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Good practice

Bhutan for Life — Project Finance for Permanence (Bhutan)

Bhutan · Thimphu · See the Bhutan profile

Asia's first 'Project Finance for Permanence' secures 1.1 M ha of protected Himalayan forest in Bhutan via a USD 118 M public-private fund (2017–2032). Forests store 240 M tCO2e; Bhutan is carbon-negative; tiger population rose ≥20% by 2024.

1.1M ha
Protected forest secured
USD 118M
Transition fund size (2017–2032)
240M tCO2e
Carbon stored in protected forests
+20%+
Tiger population change (by 2024)

Details

Maturity
Established
Promoter
WWF / Royal Government of Bhutan (RGoB)
Period
2017-present
Keywords
Himalayan forest, biodiversity, watershed, carbon, conservation trust

Context

Bhutan for Life is Asia's first 'Project Finance for Permanence' arrangement, securing long-term financing (2017–2032) for Bhutan's protected-area network through a single-close USD 118 million transition fund blending public and private capital.

Results

The mechanism secures 1.1 million ha of protected Himalayan forest storing an estimated 240 million tCO2e; Bhutan remains carbon-negative and its tiger population rose by at least 20% by 2024.

Implementation

Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.

Data sources

Where this practice's information was retrieved from, and when.

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