Enabling Implementation of Forest Sector Reform in Georgia to Reduce GHG Emissions from Forest Degradation

  • Mitigation
  • Under implementation
Date approved
21 Aug 2020
Est. completion
23 Sep 2029
ESS Category
Category B
Financing
Public sector
Entity
Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH

Overview

Up to 90 percent of rural households in Georgia rely on fuelwood for their energy needs, most importantly heating during the country’s cold winters. This leads to forest degradation and a reduction of carbon absorption capacity, which is projected to decrease by five times between 1990 and 2030.

This project is designed to reduce greenhouse gas emissions by enhancing carbon sequestration through the introduction of sustainable forest management in three Georgian regions. This includes tackling the pressures of deforestation and the high demand for fuelwood. It will increase the uptake of energy efficient stoves through an innovative combination of market development, along with technical and financial assistance to local stove and alternative fuel producers and customers. The durability of the project will be strengthened by helping beneficiaries adapt to a new forest code and by developing sustainable livelihoods linked to forestry products. 

Result areas

Project timeline

  • Pipeline

    764 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Legal opinion on AE's Internal Approval

    • Cleared by iTAP

  • Approved

    399 days

    • Approved by GCF Board

    • FAA executed

  • Under implementation

    1,727 days so far

    • FAA effective

  • To be completed

    1,196 days to go

    Not started

  • Total project value $ 202 million

  • Tonnes of CO2 equivalent avoided 16.1 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 202 million

Show details

GCF-financing

63% disbursed

  • Grant USD 38,175,958.14
  • Total GCF-financing USD 38,175,958.14

Co-financing

  • Grant USD 137,829,468.19
  • Grant USD 11,641,985.66
  • Grant USD 2,619,446.77
  • Loan USD 12,224,084.94
  • Total co-financing USD 164,314,985.56

Documents

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