Development cooperation

Forestry and Value Chains Development, FORVAC

Description

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.

Funding decision

4 200 000 €

Objectives monitored by OECD's Development Assistance Committee

  • Trade development
  • Aid to environment
  • Climate change - mitigation
  • Climate change - adaptation
  • Participatory development/Good governance

Field of activity

  • Forestry policy and administrative management 50%
  • Forestry development 50%

Funding channel

FCG International Ltd

Contact

ali-20

Code for the object of funding

28235796

ID

UHA2021-005675

Modified

10.01.2022