Forests for Prosperity Project

The objective of the Forests for Prosperity Project for Nepal is 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. The Project has four components. 1. Policy and capacity building support for new government structures and processes for sustainable forest management component t will provide capacity building for implementation of new roles and responsibilities under the Constitution by respective parts of the government including: (a) Support for federal level forestry institutions; (b) Support to Province 2 and Province 5 to fulfill their assigned roles and responsibilities; (c) Support to the Selected Municipalities for forest development activities. 2. Community-based sustainable forest management and smallholder forest plantations component will improve the productivity and increase the area of natural and plantation forests under community management. 3. Forest Enterprise Improvement and Development component will support the forest product based private sector by improving the enabling conditions and providing access to finance. 4. Project Governance, Monitoring and Learning component will finance the management of the project. The project will support agroforestry and implement soil and water conservation measures to improve sustainable forest management.