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Detail of GEF Project #542
| GEF Project ID | 542 |
| IBRD PO ID | 9568 |
| Funding Source | GEF Trust Fund |
| Project Name | Trust Fund for Environmental Conservation |
| Country | Bhutan |
| Region | Asia and the Pacific |
| Focal Area | Biodiversity |
| Operational Program | 4 |
| Approval Date | 1991-05-01 |
| GEF Agency Approval Date | 1992-05-26 |
| Project Completion Date | 1999-12-31 |
| Project Status | Project Closure |
| Executing Agency | Forestry Department, Nature Conservation Division |
| Description | The trust fund provides reliable recurrent funding for the establishment and management of a national system of protected areas, and development of the institutional and human resource capacities needed to manage the national system. This project is testing the feasibility of a trust fund mechanism for providing long-term, sustainable finance for biological conservation programs in the protected areas. |
| Implementation Status | All the project objectives completed ahead of schedule. These include: (i) the establishment of a viable national system of protected areas and gazettement and management of four priority sites; (ii) development of a model management plan and operational plans for each site; (iii) revision of the forestry training curricula; (iv) institutional reforms and strengthening of the forest service to implement conservation initiatives; and (v) the involvement of local communities in the management of protected areas. Commitments and pledges to the trust fund now exceed $23 million, $3 million over the original target. ICR produced 4/2/98. |
| GEF Project Grant | 10,000,000 USD |
| GEF Grant | 10,000,000 USD |
| Cofinancing Total | 7,570,000 USD |
| Project Cost | 17,570,000 USD |
| GEF Project (CEO Endo.) | 10,000,000 USD |
| Cofinancing Total (CEO Endo.) | 2,000,000 USD |
| Project Documents |
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