Detail of GEF Project #1356

GEF Project ID 1356
IBRD PO ID 74414
Funding Source GEF Trust Fund
Project Name Forest Sector Development Project
Country Vietnam
Region Asia and the Pacific
Focal Area Biodiversity
Operational Program 3; 4
Pipeline Entry Date 2001-07-25
PDF-B Approval Date 2002-03-06
Approval Date 2003-11-21
CEO Endorsement Date 2004-06-02
GEF Agency Approval Date 2004-07-08
Project Completion Date 2011-03-31
Project Status Project Completion
GEF Agency World Bank
Executing Agency Ministry of Agriculture and Rural Development
Description The development objective of the overall World Bank Forest Sector Development Project is poverty alleviation through sustainable forest management, which will be achieved through expansion and better management of Vietnam’s plantation forests and the stimulation of small-scale production forestry, particularly by poor, small-holder farmers. The global environmental objective of the project’s GEF co-financed component is to conserve biodiversity of global significance in Vietnam’s Special Use Forests. This objective will be achieved by: (a) establishing a pilot national SUF financing mechanism (a Conservation Fund) that will provide start-up support, on a competitive basis, to up to 50 poorly-managed SUFs of high biodiversity value to help them design and implement their first conservation management plans; and (b) providing technical assistance support on SUF conservation and management.
Implementation Status The Project was approved by the Board on July 8, 2004. The Development Credit Agreement, GEF Grant Agreement and FSSP-TFF Grant Agreements (for Dutch and Finnish Co-financing of the FSDP) were signed on April 4, 2005. Most conditions of effectiveness have been met, except the signing of the Subsidiary Loan Agreement between the Ministry of Finance (MOF) and the Vietnam Bank for Social Policy (VBSP), which had to await signature of the DCA. It is expected that this condition will be met soon.
PDF B Amount
200,000 USD
GEF Project Grant
9,000,000 USD
GEF Grant
9,200,000 USD
Cofinancing Total
65,590,000 USD
Project Cost
74,790,000 USD
GEF Agency Fees
861,000 USD
GEF Project (CEO Endo.)
9,000,000 USD
Cofinancing Total (CEO Endo.)
65,590,000 USD
Project Cost (CEO Endo.)
74,790,000 USD
Project Documents