Blue Action Fund (BAF): GCF Ecosystem Based Adaptation Programme in the Western Indian Ocean (GCF-FP122)

Countries
  • Madagascar
  • Mozambique
  • South Africa
  • Tanzania
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
Nov 29, 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
Blue Action Fund
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)
$ 33.33 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)
$ 33.33 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)
$ 61.11 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 20, 2020


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Project Description

 

The project has three components:

  1. Funding window for protection and sustainable management of coastal resources relevant for EbA (mangroves, coral reefs seagrass). BAF will on-grant funds for the implementation of this component on the basis of the agreed project implementation plans and budgets of the approved sub-projects (see above).
  2. Funding window for rehabilitation of degraded coastal ecosystems relevant for EbA. As for Component 1, BAF will on-grant funds for the implementation of this component on the basis of the agreed project implementation plans and budgets of the approved sub-projects, while actual implementation will be carried out by the eligible NGOs. Eligible measures comprise restoration of ecosystems, complementing measures under
    Component 1, such as:
    (I) Mangrove reforestation,
    (II) Seagrass rehabilitation,
    (III) Rehabilitation of beach vegetation, and
    (IV) Coral reef restoration where applicable, e. g. with more temperature-resilient species.
  3. Support for knowledge exchange and capacity building regarding appropriate and feasible EbA approaches. All projects supported by the Blue Action fund are expected to also contribute to and support the knowledge exchange and capacity building regarding appropriate and feasible EbA approaches. In fact, knowledge exchange related to changes in habitats and ecosystems, as well as best practices and lessons learned, are key for enhancing EbA.
Investment Description
  • Green Climate Fund (GCF)
<div class="gcf-funding"><span class="entity entity-key">GCF Financing</span> <ul> <li class="clearfix"><span class="entity entity-key">Instrument</span><span class="entity entity-value">Grant</span><span class="entity entity-value" data-dataset="{ &quot;value&quot;: 33333333, &quot;name&quot;: &quot;GCF Financing&quot; }">USD&nbsp;<em>33.3 M</em></span></li> </ul> </div> <div class="co-financing"><span class="entity entity-key">Co-Financing</span> <ul> <li class="clearfix"><span class="entity entity-value">BMZ via KfW</span><span class="entity entity-value">Grant</span><span class="entity entity-value" data-dataset="{&quot;value&quot;: 27777778, &quot;name&quot;: &quot;Co-Financing&quot;}">USD&nbsp;<em>27.8 M</em></span></li> </ul> </div>
Contact Information

Kreditanstalt für Wiederaufbau (KfW)
Mr. Matthias Börner
matthias.boerner@kfw.de 
Dr. Martina Jung
martina.jung@kfw.den 

NDA/FP IN MADAGASCAR
Ministry of Environment, Ecology, Sea and Forests
Ms. Lovakanto Ravelomanana
Work: lovakanto@gmail.com 
Work: +261 34 86 793 38

NDA/FP IN MOZAMBIQUE
Ministry of Economy and Finance – National Directorate for Monitoring and Evaluation
Mr. Albano Manjate
Work: albankmanjate@gmail.com 
Work: +258 828969570
Work: +258 843969570

NDA/FP IN SOUTH AFRICA
Department of Environmental Affairs
Ms. Nosipho Ngcaba
Work: nngcaba@environment.gov.za 
Work: +27 12 339 9007
Work: +27 12 359 3611

NDA/FP IN UNITED REPUBLIC OF TANZANIA
Vice President's Office
Eng. Joseph Kizito Malongo
Work: ps@vpo.go.tz
Work: +255 22 2113857 / 2116995
Fax: +255 22 2113856/2113082
Prof. William Mwegoha
Work: william.mwegoha@vpo.go.tz 

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.