FP050

Bhutan for life

Bhutan for life

  • Status Under implementation
  • Date approved 02 Oct 2017 at B.18
  • Est. completion 05 Oct 2032
  • ESS Category Category B

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.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
35,000
Indirect
110,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

06 Aug 2016 - 423 days

Concept note received

06 Aug 2016

Funding proposal received

04 Feb 2017

Legal opinion on AE's Internal Approval

25 May 2017

Approved

02 Oct 2017 - 369 days

Approved by GCF Board

02 Oct 2017

Cleared by iTAP

02 Oct 2017

FAA executed

11 Jun 2018

Under implementation

05 Oct 2018 - 548 days so far

FAA effective

05 Oct 2018

Disbursement - USD 5,792,037

01 Feb 2019

Completed

05 Oct 2032 - 4,567 days to go

One region

  • Asia-Pacific

One country

One priority group

  • Least Developed Countries
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing5% disbursed

InstrumentAmount
GrantUSD 26,557,354

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGrantUSD 9,400,000
Co-FinancingGrantUSD 28,000,000
Co-FinancingGrantUSD 47,100,000
Co-FinancingGrantUSD 5,000,000
Co-FinancingGrantUSD 2,200,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
Send message

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

World Wildlife Fund, Inc.

David McCauley
Senior Vice President Policy and Government Affairs
1250 24th St. NW, Washington DC, United States
Phone +1 202 293 4800
WWFGCF@wwfus.org
Francesca Laursen
Director

National Designated Authority

Bhutan

Gross National Happiness Commission (GNHC)

Thinley Namgyel
Secretary
Post Box 127, Tashichhodzong Thimphu, Bhutan, Thimphu, Bhutan
Phone +975-2-313176
tnamgyel@gnhc.gov.bt

News + Stories

Forests: A cause of climate concern, and hope

15 Aug 2018 / You don’t know what you’ve got until it’s gone.