Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agric (GCF-FP114)

Countries
  • Ghana
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
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
Jul 6, 2019
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
Government of Ghana
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ GCF website

Updated in EWS Jun 25, 2019

Disclosed by Bank Jun 5, 2019


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Project Description

The program has great potential for enhancing resilience to agricultural practices in Ghana. The program’s objective is to empower those vulnerable women groups in the most vulnerable agroecological zones in Ghana a through the provision of Lines of Credit (LoC) and Technical Assistance (TA) to participate in low-emission climate resilient agricultural (CRA) practices.
Specifically, the program aims to:
i. Improve women access to affordable financing to engage in CRA practices for livelihood diversification
ii. Support De-risking instruments for the agriculture sector in Ghana

Investment Description
  • Green Climate Fund (GCF)
Contact Information

No contact information provided at the time of disclosure

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.