Ecosystem-based Adaptation in the Indian Ocean – EBA IO (GCF-ADAPTATIONINDIANOCEAN)

Countries
  • Comoros
  • Madagascar
  • Mauritius
  • Seychelles
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
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 30, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
*Borrower information not provided at the time of disclosure*
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 38.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 49.20 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ GCF website

Updated in EWS Sep 3, 2020


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Project Description

According to bank documents, the goal of the Programme is to reduce the vulnerability of island populations by securing the critical ecosystem services they need to be resilient to climate change. The Programme will use tried-and-tested tools and methodologies that CEPF has developed over the last 20 years for strengthening and engaging civil society actors in ecosystem conservation. CEPF’s current model, which prioritises biodiversity conservation, will be modified to direct investments to geographic and thematic areas of highest priority for EbA. The Programme will work through CSOs, help to build their capacity and help them develop partnerships with the private and public sector. The Programme includes a component to achieve long-term sustainability and encourage replication of best EbA practice. The Programme has three components:

  1. Component 1: Developing strategic plans for EbA in the small island biodiversity hotspot that are well aligned with national climate change strategies;
  2. Component 2: Supporting EbA activities through grants to CSOs;
  3. Component 3: Ensuring long-term sustainability and replicating success through knowledge products and tools for EbA.
Investment Description
  • Green Climate Fund (GCF)
Contact Information

*Contact information not provided at the time of disclosure*

ACCESS TO INFORMATION

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