World Bank #41507
Created at
2019-10-11
Last update
2024-09-13
0 Parents (Involvements as child)
3 Children (Involvements as parent)
ID
Name
Novacel
Country of registration/origin
Congo, Dem. Rep.
Classification
Private company
Relationship
Beneficiary company
Comment
Carbon credits purchased by the World Bank’s BioCarbon Fund
ID
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Subsidiary company
ID
Name
Ministry of Forests and Environment
Country of registration/origin
Nepal
Classification
Government institution
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
24 000 000
$
Loan date
2021-03-19
Comment
KATHMANDU, March 19, 2021 – The Government of Nepal and the World Bank today signed loan and grant agreements for the $24 million Forests for Prosperity Project ($6.1 million as grant and $17.9 million as concessional loan) that will help Nepal advance sustainable forest management. --The Ministry of Forest and Environment will serve as the implementing agency