Finance landscape
Funding sources
Multilateral climate funds, development banks, bilateral partners and domestic resources that finance climate action in Bhutan.
Figures as of 21 October 2026
Multilateral climate funds and development banks
23 sources · USD 61.2m
-
USD 33.7m55.1%Share of committed climate finance
Green Climate Fund
GCF · 14 projects · GNHCS; DMDF; MoFAgricultureForestryCross CuttingTransport -
USD 18.3m29.8%Share of committed climate finance
Asian Development Bank
ADB · 8 projects · NHDCL; DGPC & BPC; PT & NHCDLEnergy-efficiencyWaterSanitationEnergy -
USD 5.6m9.1%Share of committed climate finance
Global Environment Facility
GEF · 13 projects · GNHCS; DPBP; MoFAgricultureLivestockForestryWater -
USD 2.4m3.9%Share of committed climate finance
AFoCO
4 projects · DoFPS; Department of Forests and Park Services (DoFPSForestry -
USD 500k0.8%Share of committed climate finance
WWF
6 projects · DoFPS; MoENR; Bumthang Forest DivisionConservationForestryCross CuttingWater -
USD 449k0.7%Share of committed climate finance
SAARC Development Fund (SDF)
1 project · Bhutan Ecological Society (BES)Energy / Waste -
USD 200k0.3%Share of committed climate finance
KBF
1 project · NBC; MoALBiodiversityCross Cutting -
USD 90k0.1%Share of committed climate finance
Asian Food and Agriculture Cooperation Initiative (AFACI)
1 project · National Soil Services Centre (NSSC)Agriculture -
USD 59k0.1%Share of committed climate finance
AFoCO / UNEP
1 project · DoFPSForestry -
——Share of committed climate finance
Adaptation Fund
AF · 11 projects · DoW; MoENR; MoITWaterAgricultureCross CuttingInvasive Species Control -
——Share of committed climate finance
Coalition for Disaster Resilient Infrastructure
CDRI · 1 project · MoITUrban ResilienceCross Cutting -
——Share of committed climate finance
Climate Investment Funds
CIF · 1 project · DoW; MoENR; MoITWaterCross Cutting -
——Share of committed climate finance
Global Agriculture and Food Security Program
GAFSP · 3 projects · DoA; MoALAgricultureLivestockForestryNbS -
——Share of committed climate finance
Global Tiger Innovation Fund (WWF-Australia)
1 project · WWF-BhutanConservation -
——Share of committed climate finance
International Fund for Agricultural Development
IFAD · 2 projects · DoA; MoALAgricultureLivestockForestry -
——Share of committed climate finance
IFAD Loan
1 project · PMU; NLRC; BFDA KILAgriculture -
——Share of committed climate finance
IKI
1 project · WWF-Bhutan and DoFPS; MoENR; Tarayana FoundationBiodiveristy -
——Share of committed climate finance
Institute for Global Environmental Strategies (IGES)
2 projects · Thimphu Thromde; Paro Dzongkhag Administration; Paro MunicipalWaste -
——Share of committed climate finance
International Fund for Agriculture Development (IFAD)
1 project · Office of the Program Management; Ministry of Agriculture and Livestock; Co-located at ARDC-WengkharAgriculture -
——Share of committed climate finance
MAF
1 project · DOE; MoENR; MoHEnergy -
——Share of committed climate finance
World Bank
WB · 5 projects · MoAL; MoENR; BFDAAgriculture/ ForestryCross-cutting – Climate ChangeDisaster Risk ManagementTransport -
——Share of committed climate finance
WBG
1 project · DGPC; MoENREnergy -
——Share of committed climate finance
World Bank
1 project · DHS; MoITTransportWaterInfrastructureCross Cutting
Bilateral partners
5 sources
-
——Share of committed climate finance
Bhutan Foundation
9 projects · Zhemgang District administration & Khengrig Namsum Cooperative; Department of Forest and Park Services; Nature Conservation Division & Thimphu DzongkhagCross CuttingAgricultureLivelihoodConservation -
——Share of committed climate finance
BTFEC
18 projects · Sherubtse College; Royal University of Bhutan; Trashigang Divisional ForestBiodiversity ConservationForestryWasteCross-cutting: Agriculture -
——Share of committed climate finance
EU
147 projects · MoHA; Chhoekhor; TangCross Cutting -
——Share of committed climate finance
GoI
8 projects · MoIT; NCHM; MoENRCross Cutting -
——Share of committed climate finance
JICA
14 projects · NCHMDisaster Risk ReductionWaterSanitationEnvironment
Other sources
3 sources
Committed amounts count approved, ongoing and completed national projects. Project counts include proposals in preparation. Total across all sources: USD 61.2m from 275 projects.