PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

565611

Primary Business Area

Other

Disclosure Date

Oct 27, 2009

Country

Indonesia

Region

East Asia and the Pacific

IFC Approval Date

Aug 14, 2009

Status

Active

Estimated Total Budget

$3,761,806.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Aug 16, 2009

Project Description

The project works with companies, forest concession holders associations, nongovernmental organizations, public sector agencies, and local governments to increase the area of sustainable forest plantations on degraded lands in Indonesia, and to build capacity across the country’s forestry sector. Objectives include: 1) increasing revenues for commercial forest rehabilitation of degraded grasslands through a combination of traditional and climate-change revenue streams; 2) reducing costs of sustainable plantation management by streamlining best practices at the firm level; and 3) improving the land allocation process at the subnational level, including social engagement, to increase incentives for private sector investment in degraded-lands plantation forestry. Expected impacts over a four-year period include expansion of plantation area on degraded lands by at least 250,000 hectares; employment for over 90,000 people in rural areas; and a reduction of at least 90 million tons of CO2 emissions.