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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
Gender assessment 31 Jan 2018
Gender action plan 31 Jan 2018
Accredited Entity
  • World Wildlife Fund, Inc. (WWF) David McCauley Tel: +1 202 293 4800 Pablo Gutman Tel: +1 202 293 4800
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