The purpose of this operation is to reduce deforestation and forest degradation in Guaviare by establishing a viable, locally driven forest-based economic model based on timber, which assigns real economic value to standing forests. By strengthening Sustainable Forest Management through empowered local organizations, improved market access, increased value-added processing, and demand-oriented value chains, the proposal aims to shift control and benefits from intermediaries to local communities. In doing so, it seeks to integrate forests into regional development planning as a competitive and sustainable economic asset, enhancing livelihoods, reinforcing governance, and positioning the forest economy as a cornerstone of Guaviare's long-term territorial competitiveness and development.
Project Detail
Country
Colombia
Project Number
CO-T1855
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
ENVIRONMENT AND NATURAL DISASTERS
Subsector
FOREST RESOURCES MANAGEMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 2,950,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 1,475,000.00