Enhancing climate resilience of India's coastal communities (GCF-FP084)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Andhra Pradesh, Maharashtra and Odisha
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
B
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
Oct 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
United Nations Development Programme (UNDP), Ministry of Environment, Forest and Climate Change
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)
$ 43.42 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 43.42 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)
$ 130.30 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 Jan 17, 2019

Disclosed by Bank Jan 23, 2018


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Project Description

According to the project document, "the objective of the project is to enhance the resilience of the lives and livelihoods of the most vulnerable populations, particularly women, in the coastal areas of India to climate change and extreme events, using an ecosystem-centred and community-based approach. The project will work at national, state, and community levels to enhance capacity for ecosystem and community-based approaches to adaptation and enable pathways to replication and scale beyond the project to all of India’s coastal states. Specific restoration and livelihood interventions will be undertaken in the target states of Andhra Pradesh, Maharashtra and Odisha, with learning shared across all coastal states and their districts, and more widely in the South Asian region."

Investment Description
  • Green Climate Fund (GCF)

Co-Financing:
Ministry of Environment, Forest and Climate Change (MoEFCC) Grant USD 18.0 m
Ministry of Environment, Forest and Climate Change (MoEFCC) Other USD 2.0 m
Maharashtra State Government Grant USD 25.7 m
Maharashtra State Government Other USD 1.2 m
Andhra Pradesh State Government Grant USD 18.0 m
Andhra Pradesh State Government Other USD 2.0 m
Odisha State Government Grant USD 18.8 m
Odisha State Government Other USD 1.2 m

Contact Information

Accredited Entity
United Nations Development Programme (UNDP)
Ms. Adriana Dinu Tel: +1 212 906 5143
Mr. Lucas Black Tel: +1 212 906 5842 NDA/FP in India

Ministry of Environment, Forests and Climate Change
Mr Ravi S Prasad
Work: +91 11 2436 3956 Fax: +91 11 2436 9192


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.