Overview
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.
The project has an estimated lifespan of 14 years.
Result areas
Countries
Regions
Project timeline
-
Pipeline
423 days
-
Concept note received
-
Funding proposal received
-
Legal opinion on AE's Internal Approval
-
-
Approved
369 days
-
Approved by GCF Board
-
Cleared by iTAP
-
FAA executed
-
-
Under implementation
2,811 days so far
-
FAA effective
-
-
To be completed
2,304 days to go
Not started
Other Data
- Size
- Medium
- Project number
- FP050
- Risk category
- Category B
- Subtype
- Public sector
- Theme
- Cross-cutting
- Status
- Under implementation
- Duration
- 14
-
Total project value $ 118 million
-
Tonnes of CO2 equivalent avoided 35.1 million
-
Total number of beneficiaries 145 thousand
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 118
million
Show details
GCF-financing
66% disbursed
- Grant USD 26,557,354
- Total GCF-financing USD 26,557,354
Co-financing
- Grant USD 9,400,000
- Grant USD 28,000,000
- Grant USD 47,100,000
- Grant USD 5,000,000
- Grant USD 2,200,000
- Total co-financing USD 91,700,000
News and stories
Documents
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2024 Annual Performance Report for FP050: Bhutan for life
- Annual Performance Report
- 03 Mar 2025
- WWF
- FP050
-
2022 Annual Performance Report for FP050: Bhutan for life
- Annual Performance Report
- 28 Sep 2023
- WWF
- FP050
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2020 Annual Performance Report for FP050: Bhutan for life
- Annual Performance Report
- 29 Jul 2021
- WWF
- FP050
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2021 Annual Performance Report for FP050: Bhutan for life
- Annual Performance Report
- 20 Jan 2021
- WWF
- FP050
-
2019 Annual Performance Report for FP050: Bhutan for life
- Annual Performance Report
- 01 Mar 2020
- WWF
- FP050
-
Gender assessment for FP050: Bhutan for life
- Gender assessment
- 31 Jan 2018
- WWF
- FP050
-
Gender action plan for FP050: Bhutan for life
- Gender action plan
- 31 Jan 2018
- WWF
- FP050
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Bhutan for life
- Approved funding proposal
- 06 Nov 2017
- WWF
- FP050
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Environmental and social safeguards (ESS) report for FP050: Bhutan for life
- Environmental and Social Safeguards report
- 12 Sep 2017
- WWF
- FP050
Project contacts
Find the appropriate contacts for this project, including partner organizations and responsible entities.
See contact details
Project contacts
Entity info
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Mr. Lucas Black
Primary
Vice President, Climate Finance
GCF team
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Press enquiries and interviews
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GCF Communications
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Request for information
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GCF Information Disclosure
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Project complaints and grievances
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GCF Independent Redress Mechanism (IRM)
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Integrity issues
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GCF Independent Integrity Unity (IIU)
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National Designated Authority
Department of Macro-fiscal and Development Finance (DMDF), Ministry of Finance (Bhutan)
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Mr. Tshering Dorji
Primary
Director
Post Box 127, Tashichhodzong, Thimphu,, Thimphu, Bhutan
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Mr. Namgyel Dorjee
Operational Focal Point
Chief, Development Coordination and Debt Management Division (DCDMD), DMDF, Ministry of Finance
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Ms. Tshering Choden
Operational Focal Point
GCF Focal Officer, DCDMD, DMDF, Ministry of Finance