FP097
Productive Investment Initiative for Adaptation to Climate Change (CAMBio II)
Productive Investment Initiative for Adaptation to Climate Change (CAMBio II)
Reducing obstacles for Micro-, Small- and Medium-sized Enterprises (MSMEs) to access credit and supporting the best available adaptation measures in seven Central American countries.
While agriculture, livestock and forestry are key sectors in Central American economies, they are highly sensitive to climate change. Conservative banking practices and high perceived risks associated with operations in rural areas rural mean MSMEs have limited access to credit in financing adaptation measures.
This initiative will provide concessional loans and technical assistance to encourage MSMEs to invest in adaptation. It is also designed to consolidate agricultural production systems adapted to climate change. A grant component of this programme will provide financial rewards to MSMEs and intermediary financial institutions for their successful implementation of adaptation activities.
The programme has an estimated lifespan of 15 years.
Project timeline
Pipeline
22 Jun 2017 - 486 days
Concept note received
22 Jun 2017
Cleared by GCF Secretariat
06 Nov 2017
Funding proposal received
06 Nov 2017
Cleared by iTAP
11 Jul 2018
Approved
20 Oct 2018 - 332 days
Approved by GCF Board
20 Oct 2018
Legal opinion on AE's Internal Approval
15 Feb 2019
FAA executed
21 Jun 2019
Under implementation
16 Sep 2019 - 1,897 days so far
FAA effective
16 Sep 2019
Disbursement - USD 376,350
17 Feb 2020
Disbursement - USD 601,700
14 Dec 2022
Disbursement - USD 194,800
06 Sep 2023
Disbursement - USD 1,592,963
01 Mar 2024
To be completed
16 Oct 2026 - 692 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 financing18% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 3,000,000 |
| Loan | USD 12,500,000 |
| Total GCF Financing |
|---|
| USD 15,500,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Loan | USD 12,500,000 |
| Total Co-Financing |
|---|
| USD 12,500,000 |
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
News + Stories
GCF agreement with CABEI to unlock finance for climate adaptation in Central America
21 Jun 2019 / Today, the Green Climate Fund and the Central American Bank for Economic Integration (CABEI) signed an agreement that will kick off the implementation of the CAMBio II project, aimed at helping micro, small and medium businesses in Central America become more resilient to climate change.