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.

Project Details

GEF Project ID
542
Country
Bhutan
Implementing Agencies
The World Bank
Approval FY
1991
Status
Completed
Region
Asia
Executing Agencies
Forestry Department, Nature Conservation Division
GEF Period
Pilot Phase
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund

Financials

USD
Co-financing Total
2,000,000
GEF Project Grant
10,000,000

Timeline

Concept Approved
01 May 1991
Project Approved for Implementation
01 May 1991
Project Closed
07 Jul 1998