FP236

Basin Approach for Livelihood Sustainability through Adaptation Strategies (BALSAS)

Basin Approach for Livelihood Sustainability through Adaptation Strategies (BALSAS)

The Balsas Basin in Mexico is one of the country's most marginalised areas, making it highly vulnerable to climate change. Increasingly erratic rainfall and extended dry seasons are reducing agricultural productivity and degrading natural resources, leading to more frequent flooding, crop damage, and droughts, which further decrease crop yields. Despite considerable efforts by the government, including a strong tradition of payments for ecosystem services (PES) schemes, addressing these climate impacts remains challenging due to financial and institutional constraints. Integrating climate vulnerability systematically into territorial plans remains a key opportunity for improvement.

To address these challenges and take advantage of identified opportunities, this project will transform rural development incentives by emphasising the conservation of forest resources and strengthening of local institutions and capacities. Additionally, it will prioritise bottom-up decision-making and value chain development to ensure social inclusion and empower women, youth, and indigenous peoples.

This approach to climate-resilient production and sustainable land use will improve the livelihood resilience of the most vulnerable rural communities while conserving ecosystems in the Balsas Basin.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
201,867
Indirect
3,107,344
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

21 Jul 2021 - 1094 days

Concept note received

21 Jul 2021

Funding proposal received

18 Apr 2023

Cleared by GCF Secretariat

30 Apr 2024

Cleared by iTAP

16 Jul 2024

Approved

18 Jul 2024 - 128 days so far

Approved by GCF Board

18 Jul 2024

Legal opinion on AE's Internal Approval

12 Nov 2024

Under implementation

To be completed

One region

  • Latin America and the Caribbean

One country

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

GCF financing

InstrumentAmount
LoanUSD 10,000,000
GrantUSD 19,500,000
LoanUSD 10,000,000
Total GCF Financing
USD 39,500,000

Co-financing

Co-financerInstrumentAmount
Co-FinancingLoanUSD 38,453,000
Co-FinancingGrantUSD 7,000,000
Co-FinancingGrantUSD 6,000,000
Total Co-Financing
USD 51,453,000

GCF Contacts

General media inquiries

GCF Communications
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

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)
Send e-mail

Entity

International Fund for Agricultural Development
Dr. Jyotsna Puri
Primary

Associate Vice-President, Strategy and Knowledge Department (SKD)
Via Paolo di Dono, 44, Rome, Italy
Phone +39 06 5459 2109
j.puri@ifad.org
Mr. Pierre-Yves Guedez
Secondary

Senior Climate Finance Specialist, Environment, Climate, Gender and Social Inclusion Division (ECG)
Via Paolo di Dono, 44, Rome, Italy
More contacts

National Designated Authority

Mexico
Ministry of Finance and Public Credit, Unit of Public Credit and International Affairs
Ms. Laura Elisa Aguirre Téllez Primary
Director General of International Fora and Sustainable Financing
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Ms. H. Gabriela Niño Gómez Secondary
Director of Sustainable Financing
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Phone +52 55 3688 1854
herandy_nino@hacienda.gob.mx
Ms. A. Astrid Morales Rivera Tertiary
Deputy Director of Climate Change
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Phone (+52) 55 3688 1833
angelica_morales@hacienda.gob.mx
Ms. Karla Martínez Casas Tertiary
Deputy Director of International Fora
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Phone +52 55 3688 2615
karla_martinez@hacienda.gob.mx