FP202
Upscaling Ecosystem Based Climate Resilience of Vulnerable Rural Communities in the Valles Macro-region of the Plurinational State of Bolivia (RECEM-Valles)
Upscaling Ecosystem Based Climate Resilience of Vulnerable Rural Communities in the Valles Macro-region of the Plurinational State of Bolivia (RECEM-Valles)
The Los Valles Macro-region in the landlocked, South American state of Bolivia is threatened by increasing temperatures and precipitation instability. Furthermore, frost intensity and hail events have put pressure on the delicate water systems in the valley. Climate change increases the vulnerability of water systems and the agricultural sector in the region, particularly smallholder farmers whose crop yields are already at a very low level compared to regional standards. Poor management and unsustainable agricultural land use practices exacerbate the impacts of the climate crisis.
As GCF’s first project in Bolivia, the RECEM-Valles project aims to enhance the climate resilience of smallholder farmers, ecosystems, and infrastructure in the Valles Macro-region by scaling-up the Bolivian government’s pre-existing Mi Riego initiative. It will implement integral and participatory micro-watershed management activities, including building farmers’ capacities to manage their agroecosystems sustainably and providing them with access to credit allowing them to invest in modernized on-farm climate-proofed irrigation systems. The project will also strengthen national and sub-national governance systems to support climate risk management by smallholder farmers and their communities.
Project timeline
Pipeline
20 Dec 2019 - 1183 days
Concept note received
20 Dec 2019
Funding proposal received
30 Mar 2021
Legal opinion on AE's Internal Approval
17 Mar 2022
Cleared by GCF Secretariat
15 Jul 2022
Cleared by iTAP
13 Mar 2023
Approved
16 Mar 2023 - 320 days
Approved by GCF Board
16 Mar 2023
FAA executed
11 Aug 2023
Under implementation
29 Jan 2024 - 290 days so far
FAA effective
29 Jan 2024
Disbursement - USD 7,603,613
22 Feb 2024
To be completed
29 Jan 2029 - 1,539 days to go
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Financing
- Private sector
- Public sector
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Size
- Micro
- Small
- Medium
- Large
GCF financing23% disbursed
Instrument | Amount |
---|---|
Grant | USD 33,300,000 |
Total GCF Financing |
---|
USD 33,300,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Grant | USD 29,500,000 |
Co-Financing | Grant | USD 500,000 |
Total Co-Financing |
---|
USD 30,000,000 |
GCF Contacts
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GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
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Entity
Food and Agriculture Organization of the United Nations
Deputy Director-General
More contacts
National Designated Authority
Ministry of Development Planning
Vice-minister of Planification and Coordination, Ministry of Planification
Av. Mariscal Santa Cruz N 1092, Bolivia (Plurinational State of)