Scaling Up Multi-Hazard Early Warning System and the Use of Climate Information (GCF-FP068)

Countries
  • Georgia
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
U
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
Feb 27, 2018
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
United Nations Development Programme
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Communications
  • Technical Cooperation
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)
$ 27.05 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)
$ 70.29 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 Jun 15, 2018

Disclosed by Bank Feb 6, 2018


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Project Description

This project provides financing to develop a fully-integrated impact-based multi-hazard early warning system (MHEWS) to improve and standardize hydrometeorological hazard risk management, and vulnerability assessment in Georgia. The aim is to develop long-term institutional and community capacities in climate risk reduction, climate change adaptation, and MHEWS.

Investment Description
  • Green Climate Fund (GCF)
Contact Information

Natalia Olofinskaya
Regional Technical Specialist 
UNDP 
Nataly.olofinskaya@undp.org
+90(543)532-3046
UNDP Istanbul Regional Hub for Europe and CIS
Key Plaza, Abide-i Hurriyet Cd., Istiklal Sk. No:11, room 1107 Sisli, 34381, Istanbul, Turkey

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND
The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies.  The IRM is newly created and is still in the process of developing its procedures and website.  More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at irm@gcfund.org.