Funding Windows of the Bhutan Trust Fund for Environmental Conservation
Overview
The Bhutan Trust Fund for Environmental Conservation (BTF) supports environmental conservation, climate resilience, and sustainable development in Bhutan through four dedicated funding windows:
- Large Grants Window
- Small Grants Window
- Advocacy Grants Window
- Program-Related Investments (PRI) Window
These funding windows are designed to support a wide range of stakeholders from communities and civil society to government agencies and private sector actors at different scales and with different financing approaches.
Safeguards, Accountability, and Oversight
All projects financed through BTF’s endowment resources must comply with the Fund’s Environmental, Social, Gender, and other relevant safeguards. Proposals are expected to demonstrate responsible environmental management, social inclusion, and gender responsiveness.
To ensure transparency and accountability:
- All funded projects are monitored by the Monitoring and Evaluation (M&E) Unit of the BTF Secretariat
- Projects are subject to audit by the Internal Audit Unit or external auditors
- Periodic reporting and compliance reviews are mandatory for all funding windows
ENDOWMENT FUND
Large Grants
Large Grants (Nu.100-120m annually): Nu.15m per
project
Small Grants
Small Grants (Nu.6m annually): Upto Nu. 1m per
project
Advocacy Grant
Advocacy: Based on the nature of the project
Program Related Investment
Program Related Investments: Based on the nature of the project
Sinking Fund
Sinking Fund
Empowering Bhutans Climate Resilience and Environmental Conservation