Sustainable Financing for Biodiversity Conservation and Natural Resources Management

Project Summary

To improve the operational effectiveness and institutional sustainability of the Bhutan Trust Fund for Environment Conservation (BTFEC)

Project Details

GEF Project ID
Project Type
Full-size Project
Project Approved
Focal Areas
Funding Source
GEF Trust Fund
Implementing Agencies
The World Bank
Executing Agencies
Bhutan Trust Fund for Environmental Conservation (BTFGEC); Ministry of Agriculture and Forests (including Departments of Forestry, Livestock and Agriculture);World Wide Fund for Nature (WWF);Local Communities
GEF Period:
GEF - 5
Approval Fiscal Year:


Project Preparation Grant Amount
130,000 USD
GEF Project Grant
4,080,000 USD
Co-financing Total
12,328,000 USD
GEF Agency Fees
408,000 USD
Total Cost 16,538,000.00 USD

Project Timeline

Received by GEF
22 Jul 2011
Preparation Grant Approved
23 Aug 2011
Concept Approved
01 Nov 2011
Project Approved for Implementation
10 Apr 2013
Project closed