| Financier | Commitments |
|---|---|
| Strategic Climate Fund Credit | 17.90 |
| Strategic Climate Fund Grant | 6.10 |
Forests for Prosperity Project
Abstract*
The objective of the Forests for Prosperity Project for Nepal is to improve sustainable forest management; increase benefits from forests and contribute to net Greenhouse Gas Emission (GHG) reductions in selected municipalities in Province 2 and Province 5 in Nepal. The Project has four components. 1. Policy and capacity building support for new government structures and processes for sustainable forest management component t will provide capacity... Show More
Development Objective
The Project Development Objective (PDO) is to improve sustainable forest management; increase benefits from forests and contribute to net Greenhouse Gas Emission (GHG) reductions in selected municipalities in Province 2 and Province 5 in Nepal.
Key Details
Project Details
P170798
Active
Meerim Shakirova
Ministry of Finance
May 28, 2019
(as of board presentation)
July 8, 2020
July 16, 2021
US$ 24.00 million
Ministry of Forests and Environment
2021
US$ 24.00 million
N/A
April 9, 2024
July 16, 2026
No
BANK APPROVED
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 | 24.00 |
| Total Project Cost** | 24.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 8, 2020 | TF-B2488 | Loan Commitment | 17,900,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-11-18 |
| Financial Management | Moderately Satisfactory | 2024-11-18 |
| Monitoring and Evaluation | Moderately Satisfactory | 2024-11-18 |
| Project Management | Satisfactory | 2024-11-18 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-11-18 |
| Procurement | Moderately Satisfactory | 2024-11-18 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
People in targeted forest and adjacent communities with increased monetary or non-monetary benefits from forests Value 0.00 88413.00 110000.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Net GHG emissions reduced Value 0.00 0.00 17740000.00 Date May 13, 2020 May 8, 2024 May 13, 2026 Comment Share of project beneficiaries with rating “Satisfied’ or above on project interventions (livelihoods, forest management, other) Value 0.00 0.00 80.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Forest area brought under management plans Value 0.00 7214.00 15900.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Policy and regulatory reforms supported at federal, state and municipal levels supporting SFM Value 0.00 31.00 50.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Forest area under CBFM Value 530000.00 531748.96 545000.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Annual participation of stakeholders in project governance Value 0.00 7300.00 5000.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Timber and non-timber forest enterprises registered Value 0.00 0.00 0.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Local governments with approved land-use plans and/or strategic forest sector plans Value 0.00 0.00 50.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Poor households with land allocation inside CBFM areas Value 0.00 0.00 650.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Documents, including studies, stories and surveys produced and shared with open access. Value 0.00 0.00 30.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Roundwood supplied from CBFM areas Value 0.00 0.00 0.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Awareness of the federal forest sector structure Value 0.00 0.00 0.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Private smallholder plantations area Value 0.00 13.55 5000.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Increase in number of women with skilled jobs in the forestry value chain Value 0.00 0.00 50.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Quality of services provided by local government to communities and forest-based enterprises Value 0.00 0.00 80.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Area of public land managed by disadvantaged/poor groups for plantation/agroforestry Value 0.00 10.03 1350.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment Finance provided for establishing or improving FBEs Value 0.00 0.00 6000000.00 Date May 13, 2020 April 8, 2024 May 13, 2026 Comment