Ministry of Forests and Environment #46492
Created at
2024-11-21
Last update
2024-11-21
2 Parents (Involvements as child)
ID
Name
World Bank
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
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
ID
Name
Government of Nepal
Country of registration/origin
Nepal
Classification
Government
Relationship
Parent company
Parent relation
Local branch of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Nepal
Current intention of investment
For carbon sequestration/REDD Forestry unspecified
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
22 250 ha