Implementation of the Lao PDR Emission Reductions Programme through improved governance and sustaina (GCF-FP117)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Specific Location
Houaphan, Luang Prabang, Sayabouri: provinces
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
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
Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH; Laos Government; JICA
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)
Equity, Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 16.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 29.70 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)
$ 29.20 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)
$ 72.10 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 Nov 29, 2019

Disclosed by Bank Oct 2, 2019


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Project Description

According to the bank document, the proposed project is about the implementation of the Lao PDR Emission Reductions Programme through improved governance and sustainable forest landscape management. The project is expected to cut off an equivalence of 5.6 million tonnes of CO2 emissions. The other anticipated benefits are:

GCF results area

  • Forests and land use

UN Sustainable Development Goals

  • #1 No poverty
  • #2 Zero hunger
  • #5 Gender equality
  • #6 Clean water and sanitation
  • #12 Responsible consumption and production
  • #13 Climate action
  • #15 Life on land
  • #17 Partnerships for the goals
Investment Description
  • Green Climate Fund (GCF)

Co-Financing

  • Ministry of Agriculture and Forests, Government of Lao PDR (co-financing) US$ 13.1million
  • BMZ (Grant) US$ 11.1 million
  • ADB (Loan) US$ 13.7 million
  • IFAD (Loan) US$ 8.6 million
  • JICA (Grant) US$  1.8million
  • Private sector US$ 1.0 million
  • Private sector (Equity) US$  6.3million
Contact Information

Project Contact Information

• Houaphan:
Lao Women’s Union
Sam Neua Village, Phathi Road, Sam Neua District
Houaphan Province
Tel: +856 64 312080

• Luang Prabang:
Lao Women’s Union
That Bosod Village, Luang Prabang Capital
Luang Prabang Province.
Tel: +856 71 212171

• Sayabouri:
Provincial Lao Women’s Union
Simeung Village, Sayabouri District
Sayabouri Province
Tel: +856 74 211225

GIZ Office in Vientiane (as hard copy):
• 247/19 Watnak Nyai Road Thaphalanxay Village
Sisattanak
District Vientiane Capital
P.O. Box 9233
+856-21 353605
+856-21 312408
giz-laos@giz.de


Lao PDR Ministry of Environment and Natural Resources
(MoNRE) Environmental Protection Fund (EPF) website:
https://laoepf.org.la/gcf/


Lao PDR Department of Forestry (DoF) website:
http://dof.maf.gov.la/en/environmental-and-socialsafeguards-documents-of-gcf-funded-project/

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.