FP183
Inclusive Green Financing Initiative (IGREENFIN I): Greening Agricultural Banks & the Financial Sector to Foster Climate Resilient, Low Emission Smallholder Agriculture in the Great Green Wall (GGW) countries - Phase I
Inclusive Green Financing Initiative (IGREENFIN I): Greening Agricultural Banks & the Financial Sector to Foster Climate Resilient, Low Emission Smallholder Agriculture in the Great Green Wall (GGW) countries - Phase I
Countries covered by the ambitious Great Green Wall initiative to reverse land degradation in Africa are among the world’s poorest and most climate vulnerable. Climate shocks are causing a loss of assets, crops and livestock; disruptions to value chains; and soaring food prices. Projections indicate persistent agricultural strain - as rainfall levels are set to continue declining while temperatures increase.
This cross-cutting programme will enhance access to credit and technical assistance for local farmers, farmers’ organisations, cooperatives and micro and small sized enterprises. This will help them implement climate-resilient and low-emission agriculture and agroforestry. This programme covers 11 countries in the Great Green Wall, in addition to Côte d’Ivoire and Ghana. A major aim of the initiative is to build greater coherence and complementarity of climate action in Africa.
Project timeline
Pipeline
10 Jul 2020 - 628 days
Concept note received
10 Jul 2020
Funding proposal received
30 Mar 2021
Cleared by iTAP
28 Mar 2022
Approved
29 Mar 2022 - 673 days
Approved by GCF Board
29 Mar 2022
Legal opinion on AE's Internal Approval
31 Mar 2022
FAA executed
01 Apr 2022
Under implementation
30 Jan 2024 - 297 days so far
FAA effective
30 Jan 2024
Disbursement - USD 4,486,196
25 Mar 2024
To be completed
30 Jan 2030 - 1,896 days to go
One region
- Africa
Thirteen countries
- Burkina Faso
- Chad
- Côte d'Ivoire
- Djibouti
- Eritrea
- Ethiopia
- Ghana
- Mali
- Mauritania
- Niger (the)
- Nigeria
- Senegal
- Sudan
Two priority groups
- Least Developed Countries
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing4% disbursed
| Instrument | Amount |
|---|---|
| Loan | USD 78,442,205 |
| Grant | USD 32,284,399 |
| Total GCF Financing |
|---|
| USD 110,726,605 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 27,803,594 |
| Co-Financing | Grant | USD 15,688,441 |
| Co-Financing | Loan | USD 12,201,484 |
| Co-Financing | Loan | USD 13,073,700 |
| Co-Financing | Loan | USD 8,715,800 |
| Total Co-Financing |
|---|
| USD 77,483,022 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
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
International Fund for Agricultural Development
Associate Vice-President, Strategy and Knowledge Department (SKD)
Via Paolo di Dono, 44, Rome, Italy
Senior Climate Finance Specialist, Environment, Climate, Gender and Social Inclusion Division (ECG)
Via Paolo di Dono, 44, Rome, Italy
More contacts
National Designated Authority
Prime Ministry
Policy Officer
Policy Officer
Ministry of the Environment, Fisheries and Sustainable Development
Expert Environmentaliste
Avenue Idriss Miskine, N’djamena, Chad
Minister's Office, Ministry of Environment and Sustainable Development
Public Policy, Climate Change and Ecological Transition Expert / Technical Advisor to the Minister in charge of International Cooperation and Resource Mobilization
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Abidjan, Cote d'Ivoire
Deputy Director of Climate Change
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Cote d'Ivoire
Ministry of Housing, Urban Development and Environment
Secretary General
P.O.Box:11, Djibouti, Djibouti
Minister of Urbanism, Environment and Tourism
Zone Industrielle Sud , Commune de bouloa, Djibouti, Djibouti
Ministry of Land, Water and Environment
Minister
P.O. Box 976, Asmara, Eritrea
Ministry of Planning and Development
Director, Economic Analysis and Policy
Gulele Sub-city, Woreda 1, Addis Ababa, Ethiopia
Ministry of Finance
Ag. Director, Climate Financing Division
P.O.Box MB40, Ministries, Accra, Ghana
Phone +233244152226
aquansah@mofep.gov.gh
romensah@mofep.gov.gh
jsmith@mofep.gov.gh
fgyamfi@mofep.gov.gh
aasante@mofep.gov.gh
The Environment and Sustainable Development Agency
Head of department financial resources mobilization
Cite Administrative – Batiment No. 7 – BP: 1634, Bamako, Mali
Ministry of Environment and Sustainable Development
Secretary General
Rue Mamadou Konate, Lot 01 Immeuble du Government N.02 llot V. Tevragh Zeina, Nouakchott, Mauritania
National Council of the Environment for Sustainable Development (CNEDD)
Executive Secretary
Cabinet du Premier Ministre, PL 17 Rue du Gouverneur Jules Brévié, BP 10193, Niamey, Niger, Niamey, Niger (the)
National Council on Climate Change
Special Presidential Envoy on Climate Action (SPEC)
Office of the President of the Federal Republic of Nigeria, State House, Abuja, Nigeria
Director-General and Chief Executive Officer
14 Vistula Close, Maitama, FCT, Abuja, Nigeria
Ministry of Environment and Sustainable Development
Head of Climate Change Division
Parc Forestier de Hann, B.P. 4055 Dakar, Senegal, Dakar, Senegal
The Higher Council for Environment and Natural Resources (HCENR)
Documents
News + Stories
Agreement bolstering Africa’s climate vulnerable sign of rapid GCF implementation
04 Apr 2022 / The Green Climate Fund (GCF) has signed an implementation agreement to scale up climate action across 13 African countries soon after the new funding programme was approved by the GCF Board. The programme, implemented by the International Fund for Agricultural Development (IFAD), empowers African national and local banks to direct funds to help farmers cope with increasingly erratic climate effects while also reducing farming emissions.