Loading.....

Detail of GEF Project #542

GEF Project ID542
IBRD PO ID9568
Funding SourceGEF Trust Fund
Project NameTrust Fund for Environmental Conservation
CountryBhutan
RegionAsia and the Pacific
Focal AreaBiodiversity
Operational Program4
Approval Date1991-05-01
GEF Agency Approval Date1992-05-26
Project Completion Date1999-12-31
Project StatusProject Closure
GEF AgencyWorld Bank
Executing AgencyForestry Department, Nature Conservation Division
DescriptionThe 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 StatusAll 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

    Related Links: Country Profile | Project Search