Enabling Implementation of Forest Sector Reform in Georgia to Reduce GHG Emissions from Forest Degradation (GCF-GEORGIAFORESTSECTOR)

Countries
  • Georgia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 38.43 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 32.79 million
Converted using 2020-07-28 exchange rate.
Project Cost (USD)
$ 208.23 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 177.69
Converted using 2020-07-28 exchange rate.
Bank Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Jul 29, 2020

Disclosed by Bank Jul 28, 2020


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Project Description

According to the Fund's website, the project provides funding to the GIZ to finance the establishment of sustinable forest management system in Georgia.

 

Investment Description
  • Green Climate Fund (GCF)
Contact Information

ACCESS TO INFORMATION

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