FP111
Promoting climate-resilient forest restoration and silviculture for the sustainability of water-related ecosystem services
Promoting climate-resilient forest restoration and silviculture for the sustainability of water-related ecosystem services
Improving the provision of water services by increasing the climate resilience of vulnerable coniferous forests
Honduras ranks first on a list of the countries most affected by negative impacts from extreme climate-related events over the last two decades.
This project will foster a paradigm shift in forest management towards a model that is based on the active participation of local communities and the private sector. It will promote the diversification of livelihoods in rural areas and create enabling conditions to improve the governance and financial stability of the forest sector. Associated benefits include an increase of water security, especially during the dry season; the protection of pine forests; the reduction of emissions through improved forest and land use; and economic and social benefits for households.
This project has an estimated lifespan of 5 years.
Project timeline
Pipeline
12 Aug 2017 - 696 days
Concept note received
12 Aug 2017
Funding proposal received
21 Jun 2018
Cleared by GCF Secretariat
11 Apr 2019
Cleared by iTAP
30 May 2019
Approved
08 Jul 2019 - 505 days
Approved by GCF Board
08 Jul 2019
Legal opinion on AE's Internal Approval
23 Dec 2019
FAA executed
20 Jul 2020
Under implementation
23 Nov 2020 - 1,491 days so far
FAA effective
23 Nov 2020
Disbursement - USD 1,292,757
21 Dec 2020
Disbursement - USD 497,584
14 Jun 2021
To be completed
23 Nov 2025 - 336 days to go
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Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing5% disbursed
Instrument | Amount |
---|---|
Loan | USD 10,737,349 |
Grant | USD 24,262,651 |
Total GCF Financing |
---|
USD 35,000,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 25,000,000 |
Co-Financing | Grant | USD 1,500,000 |
Co-Financing | Grant | USD 17,500,000 |
Total Co-Financing |
---|
USD 44,000,000 |
GCF Contacts
General media inquiries
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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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Entity
Inter-American Development Bank
Chief, Resource Mobilization Division
1300 New York Avenue, NW, 20577., Washington DC, United States
Lead Climate Change Specialist
1300 New York Avenue NW, Washington, D.C., United States
More contacts
National Designated Authority
Secretary of Energy, Natural Resources, Environment and Mines
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras