World Bank extends PROGREEN trust fund to 2031 for landscape resilience
The World Bank, with Germany, Sweden, and the United Kingdom, extended the PROGREEN multi-donor trust fund to 2031, supporting sustainable landscape management across 76 countries. The high-leverage green finance model is relevant to Indian forest governance and nature-based climate finance efforts.
The World Bank, with development partners Germany, Sweden, and the United Kingdom, extended the PROGREEN multi-donor trust fund to 2031. Originally launched in 2021, PROGREEN supports sustainable and resilient landscape management across 76 countries, focusing on forest economies, biodiversity, and nature-based development. The extension signals renewed international commitment to forest preservation, ecosystem restoration, and nature-based climate solutions, allowing PROGREEN to deepen work in fragile ecosystems, strengthen policy support for governments, and scale up successful forest landscape interventions.
Governments, vulnerable forest-dependent communities, and the World Bank's lending and planning systems are most affected. Forest-based sectors employ roughly 1% of the world's working population and provide carbon sequestration, water security, and erosion control. Since inception, PROGREEN has supported sustainable forest management across nearly 4 million hectares and improved livelihoods for 4 million people, strengthening landscape governance, promoting biodiversity conservation, and encouraging sustainable land use in tropical and climate-sensitive regions where structural support remains critical.
Stakeholders should note that as of mid-2025 PROGREEN manages a portfolio of USD 209 million across 14 investment programs and 96 knowledge programs, integrated into World Bank Group lending to multiply impact. For every USD 1 invested, an average of USD 63 in additional World Bank Group financing is mobilised, demonstrating a high-leverage green finance model. The extended mandate supports policy reforms, institutional strengthening, and capacity-building, which governments and development actors should monitor for climate-resilient development pathways.
Key figure — Leverage ratio: USD 63 mobilised per USD 1 invested
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