&Green Fund: Investing in Inclusive Agriculture and Protecting Forests (GCF-FP212)

Regions
  • Africa
  • East Asia and Pacific
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Brazil
  • Cameroon
  • Colombia
  • Congo, Democratic Republic of
  • Ecuador
  • Gabon
  • Indonesia
  • Ivory Coast
  • Laos
  • Liberia
  • Zambia
Geographic location where the impacts of the investment may be experienced.
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
Jul 13, 2023
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
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
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)
$ 189.35 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)
$ 180.00 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)
$ 9.35 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)
$ 981.60 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.
Primary Source

Original disclosure @ GCF website

Updated in EWS Jul 20, 2023


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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.

As stated by the GCF, the &Green Fund will promote sustainable commodity production and higher productivity on agricultural land in selected countries with important tropical forest resources, thereby decreasing the pressure to clear forests for agricultural purposes. The fund will work to reduce emissions and increase the resilience of local communities by financing the transformation of tropical agricultural commodity supply chains from extractive to sustainable practices. The project will achieve this by providing technical assistance and financial support to producers with conditions that necessitate the protection and restoration of existing forests by focusing on supply chains in sectors that drive deforestation such as livestock, palm oil, soy, rubber, cocoa, and forestry.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated on the fund's website, &Green is a Foundation, established in the Netherlands in 2017. Its governance structure is designed to safeguard the environmental and social return as well as the financial and commercial sustainability of the Fund and its investments.
&Green currently has USD 144 million in capital committed through grants, redeemable grants and loans from its contributors. Despite this encouraging endorsement of the Fund’s purpose, &Green is still actively raising capital and invites additional contributors to join our mission.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - FMO Client Finance

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.

Borrower - Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO):

Website: https://www.fmo.nl/

Mrs. Susie Shuford - Portfolio Manager, Public Investment Management
Phone: +31 70 314 9166
Email: S.Shuford@fmo.nl

Mr. Willem Lijnders - Associate, Public Investment Management and Blending
Phone: +31 6 21 43 80 11
Email: w.lijnders@fmo.nl

National Agencies:

Brazil - Secretariat for International Affairs, Ministry of Finance:

Ms. Tatiana Rosito - Secretary for International Affairs
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Phone +55 (61) 3412-2202
tatiana.rosito@economia.gov.br
 
Mr. Ivan Tiago Machado Oliveira - Deputy Secretary for Sustainable Development Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Phone +556131422202
ivan.oliveira@economia.gov.br
 
Ms. Livia Farias Ferreira de Oliveira - General Coordinator for Sustainable Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Phone +55 (61) 33412-1702
livia.oliveira@economia.gov.br

Cameroon - Ministry of Environment, Protection of Nature and Sustainable Development:

Mr. Paul Tchawa - Secretary General
Boulevard du 20 Mai, Immeuble Ministériel No. 2, P.O Box 320, Yaoundé, Cameroon
Phone +237 696 939 011
ptchawa@yahoo.fr

Colombia - National Planning Department:

Ms. Carolina Díaz - Director of Environment and Sustainable Development
Calle 26 No. 13-19, Bogotá, D.C, Colombia
 
Ms. Jimena Cortés - NDA Technical Advisor
Calle 26 # 13 - 19, Bogotá, D.C., Colombia
Phone +57 601 3815000
clcortes@dnp.gov.co

Ivory Coast - Minister's Office, Ministry of Environment and Sustainable Development:

Mr. Marcel Yao - 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
Phone (225) 0707791504 / 2720239900
ensamarcel@yahoo.fr
yaomarcelclimat@gmail.com
 
Mr. Kouadio Philippe - Deputy Director of Climate Change
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Cote d'Ivoire

Democratic Republic of Congo - National Coordination of the Green Climate Fund:

Prof. Isaac Kalonda Kanyama - National Coordinator and GCF Focal Point for the Democratric Republic of the Congo
 
Ms. Francine Katanga Mutanda - Deputy GCF Coordinator

Ecuador - Ministry of Environment and Water:

Ms. Karina Maribel Barrera Moncayo - Undersecretary of Climate Change
Av. Madrid 1159 y Andalucía, Quito, Ecuador

Gabon - Conseil National Climat National Climate Council:

Mr Tanguy Gahouma - Adviser to the President of the Republic, Permanent Secretary Conseil National Climat
BP 3850, Libreville, Gabon
 
Dr Ludovic Banak - Sustainable Development Advisor
Phone +241 0788 9322
ngokbl@yahoo.fr

Indonesia - Fiscal Policy Agency, Ministry of Finance:

Mr. Febrio Kacaribu - Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Phone +62 21 3441 484
ndagcf-indonesia@kemenkeu.go.id
 
Mrs. Dian Lestari - Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
Center for Climate Finance and Multilateral Policy, Fiscal Policy Agency, Ministry of Finance, R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No.1,, Jakarta, Indonesia
Phone +62 21 3483 1678
ndagcf-indonesia@kemenkeu.go.id

Laos - Ministry of Natural Resources and Environment:

Ms. Phakkavanh Phissamay - Director General, Department of Planning and Finance, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Phone +856-21 263-799
Phone +856-20 57-938-888
phakkavanh.p@laoepf.org.la
phakkavanhp75@gmail.com
 
Mr. Amphayvanh Oudomdeth - Deputy Director General, Department of Climate Change, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Phone +856-30 55-142-10
Phone +856-20 55-503-322
amphayvanh.oudomdeth@gmail.com
 
Mr. Bounpakone Phongphichit - Director of Planning and Cooperation Division
 
Mr. Anousack Maitrychith - Head of Planning Section

Liberia - Environmental Protection Agency:

Professor Wilson Tarpeh - Executive Director/CEO
4th Street, Sinkor, Monrovia, Liberia
Phone +231 888 111 777
wtarpeh@epa.gov.lr
 
Mr. Jeremiah Sokan - Coordinator, National Climate Change Secretariat
4th Street, Tubman Blvd., Monrovia, Liberia

Zambia - Ministry of Green Economy and Environment:

Mr. Francis Mpampi - National Coordinator
P.O. Box 50555, Corner of John Mbita and National, Lusaka, Zambia
Phone +260 21 1 252625
francis.mpampi@ndazambia.gov.zm
 
Mr Akabiwa Nyambe 

ACCESS TO INFORMATION

Requests for project information may be submitted using the IDP Request for Information by email to: disclosure@gcfund.org.

You can also submit an information request using this online form: https://www.greenclimate.fund/about/disclosure/form.  Additionally, if information requested is denied, an appeal can be filed to the Information Appeals Panel: iap@gcfund.org.  You can learn more about the Information Appeals Panel at: https://www.greenclimate.fund/about/disclosure/appeals.

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND 

The Independent Redress Mechanism (IRM) addresses complaints by people who believe they are negatively affected or may be affected by projects or programmes funded by the Green Climate Fund (GCF). The complainant can raise issues related to any of GCF’s policies and procedures, including those relating to social and environmental issues, indigenous peoples, gender, and information disclosure, among others. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating problem solving or conducting a compliance process. You can learn more about the Independent Redress Mechanism and how to file a complaint at https://irm.greenclimate.fund/.

You can access a video about the IRM (English) at: https://youtu.be/1LanbriVhfs.

A brochure about the IRM can be accessed in English, French, Spanish, Portuguese, Arabic, Mandarin, Mongolian, Vietnamese, Russian, Ukrainian, Korean, German, and Kiswahili at: https://irm.greenclimate.fund/.

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How it works