|
Financed Through |
Local Cost |
Foreign Currency |
Total |
% |
|
|
INR M |
EUR m |
INR m |
EUR m |
||
|
FC Loan |
- |
30.00 |
2,460.22 |
30.00 |
80.73 |
|
FC KfW Funds (6) |
- |
2.00 |
164.00 |
2.00 |
5.38 |
|
Total FC |
- |
32.00 |
2,624.22 |
32.00 |
86.11 |
|
Own Contribution -PEA (HPFD) |
305.29 |
|
305.29 |
3.72 |
10.02 |
|
Own Contribution -Beneificary |
118.13 |
|
118.13 |
1.45 |
3.88 |
|
Total Own Contribution |
423.42 |
- |
423.42 |
5.17 |
13.89 |
|
Total Financing |
423.42 |
32.00 |
3,047.64 |
37.17 |
100.00 |
The overall objective of the envisaged project is “Forest ecosystems in HP are managed in a way, that the risks of climate change and its negative impacts are minimized and/or mitigated, resulting in an increase in biodiversity of the treated Himalayan ecosystems and sustained income in rural areas from sustainable management of natural resources”. The project is expected to lead to reduced forest degradation, increased biodiversity, enhanced income for forest-dependent communities in vulnerable landscapes, increased availability of spring water in treated spring catchment areas and sustainable management of forests in the project area.