Forests for Prosperity Project, Project Management Unit

The government of Nepal and the World Bank launched the Forests for Prosperity Project to advance Sustainable Forest Management (SFM) with loans and grants for US $ 24 million out of which US $ 6.1 million as grant and US $17.9 million as concessional loans.

The project will contribute to transforming Nepal’s forest sector by improving Sustainable Forest Management (SFM), and developing and improving forest-based industries.  The project is supporting 50 municipalities in the Madhesh and Lumbini Provinces.  These activities will result in multiple benefits for forest-dependent people in both Provinces, including inclusive economic benefits, ecosystem services, and climate resilience. It will support strengthening ongoing community-based forest -management and efforts through promoting inclusive sustainable use.