Planting Resilience in Rural Communities of the Northeast (PCRP) (GCF-FP143)

Countries
  • Brazil
Geographic location where the impacts of the investment may be experienced.
Specific Location
Region of Northeast Brazil
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 12, 2020
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Brazil and International Fund for Agricultural Development (IFAD)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 99.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 65.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 34.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 202.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Corporate Actor Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Oct 21, 2020

Disclosed by Bank Oct 7, 2020

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the implementing agencies, the project will be implemented in northeast Brazil, in a semi-arid area, where 21.3 million people live (12% of the national population). It aims to transform the productive systems of farmers to increase production and face the challenges presented by climate change.
It will consist of three components:
• Climate-resilient production systems.
• Access to water.
• Knowledge, management and expansion.
The result will be resilient agricultural systems which perform restored ecosystem functions, increased and stabilized family incomes providing food security, and incentives to the younger generations to stay involved in rural activities.
It will benefit approximately 1,000,000 people in 250,000 family farms (of which 40% are women and 50% young), increase the resilience of agricultural production systems in 84,124 ha and restore degraded ecosystems of importance for the provision of environmental services . It will increase access to water for 36,000 families, increasing their resistance to droughts.
It will be implemented through an alliance between IFAD, the GCF, the Government of Brazil and BNDES, mobilizing resources and giving lessons, both in Brazil and abroad.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Banco Nacional de Desenvolvimento Econômico e Social BNDES Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

IFAD

Frederico Lacerda

Country Operations Analyst

f.lacerda@ifad.org

Claus Reiner

Country Director

c.reiner@ifad.org

Leonardo Bichara Rocha

Country Programme Officer

l.bichararocha@ifad.org

Cintia Guzman Valdivia

Programme Officer

c.guzman@ifad.org

Hardi M. W. Vieira

Country Programme Officer

h.vieira@ifad.org

Julio Worman

Country Programme Analyst – SSTC & KM Global Engagement, Partnerships and Resource Mobilization Division

j.worman@ifad.org

Accountability and complaints procedures: https://www.ifad.org/en/accountability-and-complaints-procedures

 

Casa das Nações Unidas (ONU)
Praça Municipal Thomé de Souza s/n
Elevador Lacerda
40.020-010
Salvador - Bahia - Brazil


Banco Nacional de Desenvolvimento Econômico e Social (BNDES)1
Av. República do Chile, 100 - Centro
Rio de Janeiro – RJ
20031-917
Brazil

How to access the Ombudsperson?

The BNDES’ Ombudsperson can be accessed using the following:

  • Electronically: Contact the Ombudsperson
  • Phone: +55 21 2052-7447
  • Fax: +55 21 2052-7117 
  • Address: Avenida República do Chile, 100 - 19º andar
    20031-917 - Rio de Janeiro - RJ - Brazil 

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How it works