Overview
The Programme will provide effective climate change mitigation outcome through investing in sustainable plantation forestry projects in emerging forestry markets of Latin America and Sub Saharan Africa, while also bringing adaptation co-benefits. This investment approach provides developing countries and their rural communities with a solution to increase carbon sinks by producing wood in a sustainable manner and conserving natural forests, whilst contributing to reduction of illegal logging.
Besides direct mitigation achieved in forest plantations, the Programme operations will lead to additional green house gas emission reduction benefits: the protection of natural forests in project areas, as well as the provision of alternative wood resources, will support efforts to combat deforestation and degradation of natural forests in project regions, and part of the carbon contained in harvested trees will be stored in wood products.
Result areas
Countries
Regions
Priority groups
Project timeline
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Pipeline
926 days
-
Concept note received
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Funding proposal received
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Cleared by GCF Secretariat
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Cleared by iTAP
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Legal opinion on AE's Internal Approval
-
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Approved
233 days
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Approved by GCF Board
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FAA executed
-
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Under implementation
2,055 days so far
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FAA effective
-
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To be completed
3,424 days to go
Not started
Other Data
- Size
- Medium
- Project number
- FP128
- Risk category
- Intermediation 1
- Subtype
- Private sector
- Theme
- Mitigation
- Group
- African States, Least Developed Countries
- Status
- Under implementation
- Duration
- 14
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Total project value $ 200 million
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Tonnes of CO2 equivalent avoided 20 million
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 200
million
Show details
GCF-financing
90% disbursed
- Equity USD 25,000,000
- Total GCF-financing USD 25,000,000
Co-financing
- Equity USD 25,000,000
- Equity USD 100,000,000
- Equity USD 46,000,000
- Equity USD 4,000,000
- Total co-financing USD 175,000,000
Documents
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2024 Annual Performance Report for FP128: Arbaro Fund – Sustainable Forestry Fund
- Annual Performance Report
- 14 Jul 2025
- MUFG_Bank
- FP128
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2023 Annual Performance Report for FP128: Arbaro Fund – Sustainable Forestry Fund
- Annual Performance Report
- 26 Jul 2024
- MUFG_Bank
- FP128
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2022 Annual Performance Report for FP128: Arbaro Fund – Sustainable Forestry Fund
- Annual Performance Report
- 28 Feb 2023
- MUFG_Bank
- FP128
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Environmental and social safeguards (ESS) report for FP128: Arbaro Fund – Sustainable Forestry Fund - Forestal del Caribe
- Environmental and Social Safeguards report
- 03 Oct 2022
- MUFG_Bank
- FP128
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Environmental and social safeguards (ESS) report for FP128: Arbaro Fund – Sustainable Forestry Fund (Ecuador Teak Project)
- Environmental and Social Safeguards report
- 25 Apr 2022
- MUFG_Bank
- FP128
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Environmental and social safeguards (ESS) report for FP128: Arbaro Fund – Sustainable Forestry Fund (Forestal VillaBaro)
- Sub-project ESS report
- 11 Apr 2022
- MUFG_Bank
- FP128
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Environmental and social safeguards (ESS) report for FP128: Arbaro Fund – Sustainable Forestry Fund (Prosperidad Peru)
- Environmental and Social Safeguards report
- 07 Jan 2022
- MUFG_Bank
- FP128
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2020 Annual Performance Report for FP128: Arbaro Fund – Sustainable Forestry Fund
- Annual Performance Report
- 28 Sep 2021
- MUFG_Bank
- FP128
-
Environmental and social safeguards (ESS) report for FP128: Arbaro Fund – Sustainable Forestry Fund (Forestal Apepu)
- Environmental and Social Safeguards report
- 21 May 2021
- MUFG_Bank
- FP128
-
Environmental and social safeguards (ESS) report for FP128 – Arbaro Fund – Sustainability Forestry Fund (Forestal San Pedro)
- Environmental and Social Safeguards report
- 26 Nov 2020
- MUFG_Bank
- FP128
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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Ms. Ariane Pevide
Primary
Director
Ropemaker Place, 25 Ropemaker Street, London, United Kingdom
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Ms. Moegi Amano
Secondary
Vice President
1-4-1, Marunouchi, Chiyoda-ku,, Tokyo, Japan
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
National Planning Department (Colombia)
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Mr. Rovitzon Ortiz Olaya
Primary
Associate Director for Strategic Foresight and National Development
Calle 26 # 13 – 19, Bogota, D.C, Colombia
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Mr. Javier Pava Sánchez
Secondary
Director of Environment and Sustainable Development
Calle 26 # 13 – 19, Bogota, D.C, Colombia
Ministry of Environment and Energy (Ecuador)
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Ms. Jessica Stefanía Gallegos Yaruquí
Primary
Undersecretary of Climate Change
Av. República de El Salvador N36-64 y Suecia 170135, Quito, Ecuador
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Ms. Daysy Alexandra Cárdenas Bautista
Secondary
Climate Change Adaptation Director
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Ms. Andrea Carolina Pareja Ruiz
Tertiary
Climate Change Adaptation Specialist
Ministry of Planning and Development (Ethiopia)
Ministry of Finance (Ghana)
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Mr. Samuel Arkhurst
Primary
Director, Real Sector Division
P.O.Box MB40, Ministries, Accra, Ghana
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Mrs. Phyllis Fraikue
Secondary
Head. Climate, ESG and EITI Unit, Real Sector Division
P.O.Box MB40, Ministries, Accra, Ghana
Ministry of Environment and Natural Resources (Guatemala)
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Her Excellency Ana Patricia Orantes Thomas
Primary
Minister of Environment and Natural Resources of Guatemala
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
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Ms. Andrea Domenika Fernandez Rodriguez
Operational Focal Point
Head of International Cooperation
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Ministry of Economy and Finance (Paraguay)
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His Excellency Carlos Fernández Valdovinos
Primary
Minister of Economy and Finance
Chile 252 /1220, Asunción, Paraguay
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Ms. Liz Coronel
Secondary
Economic Development Manager of the Vice Ministry of Economy and Planning
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Ms. Gisela Dimodica
Tertiary
General Director of Development Cooperation of the Vice Ministry of Economy and Planning
Ministry of Economy and Finance (Peru)
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Mr. Henry Jr Espinoza Peña
Primary
Director General
Jr. Junin 319 - Cercado de Lima, Lima, Peru
Environment Protection Agency (Sierra Leone)
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Dr. Abu-Bakar Massaquoi
Primary
Executive Chairman
38 Freetown Road, Freetown, Sierra Leone
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Mr. Sheku Kanneh
Secondary
Chief Director
38 Freetown Road, Freetown, Sierra Leone
Ministry of Finance, Planning and Economic Development (Uganda)
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Mr. Ramathan Ggoobi
Primary
Permanent Secretary / Secretary to the Treasury
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Mr. Denis Mugagga
Secondary
Head, Climate Finance Unit
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Mr. Juvenal Muhumuza
Secondary
Ag. Commissioner, Development Assistance and Regional Cooperation Department