FP174

Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic

Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic

  • Status Under implementation
  • Date approved 07 Oct 2021 at B.30
  • Est. completion 05 Feb 2031
  • ESS Category Category B

The Central American Dry Corridor and the arid zones of the Dominican Republic are among the world's most vulnerable tropical regions to the impacts of climate change. Climate projections for the region indicate temperatures will increase and mean annual rainfall will decrease. These changes will be compounded by further changes in the El Niño-La Niña cycle, resulting in prolonged droughts and more frequent and extreme rainfall events across the region. As the Dry Corridor area constitutes a significant portion of Central America’s population and productive life, this will have severe consequences for agriculture and food security in the region.

The programme (implemented with the Central American Bank for Economic Integration) aims to strengthen the adaptive capacity and climate resilience of vulnerable, rural communities, including farmers and entrepreneurs, in the Dry Corridor region of Central America (Guatemala, Honduras, El Salvador, Costa Rica, Nicaragua and Panama) and in the arid zones of the Dominican Republic. Through financing and technical assistance, the programme will encourage private sector participation and create an enabling environment for the investment and uptake of large-scale ecosystem-based adaptation and water/energy-efficient technologies.

Total project value

 

Beneficiaries

 

Direct
1,084,000
Indirect
1,364,044
Theme

Adaptation

Result areas

Project timeline

Pipeline

08 Feb 2019 - 973 days

Concept note received

08 Feb 2019

Funding proposal received

09 Nov 2019

Cleared by GCF Secretariat

16 Dec 2020

Approved

07 Oct 2021 - 852 days

Approved by GCF Board

07 Oct 2021

Cleared by iTAP

07 Oct 2021

Legal opinion on AE's Internal Approval

31 May 2022

FAA executed

14 Nov 2022

Under implementation

05 Feb 2024 - 322 days so far

FAA effective

05 Feb 2024

Disbursement - USD 7,248,244

29 Aug 2024

To be completed

05 Feb 2031 - 2,236 days to go

One region

  • Latin America and the Caribbean

Seven countries

One priority group

  • Small Island Developing States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing4% disbursed

InstrumentAmount
GrantUSD 84,300,000
LoanUSD 60,000,000
GuaranteeUSD 30,000,000
Total GCF Financing
USD 174,300,000

Co-financing

Co-financerInstrumentAmount
Co-FinancingLoanUSD 42,840,000
Co-FinancingIn-kindUSD 9,310,125
Co-FinancingIn-kindUSD 7,000,000
Co-FinancingIn-kindUSD 7,073,737
Co-FinancingIn-kindUSD 10,289,261
Co-FinancingIn-kindUSD 8,333,919
Co-FinancingIn-kindUSD 4,000,000
Co-FinancingIn-kindUSD 5,200,000
Total Co-Financing
USD 94,047,042

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)
Send e-mail

Entity

Central American Bank for Economic Integration
Mr. Manfred Kopper
Primary

Chief Sustainability Officer / Environmental and Social Sustainability Office
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, Honduras
Phone +504 2240 2243
mkopper@bcie.org
Mr. Rubén Avila
Secondary

Climate Funds and ESG Finance Analyst / Environmental and Social Sustainability Office
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, Honduras
Phone +504 2240 2243
avilar@bcie.org
More contacts

National Designated Authority

Costa Rica
Ministry of Environment and Energy
Mr. Carlos Isaac Pérez Mejía Primary
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
Ms. Enid Chaverri Tapia Primary
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
Phone (506) 8307-8679
echaverri@minae.go.cr
Ms. Patricia Campos Mesén Secondary
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Phone (506) 8346-1513
pcampos@minae.go.cr
Dominican Republic (the)
Ministry of Environment and Natural Resources
Ms. Ana Emilia Pimentel Primary
Viceminister of Climate Change and Sustainibility
Ave. Cayetano Germosén esq. Ave. Gregorio Luperón. Ensanche El Pedregal, Santo Domingo, Dominican Republic (the)
El Salvador
Ministry of Environment and Natural Resources (MARN)
His Excellency Mr. Fernando Andrés López Larreynaga Primary
Minister of Environment and Natural Resources
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Ms. Mayra Lourdes Argueta de Ardón Secondary
Director of International Cooperation and Climate Change
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Phone +(503) 2132-9680
Phone +(503) 7850-2469
mayra.argueta@ambiente.gob.sv
rmgarcia@ambiente.gob.sv
Guatemala
Ministry of Environment and Natural Resources
Her Excellency Ana Patricia Orantes Thomas Primary
Minister of Environment and Natural Resources of Guatemala
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Ms. Melanie Mus Figueroa Operational focal point
Head of International Cooperation
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Honduras
Secretary of Energy, Natural Resources, Environment and Mines
His Excellency Lucky Halach Medina Estrada Primary
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras
Nicaragua
Secretariat of Climate Change of the Presidency (SCCP) and Ministry of the Environment and Natural Resources (MARENA)
Her Excellency Heyddy Calderón Palma Secondary
Minister of Environment and Natural Resources
Avenida de Bolivar a Chávez, Costado sur de la Asamblea Nacional, Managua, Nicaragua
Phone 8510-7366
hcalderon@marena.gob.ni
Mr. Javier Gutierrez Ramirez Operational focal point
Viceminister of Environment and Natural Resources and Secretary of Climate Change of the Presidency of the Republic of Nicaragua
Kilómetro 12 ½ Carretera Norte frente a Corporaciones Zona Franca las Mercedes, Managua, Nicaragua
Phone +505 2298-0225
xaviergut@gmail.com
Panama
Ministry of Environment
Mr. Juan Carlos Monterrey Primary
Climate Change Director
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Phone (+ 507) 500-0802
jmonterrey@miambiente.gob.pa
Mr. Ángel Cárdenas Secondary
Head of International Technical Cooperation Office
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Phone (+ 507) 500-0803
acardenas@miambiente.gob.pa