Financing agreement RD3571

Financing

Summary

The Country Programme for Sustainable Forest Land Management in Vietnam is financed through the Global Environment Facility and from a variety of sources of co-financing. 

Total GEF resources comprised USD 7,080,000, requested for the programme's different project components from the World Bank, UNDP and IFAD. Co-financing comprises a total of USD 230,033,650 from a variety of sources, including USD 35,000,000 from the Government of Vietnam, USD 34,700,000 from GEF agencies (the World Bank, IFAD and UNDP), and soft loans and grants from bilateral aid and multilateral agencies (see document attached for a breakdown of the financing arrangements).