Safeguarding rural communities and their physical assets from climate induced disaster (GCF-FP109)

Countries
  • Timor-Leste
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
Proposed
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.
Borrower
United Nations Development Programme
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Infrastructure
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)
$ 22.40 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)
$ 59.40 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 Aug 21, 2019

Disclosed by Bank Jan 21, 2019


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Project Description

According to the bank website, "this project will strengthen the capacity of institutions to assess and manage climate risks and to implement, finance and maintain local infrastructure services. Monitoring of climate risk information will be enhanced. In addition, climate resilient building measures will improve small-scale rural infrastructure in vulnerable areas."

Investment Description
  • Green Climate Fund (GCF)

Co-financing:

  • United Nations Development Programme Grant USD 400.0 k
  • MSA Grant USD 12.5 m
  • MAF Grant USD 12.0 m
  • MSS Grant USD 5.0 m
  • GoTL Grant USD 7.2 m
Contact Information

Accredited Entity
United Nations Development Programme (UNDP)
Mr. Pradeep Kurukulasuriya
Tel: +1 212 906 5884
pradeep.kurukulasuriya@undp.org

Mr. Lucas Black
Tel: +1 212 906 5842
lucas.black@undp.org

NDA/FP in Timor-Leste

National Directorate for Climate Change (DNAC) Direcção Nacional para Alterações Climáticas (DNAC)
Dr. Julião dos Reis 
executive.secretary.nda.tl@gmail.com

Mr. Augusto Manuel Pinto
Mobile: +670 7781 1530
augusto.mpinto@yahoo.com

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.