| Financier | Commitments |
|---|---|
| Borrower/Recipient | 1.30 |
Humbo and Soddo Community-Based Natural Regeneration Project
Development Objective
The overall goals of this project are the sequestration of carbon in a bio-diverse native forest, and the simultaneous reduction of poverty in the Humbo area of Ethiopia with support of education, health, and food security financed by carbon funds. More specifically, the development objectives can be stated as follows:
1. The restoration of 2,728 hectares of biodiverse natural forest wih expected sequestration of an estimated 200,000 tons of CO2 by 2017;
2. Piloting community ownership and management of community land within a framework of broad core values (carbon sequestration, biodiversity enhancement, natural resource management, povertyreduction);
3. Restoration of habitat for a range of threatened species including the Ethiopian Banana Frog, the Ethiopian Thicke Rat, and the Nechisar Nightjar; and
4. Reduction in soil erosion and land degradatio.
Key Details
Project Details
P098428
Closed
Karin Teixeira Kaechele
N/A
March 13, 2006
(as of board presentation)
November 15, 2007
July 22, 2010
US$ 1.30 million
N/A
2008
US$ 0.00 million
C
Not Applicable
June 30, 2019
BANK APPROVED
December 19, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 1.30 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Highly Satisfactory | 2013-07-19 |
| Counterpart Funding | Satisfactory | 2013-07-19 |
| Progress towards achievement of PDO | Highly Satisfactory | 2013-07-19 |
| Monitoring and Evaluation | Satisfactory | 2013-07-19 |
| Project Management | Satisfactory | 2013-07-19 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Restoration of bio-diverse natural forest Value 0.00 2728.00 2728.00 Date May 30, 2013 May 30, 2013 Comment Sequestration of carbon dioxide Value 0.00 108065.00 200000.00 Date May 30, 2013 December 29, 2017 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Seedlings planted Value 0.00 1009985.00 1298862.00 Date May 30, 2013 December 29, 2017 Comment