| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 4.08 |
| Borrower/Recipient | 1.50 |
| Local Communities | 0.30 |
Sustainable Financing for Biodiversity Conservation and Natural Resources Management
Abstract*
The development objective of the Sustainable Financing for Biodiversity Conservation and Natural Resources Management Project for Bhutan is to improve the operational effectiveness and institutional sustainability of the Bhutan Trust Fund for Environmental Conservation (BTFEC). There are three components to the project. The first component of the project is enhancing the operational effectiveness and sustainability of BTFEC. The second component of... Show More
Development Objective
The project development objective (PDO) is to improve the operational effectiveness and institutional sustainability of the Bhutan Trust Fund for Environmental Conservation. The PDO is also the global environmental objective (GEO).
Key Details
Project Details
P127490
Closed
Nathalie Weier Johnson
Royal Government of Bhutan
December 9, 2011
(as of board presentation)
May 15, 2013
November 4, 2013
US$ 5.88 million
Bhutan Trust Fund for Environmental Conservation
2013
US$ 4.08 million
B
Not Applicable
December 31, 2018
Yes
BANK APPROVED
July 9, 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 | 4.08 |
| Total Project Cost** | 5.88 |
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 |
|---|---|---|
| Procurement | Satisfactory | 2018-12-16 |
| Overall Implementation Progress (IP) | Satisfactory | 2018-12-16 |
| Summary Global Objective Rating | Satisfactory | 2018-12-16 |
| Counterpart Funding | Satisfactory | 2018-12-16 |
| Project Management | Satisfactory | 2018-12-16 |
| Financial Management | Satisfactory | 2018-12-16 |
| Monitoring and Evaluation | Satisfactory | 2018-12-16 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-26-2019 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 11-20-2019 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | Not Rated | N/a |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Areas brought under enhanced biodiversity protection (ha) Value 0.00 900000.00 150000.00 Date February 20, 2013 December 31, 2018 Comment PDO- Indicator 2: Disbursements of total financial resources for activities approved by BTFEC increased Value 800000.00 1200000.00 160000.00 Date June 30, 2012 December 31, 2018 Comment Land area where sustainable land mgt. practices were adopted as a result of proj Value 0.00 5000.00 1000.00 Date February 20, 2013 December 31, 2018 Comment Direct project beneficiaries Value 0.00 1000.00 400.00 Date February 20, 2013 December 31, 2018 Comment Female beneficiaries Value 0.00 46.00 35.00 Date February 20, 2013 July 30, 2016 Comment PDO - Indicator 3: M&E system that effectively monitors grant implementation established Value No data on outcomes M&E system operational Testing and adapting of M&E System Date February 20, 2013 December 31, 2018 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Component 1: Indicator 1: BTFEC's strategic plan effectively implemented Value Prioritized Strategic Plan 2010-2015 40% implemented 75% implemented Date February 20, 2013 December 31, 2018 Comment Component 1: Indicator 2: BTFEC fund raising strategy developed and new financial instruments identified Value No strategy fund raising strategy in place Fund raising strategy in place Date February 20, 2013 December 31, 2018 Comment Component 2: Indicator 1: Total financial resources for conservation activities in HANAS increased Value 300000.00 2800000.00 800000.00 Date February 20, 2013 December 31, 2018 Comment Govt institutions provided w/ capacity buildg to improve mgt of forest resources Value 0.00 3.00 1.00 Date February 20, 2013 December 31, 2018 Comment Forest users trained Value 0.00 1000.00 400.00 Date February 20, 2013 December 31, 2018 Comment Forest users trained - Female Value 0.00 500.00 140.00 Date February 20, 2013 December 31, 2018 Comment Forest users trained - Ethnic minority/indigenous people Value 0.00 0.00 0.00 Date February 20, 2013 December 31, 2018 Comment Component 3: Indicator 1: At least 5 best practices or experiences of mainstreaming conservation and sustainable forest and NR management documented Value 0.00 5.00 1.00 Date February 20, 2013 December 31, 2018 Comment Component 3: Indicator 2: Number of officials participating in capacity building activities for mainstreaming conservation into national development planning Value 0.00 30.00 5.00 Date February 20, 2013 December 31, 2018 Comment