Upscaling climate resilience measures in the dry corridor agroecosystems of El Salvador (RECLIMA) (GCF-FP089)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Countries
  • El Salvador
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
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
Food and Agriculture Organization of the United Nations (FAO); Ministry of Agriculture and Livestock
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)
$ 35.85 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)
$ 35.85 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)
$ 127.69 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

Disclosed by Bank Oct 19, 2018


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Project Description

This project focuses on Mitigation and Adaptation specifically on the following GCF results areas: 

  • Forests and land use
  • Health, food and water security
  • Livelihoods of people and communities
  • Ecosystems and ecosystem services

It is estimated to benefit approximately 1,289,618 beneficiaries. 

 

Investment Description
  • Green Climate Fund (GCF)
Contact Information

Food and Agriculture Organization of the United Nations (FAO): 

1. Mr Daniel Gustafson
Email Address: DDG-P@fao.org; GCF-Coordination-Unit@fao.org
Telephone No.: +390657056320

2. Mr Alexander Jones
Telephone No.: +390657052331
Email Address: CBC-Director@fao.org

Implementing Agency: Ministry of Environment and Natural Resources (MARN)

1. Her Excellency Mrs. Lina Pohl
Telephone No.: +503 2132 9418
lphol@marn.gob.sv; despacho@marn.gob.sv

2. Ms. Adriana Erazo
Telephone No.: +502 2132 9650
Email Address: aerazo@marn.gob.sv

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.