WASHINGTON, July 10, 2020 – The World Bank Board of Executive Directors today approved financing for the following project:
Nepal: Forests for Prosperity Project
IDA Credit: US$ 24 million
Terms: Maturity = 38 Years, Grace = 6 Years
Project ID: P170798
Project Description: The Forests for Prosperity project aims to improve sustainable forest management, increase benefits from forests and contribute to net Greenhouse Gas Emission (GHG) reductions in selected municipalities in Province 2 and Province 5 in Nepal.
