B.39/07: Consideration of funding proposals
The Board, having considered document GCF/B.39/07 titled “Consideration of funding proposals: Consideration of a request for changes in the scope of funded activity FP037 (“Integrated Flood Management to Enhance Climate Resilience of the Vaisigano River Catchment in Samoa”)”:
Approves, with respect to funded activity FP037 titled “Integrated Flood Management to Enhance Climate Resilience of the Vaisigano River Catchment in Samoa”:
- The cancellation of the construction of flood walls along segments 2 and 3 of the Vaisigano River (activity 2.1), except for penstock protection walls that have already been financed and carried out under the funded activity;
- The cancellation of the construction of flood wall extensions at Leone and Lelata bridges (activity 2.4), except for the flood wall extension to Leone bridge downstream that has already been financed and carried out under the funded activity; and
- The cancellation of Lelata bridge upgrade (activity 2.3), including a cancellation of GCF proceeds in the amount of USD 15,282,008 that were allocated to activities 2.1, 2.3 and 2.4 of the funded activity.