| Financier | Commitments |
|---|---|
| Global P'ship for Sust. and Resilient Landscapes - PROGREEN | 12.00 |
Additional Financing for Forests for Prosperity
Abstract*
This Project seeks approval for an Additional Financing (AF) of a US$12 million grant from the PROGREEN Trust Fund to the Government of Nepal (GoN) for the ongoing “Forests for Prosperity” Project (FPP) (P170798). The proposed AF will cover a financing gap under Component 2 linked to community-based sustainable forest management and smallholder forest plantations. Furthermore, the project paper proposes a restructuring to improve the project design... Show More
Development Objective
The revised PDO is as follows: “To improve sustainable forest management, increase benefits from forests, and contribute to net Greenhouse Gas Emission (GHG) reductions in selected municipalities in participating provinces in Nepal.”
Key Details
Project Details
P181002
Active
Meerim Shakirova
Ministry of Finance
June 10, 2024
(as of board presentation)
October 8, 2024
N/A
US$ 0.00 million
Ministry of Forests and Environment
2025
US$ 12.00 million
N/A
July 15, 2024
July 16, 2026
TBD
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 | 12.00 |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.