FP193

Peruvian Amazon Eco Bio Business Facility (Amazon EBBF)

Peruvian Amazon Eco Bio Business Facility (Amazon EBBF)

  • Status Under implementation
  • Date approved 20 Oct 2022 at B.34
  • Est. completion 10 Mar 2033
  • ESS Category Intermediation 2

Peru is home to a large carbon stock in its diverse ecosystems, including the Amazon rainforest which occupies nearly 60 per cent of its territory. Economic and social development in Peru has been accompanied by a significant increase in greenhouse gas (GHG) emissions related to the deforestation caused by migration from highlands and unsustainable land stewardship practices. 

The objective of this project is to establish an eco-bio-business facility (EBBF) that provides technical assistance and partly reimbursable grant financing for small, community-based eco-bio-businesses (EBBs). EBBs obtain value from the sustainable use of forest resources through activities ranging from sustainable tourism and wildlife management to forestry and agroforestry products. The proposal will reduce the barriers to accessing markets and regular credits by providing a technical assistance facility for training, support, refining business plans, and a reimbursable grant to scale up operations.  

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

16 May 2020 - 888 days

Concept note received

16 May 2020

Funding proposal received

02 Jul 2020

Cleared by GCF Secretariat

21 Jul 2021

Legal opinion on AE's Internal Approval

28 Jun 2022

Cleared by iTAP

28 Sep 2022

Approved

20 Oct 2022 - 142 days

Approved by GCF Board

20 Oct 2022

FAA executed

16 Dec 2022

Under implementation

10 Mar 2023 - 654 days so far

FAA effective

10 Mar 2023

Disbursement - USD 679,131

13 Jul 2023

To be completed

10 Mar 2033 - 3,000 days to go

One region

  • Latin America and the Caribbean

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing8% disbursed

InstrumentAmount
GrantUSD 8,972,400
Total GCF Financing
USD 8,972,400

Co-financing

Co-financerInstrumentAmount
Co-FinancingIn-kindUSD 27,600
Co-FinancingGrantUSD 750,000
Co-FinancingIn-kindUSD 250,000
Total Co-Financing
USD 1,027,600

GCF Contacts

General media inquiries

GCF Communications
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GCF Information Disclosure
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
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Entity

Peruvian Trust Fund for National Parks and Protected Areas
Mr. Anton Willems
Primary

Executive Director
Phone +51 962 835 695
awillems@profonanpe.org.pe
Ms. Claudia Godfrey
Secondary

Director of Development and Supervision
Av. Parque Gonzales Prada N° 396 esquina con Jr. Félix Dibós N° 400, distrito de Magdalena del Mar, provincia y departamento de Lima, Lima, Peru
Phone +511-2181097
cgodfrey@profonanpe.org.pe
More contacts

National Designated Authority

Peru
Ministry of Economy and Finance
Mr. Jose Alfredo La Rosa Basurco Primary
General Director, General Directorate of International Economic Affairs, Competition and Productivity
Jr. Lampa N° 277 - Cercado de Lima,, Lima, Peru
Phone +(511) 311 5930
jlarosa@mef.gob.pe