Building the Resilience of Wetlands in the Province of Datem del Maranon, Peru (GCF-FP001)

Countries
  • Peru
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.
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.
Borrower
PROFONANPE
The holder of the loan, grant, or other investment.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 6.24 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)
$ 9.11 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Jul 29, 2020


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Project Description

Enhancing the climate resilience and livelihoods of the indigenous wetlands communities of Datem del Maranon in the Amazon basin, while reducing greenhouse gas emissions from deforestation.

The swamps of Datem del Maranon hold a total carbon stock estimated at around 3.78 billion tonnes of carbon dioxide equivalent (CO2 eq.). The project will avoid deforestation of an estimated 4,861 hectares of palm swamp and terra firma forests over a 10-year period and enhance resilience and conservation of 343,000 ha of peatlands and forest.

Climate change will also have profound impacts on the region, with more frequent droughts, flooding, and heatwaves, and changes in primary productivity, affecting people and ecosystems.

The project will facilitate better land-use planning and management of the region's wetlands, while strengthening sustainable, commercial bio-businesses of non-timber forest products. It will entrust indigenous communities with the management of resources, improve their livelihoods, and empower women in the decision-making processes.

The funding will support government departments in developing the land-use plan, and provide support to community-based organizations for the participation of indigenous people. The largest share of funds will support bio-businesses, including for business plans, marketing and management, equipment and supplies, and the development of solar energy for operations. The nature-based products include salted fish, smoked meat, aguaje pulp (from palm trees), and "dragon's blood," a croton tree resin used as an antiinflammatory and anti-viral.

Expected project benefits:
GCF results areas
Gender benefits
* Enhance income levels of women through bio-business opportunities.
UN Sustainable Development Goal
* #13 Climate action

Investment Description
  • Green Climate Fund (GCF)
Contact Information

ACCREDITED ENTITY
Peruvian Trust Fund for National Parks and Protected Areas (Profonanpe)
Mr. Alberto Paniagua
Tel: +511-2181097
Ms. Claudia Godfrey
Tel: +511-2181097
CSOS IN PERU
Derecho, Ambiente y Recursos Naturales (DAR)
Cesar Gamboa Balbín
Asociacion Interetnica de Desarollo de la Selva Peruana (AIDESEP)
Henderson Rengifo-Hualinga
Consorcio de Organizaciones Privadas de Promoción al Desarrollo de la Pequeña y Microempresa (COPEME)
Francesca Randazzo
Profonanpe
Claudia Godfrey

 

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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