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
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.
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
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing4% disbursed
Instrument | Amount |
---|---|
Grant | USD 84,300,000 |
Loan | USD 60,000,000 |
Guarantee | USD 30,000,000 |
Total GCF Financing |
---|
USD 174,300,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 42,840,000 |
Co-Financing | In-kind | USD 9,310,125 |
Co-Financing | In-kind | USD 7,000,000 |
Co-Financing | In-kind | USD 7,073,737 |
Co-Financing | In-kind | USD 10,289,261 |
Co-Financing | In-kind | USD 8,333,919 |
Co-Financing | In-kind | USD 4,000,000 |
Co-Financing | In-kind | USD 5,200,000 |
Total Co-Financing |
---|
USD 94,047,042 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
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GCF Information DisclosureRequest 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
Central American Bank for Economic Integration
Chief Sustainability Officer / Environmental and Social Sustainability Office
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, Honduras
Climate Funds and ESG Finance Analyst / Environmental and Social Sustainability Office
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, Honduras
More contacts
National Designated Authority
Ministry of Environment and Energy
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Ministry of Environment and Natural Resources
Viceminister of Climate Change and Sustainibility
Ave. Cayetano Germosén esq. Ave. Gregorio Luperón. Ensanche El Pedregal, Santo Domingo, Dominican Republic (the)
Ministry of Environment and Natural Resources (MARN)
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
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
Ministry of Environment and Natural Resources
Minister of Environment and Natural Resources of Guatemala
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Head of International Cooperation
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Secretary of Energy, Natural Resources, Environment and Mines
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras
Secretariat of Climate Change of the Presidency (SCCP) and Ministry of the Environment and Natural Resources (MARENA)
Minister of Environment and Natural Resources
Avenida de Bolivar a Chávez, Costado sur de la Asamblea Nacional, Managua, Nicaragua
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
Ministry of Environment
Climate Change Director
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Head of International Technical Cooperation Office
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Documents
Title | Type | Date |
---|---|---|
Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic | Approved funding proposal | 23 Nov 2021 |
Environmental and social safeguards (ESS) report for FP174: Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic | Environmental and Social Safeguards report | 14 Sep 2021 |
Gender action plan for FP174: Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic | Gender action plan | 14 Sep 2021 |
Gender assessment for FP174: Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic | Gender assessment | 14 Sep 2021 |