FP132
Enabling Implementation of Forest Sector Reform in Georgia to Reduce GHG Emissions from Forest Degradation
Enabling Implementation of Forest Sector Reform in Georgia to Reduce GHG Emissions from Forest Degradation
Up to 90 percent of rural households in Georgia rely on fuelwood for their energy needs, most importantly heating during the country’s cold winters. This leads to forest degradation and a reduction of carbon absorption capacity, which is projected to decrease by five times between 1990 and 2030.
This project is designed to reduce greenhouse gas emissions by enhancing carbon sequestration through the introduction of sustainable forest management in three Georgian regions. This includes tackling the pressures of deforestation and the high demand for fuelwood. It will increase the uptake of energy efficient stoves through an innovative combination of market development, along with technical and financial assistance to local stove and alternative fuel producers and customers. The durability of the project will be strengthened by helping beneficiaries adapt to a new forest code and by developing sustainable livelihoods linked to forestry products.
Project timeline
Pipeline
20 Jul 2018 - 764 days
Concept note received
20 Jul 2018
Funding proposal received
13 Aug 2019
Cleared by GCF Secretariat
26 Mar 2020
Legal opinion on AE's Internal Approval
09 Jun 2020
Cleared by iTAP
28 Jul 2020
Approved
21 Aug 2020 - 399 days
Approved by GCF Board
21 Aug 2020
FAA executed
02 Aug 2021
Under implementation
23 Sep 2021 - 1,060 days so far
FAA effective
23 Sep 2021
Disbursement - USD 4,899,737
07 Feb 2022
Disbursement - USD 5,600,477
25 May 2023
Disbursement - USD 7,793,563
23 Apr 2024
To be completed
23 Sep 2028 - 1,498 days to go
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Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing52% disbursed
Instrument | Amount |
---|---|
Grant | USD 35,450,401 |
Total GCF Financing |
---|
USD 35,450,401 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Grant | USD 127,989,189 |
Co-Financing | Grant | USD 10,810,810 |
Co-Financing | Grant | USD 2,432,432 |
Co-Financing | Loan | USD 11,351,351 |
Total Co-Financing |
---|
USD 152,583,783 |
GCF Contacts
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Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
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Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
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Accredited Entity
![](https://www.greenclimate.fund/sites/default/files/organisation/logo-giz.png)
Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH
Head of GCF Business Development Unit
Dag-Hammarskjold-Weg 1-5, Eschborn, Germany
Head of GCF Oversight Unit
Dag-Hammarskjold-Weg 1-5 65760 Eschborn, Germany, Eschborn, Germany
More contacts
National Designated Authority
Ministry of Environmental Protection and Agriculture
Deputy Minister
6, Marshal Gelovani Avenue, Tbilisi, Georgia
Head, Climate Change Division
6, Marshal Gelovani Avenue, Tbilisi, Georgia