Africa Hydromet Program – Strengthening Climate Resilience in Burkina Faso (GCF-FP074)

Countries
  • Burkina Faso
Where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
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
Mar 1, 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
Ministry of Transportation, Urban Mobility and Road Safety
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 22.50 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)
$ 25.00 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 20, 2018


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Project Description

Strengthening the climate resilience of Burkina Faso by enhancing and optimizing the supply and demand side of climate information systems.

One of the least developed countries in Africa, Burkina Faso is highly vulnerable to weather related hazards, especially floods and droughts. The country is already experiencing the effects of a changing climate and a growing trend of economic and livelihood losses due to weather-related disasters.

This project will address this problem by focusing primarily on strengthening the significantly underdeveloped climate information sector of the country. This is expected to provide positive results for the livelihoods of rural communities, along with increased food security and a reduction in their vulnerability to weather-related hazards. 

The project has an estimated lifespan of 5 years.

Investment Description
  • Green Climate Fund (GCF)
  • World Bank (WB)
Contact Information

International Bank for Reconstruction and Development and International Development Association (World Bank)

Ms. Claudia Croce

Tel: +1 202 458 1697

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.