Instrument Grant USD
  • Years to pay 0  
  • Interest 0  
Co-Financing
  • World Wildlife Fund, Inc. Grant USD
  • DT Families Foundation Grant USD
  • Royal Government of Bhutan Grant USD

Project owners

Accredited Entity Executing Entity
  • Ministry of Agriculture and Forests Bhutan
Bhutan for Life Approved October 2017 Duration 14.0 years
Securing Bhutan’s protected areas, comprising 51% of its territory, thus preventing deforestation and preserving resources.

Bhutan is committed to the bold goal of remaining carbon neutral, as re-stated in its NDC under the Paris Agreement. Much of Bhutan is managed under a network of Protected Areas (PAs), which are central to ensuring that at least 60% of the country remains under forest cover. However, many of these areas are coming under increasing pressure from a combination of economic development in surrounding areas, illegal extraction of resources, and the adverse impacts of weather-related events such as landslides, floods, and forest fires.

Bhutan for Life will support improved management of the country’s PAs, providing time and resources for the government to secure long-term revenues to maintain the improvements. Activities under the programme will increase forestry and land use climate mitigation, and support ecosystem-based adaptation to improve natural resource management and livelihoods, and enhance biodiversity.
Document title Published date
Funding proposal 11 Sep 2017
ESS report 13 Sep 2017
Accredited Entity
  • World Wildlife Fund, Inc. (WWF) David McCauley Tel: +1 202 293 4800 Pablo Gutman Tel: +1 202 293 4800
^ Back to top