FP111

Promoting climate-resilient forest restoration and silviculture for the sustainability of water-related ecosystem services

Promoting climate-resilient forest restoration and silviculture for the sustainability of water-related ecosystem services

  • Status Under implementation
  • Date approved 08 Jul 2019 at B.23
  • Est. completion 23 Nov 2025
  • ESS Category Category B

Improving the provision of water services by increasing the climate resilience of vulnerable coniferous forests

Honduras ranks first on a list of the countries most affected by negative impacts from extreme climate-related events over the last two decades. 

This project will foster a paradigm shift in forest management towards a model that is based on the active participation of local communities and the private sector. It will promote the diversification of livelihoods in rural areas and create enabling conditions to improve the governance and financial stability of the forest sector. Associated benefits include an increase of water security, especially during the dry season; the protection of pine forests; the reduction of emissions through improved forest and land use; and economic and social benefits for households.

This project has an estimated lifespan of 5 years.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
108,000
Indirect
450,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

12 Aug 2017 - 696 days

Concept note received

12 Aug 2017

Funding proposal received

21 Jun 2018

Cleared by GCF Secretariat

11 Apr 2019

Cleared by iTAP

30 May 2019

Approved

08 Jul 2019 - 505 days

Approved by GCF Board

08 Jul 2019

Legal opinion on AE's Internal Approval

23 Dec 2019

FAA executed

20 Jul 2020

Under implementation

23 Nov 2020 - 1,222 days so far

FAA effective

23 Nov 2020

Disbursement - USD 1,292,757

21 Dec 2020

Disbursement - USD 497,584

14 Jun 2021

To be completed

23 Nov 2025 - 605 days to go

One region

  • Latin America and the Caribbean

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing5% disbursed

InstrumentAmount
LoanUSD 10,737,349
GrantUSD 24,262,651
Total GCF Financing
USD 35,000,000

Co-financing

Co-financerInstrumentAmount
Co-FinancingLoanUSD 25,000,000
Co-FinancingGrantUSD 1,500,000
Co-FinancingGrantUSD 17,500,000
Total Co-Financing
USD 44,000,000

GCF Contacts

General media inquiries

GCF Communications
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
Send e-mail

Accredited Entity

Inter-American Development Bank
Ms. Victoria Eugenia Florez Toro
Primary

Chief, Resource Mobilization Division
Ms. Gloria Visconti
Secondary

Lead Climate Change Specialist
1300 New York Avenue NW, Washington, D.C., United States
Phone + 1 (202) 623-1924
gloriav@iadb.org
More contacts

National Designated Authority

Honduras
Secretary of Energy, Natural Resources, Environment and Mines
His Excellency Lucky Halach Medina Estrada Primary
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras