Project profile — World Bank BioCarbon Plus Fund



Overview 

CA-3-M013504001
$4,500,000
IBRD Trust Funds - World Bank (44001)
2011-03-29 - 2022-06-30
Terminating
Global Affairs Canada
YFMInternaAssistPartnershp&Programing Br

Country / region 

• Africa, regional (25.00%)
• America, regional (25.00%)
• Asia, regional (25.00%)
• Europe, regional (25.00%)

Sector 

• Agriculture: Agricultural development (31120) (50.00%)
• Forestry: Forestry development (31220) (50.00%)

Policy marker 

• Gender equality (not targeted)
• Environmental sustainability (cross-cutting) (significant objective)
• Participatory development and good governance (significant objective)
• Trade development (not targeted)
• Biodiversity (significant objective)
• Climate change mitigation (principal objective)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (significant objective)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (significant objective)

Description 

Canada’s fast-start financing provided to the World Bank BioCarbonplus Fund supports capacity building and technical assistance to BioCarbonplus Fund projects on forests and agriculture. Specifically, BioCarbonplus activities build capacity to facilitate and develop projects that contribute to reduced greenhouse gas emissions, improved quality of life for local communities and strengthened poverty alleviation efforts.

Expected results 

N/A

Results achieved 

Results achieved as of June 2019 include: (1) completed studies and strategies on reducing greenhouse gas emissions and improving forest and agriculture-based livelihoods in Colombia, Costa Rica, Ethiopia, Vietnam and Zambia; (2) completed the monitoring and verification of greenhouse gas emission reduction in sustainable forestry programs; and (3) shared expertise and results gained from forestry programs at over 17 climate change and forestry conferences, meetings and forums.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners