Forestry and Value Chains Development, FORVAC

Description What is done in the programme or project and why, what results are pursued, who benefits from the activities and who are involved in the implementation.

The Forestry and Value Chains Development Programme (FORVAC) aims to contribute in increasing economic, social and environmental benefits from forests and woodlands by supporting sustainable utilisation of natural forests and forest value chain. The programme increases income and employment in the communities and among private sector entrepreneurs and supports the development of enabling environment to invest more on the forest resource and to make better use of forests in a sustainable manner. FORVAC also enhances the protection of natural forests ensuring the continuaity of ecological and social benefits as well as ecosystem services gained from the forests. FORVAC’s first phase covers four years (2028-2022) and the budget is 9,95 million Euros. The planned two-year extension phase (2022-2024) was included as an option to the original procurement from the year 2018. The budget for the extension phase is 4,2 million Euros.