Strengthening Sustainable Forest Management and the Development of Bio-energy Markets to Promote Environmental Sustainability and to Reduce Green House Gas Emissions in Cambodia

Initiative

Summary

This is a four-year project running between 2011 and 2015 with the objective to “strengthen national Sustainable Forest Management (SFM) policy, integrate community-based sustainable forest management into policy, planning and investment frameworks and create markets for sustainable bio-energy technologies that reduce CO2 emissions”. Furthermore, the project specifically supports the implementation of the Cambodia REDD+ Roadmap and the development of REDD+ pilot projects.

The project is funded by the Global Environmental Facility's (GEF) Trust Fund (USD 2,363 million) with additional co-financing from UNDP (USD 2,439,500 grant funding and USD 760,000 in kind funding), the Danish International Development Agency (DANIDA - USD 3,000,000 in kind funding), the Forestry Administration (USD 600,000 in kind), and Groupe Energie Renouvelables, Environnement et Solidarités (GERES- USD 800,000 in kind funding). In total the project cost is USD 10,101,635, where GEF funding amounts to USD 2,363 million and co-financing amounts to USD 7,6 million including additional project preparation costs of USD 1,38 million.