CCCFL - GUIZHOU FORESTRY

Promoteur – Intermédiaire Financier

PUBLIC ENTITY(IES)

Lieu

• Chine

Description

The project is to afforest 4,800 ha of abandoned agricultural land and to rehabilitate 9,600 ha of degraded forest land so as to establish ecological barriers in the environmentally vulnerable catchment areas of the Yangtze and Pearl Rivers in Guizhou Province, China. The total project area is 14,400 ha. The project is an allocation under the China Climate Change Framework Loan (2006-0086).

Objectifs

The project promotes sequestration of carbon through biological growth of sustainably managed forests. Climate adaptation is addressed by increasing forest cover and building forest root systems that stabilise soil and increase soil water-retention capacity in vulnerable areas so as to combat landslides and soil erosion.

Secteur(s)

• Agriculture, pêche, sylviculture - Agriculture, sylviculture et pêche

Montant BEI envisagé (montant approximatif)

EUR 25 million

Coût total (montant approximatif)

EUR 50 million

Aspects environnementaux

The project improves environmental sustainability of the catchment areas of the Yangtze and Pearl Rivers through planting new forests on abandoned marginal land (4,800 ha) and rehabilitating degraded forest land (9,600 ha) in Guizhou Province, China. The project imposes environmentally and socially sustainable forest management and supports related capacity building. It is expected to generate income and employment for rural people and reduce pressure for rural emigration. The environmental impact assessment (EIA) was completed in December 2014.

Passation des marchés

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Statut

Approuvé - 2/02/2016