Ecosystem-based Adaptation (EbA) for Reducing Community Vulnerability to Climate Change in Northern Pacific Small Island Developing States (SIDS) (GCF-SAP029)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Marshall Islands
  • Micronesia
  • Palau
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
C
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
Micronesia Conservation Trust
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 8.90 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)
$ 8.90 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)
$ 9.90 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 on the project disclosure page, the funding for conservation projects and ecosystem-based adaptation approaches (EbA) needs to be scaled up to adequately prepare for the worsening effects of climate change.

By establishing small-grant facilities in the Federated States of Micronesia, the Marshall Islands, and Palau, the project intends to finance and scale up locally-led EbA initiatives. This will be done to enable local environmental groups to plan, design, and implement EbA projects in the 3 Pacific countries, while encouraging the active participation of women beneficiaries. The project will also have a paradigm shifting potential as vulnerable communities in hard-to-reach regions will be able to lead climate action locally by employing best EbA practices and locally relevant knowledge.

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
- - - - Micronesia Conservation Trust Client Climate and Environment

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 - Micronesia Conservation Trust:

Website: https://www.ourmicronesia.org/

Mr. William Kostka - Executive Director
Phone: +691 320-5670
Email: director@ourmicronesia.org / conservation@ourmicronesia.org / adaptation@ourmicronesia.org

Ms. Lisa Andon - Deputy Executive Director
Phone: +691 320-5670
Email: deputy@ourmicronesia.org

National Agencies:

Marshall Islands - Ministry of Environment, Climate Change Directorate:

Honourable Christopher Loeak - Minister in Assistance to the President and Environment
Address: P.O. Box 2, Majuro, Marshall Islands

Mr. Clarence Samuel - Director
Phone: +692 625-7944 / +692 625-7945
Email: clarencesam@gmail.com

Ms. Lani Milne - GCF Support Coordinator
Phone: +692 625-7944 / +692 625-7945
Email: lanimilne@gmail.com

Micronesia - Department of Finance and Administration:

Honourable Sohs John - Acting Secretary
Email: sohs.john@dofa.gov.fm / nationalcob@gmail.com

Ms. Belinda Hadley - NDA Office Team Leader
Address: PS 158, Palikir, Pohnpei, Micronesia (Federated States of)
Phone: +691 320 2640
Email: belinhadley@gmail.com

Ms. Caroline Werthog
Email: clwerthog@gmail.com

Palau - Ministry of Finance:

Mr. Casmir Remengesau - Director, Bureau of Budget and Planning
Address: P.O. Box 6011, Koror, Palau
Email: casmirer@palaugov.org / xavier.matsutaro@gmail.com

Mr. Xavier Erbai
Email: xavier.matsutaro@gmail.com

Ms. Charlene Mersai
Email: charmersai@gmail.com

Ms. Lynna Thomas
Email: lynna.thomas7@gmail.com

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/.

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