Strengthening Climate Resilience of Subsistence Farmers and Agricultural Plantation Communities (GCF-FP124)

Countries
  • Sri Lanka
Where the impacts of the investment may be experienced.
Specific Location
River basins, watershed areas and downstream of the Knuckles Mountain Range Catchment
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
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
Mar 12, 2020
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
International Union for Conservation of Nature
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Water and Sanitation
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)
$ 39.80 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)
$ 49.00 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 Jun 25, 2020


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Project Description

According to the bank's documents, "The project seeks to strengthen the adaptive capacity of smallholder subsistence farmers to address climate-induced irrigation and drinking water shortages by improving the resilience of farm- and land-management practices, and by climate proofing the underlying ecosystems in the Knuckles/Amban Ganga highlands and lowlands."

Investment Description
  • Green Climate Fund (GCF)

Co-financing: US$ 9.2 million (in-kind)

Contact Information
International Union for Conservation of Nature
Ms. Sheila Aggarwal-Khan
Director, GEF / GCF Coordination Unit
Rue Mauverney, 28, Gland, Switzerland
Phone +41229990292
Sheila.aggarwal-khan@iucn.org

Mr. Sébastien Delahaye
GEF / GCF Portfolio Manager
Rue Mauverney, 28, Gland, Switzerland
Phone +41229990251
Sebastien.Delahaye@iucn.org

National Designated Authority
Ministry of Mahaweli Development and Environment
Mr Anura Dissanayake, Secretary, Ministry of Mahaweli Development and Environment
No. 416/C/1, "Sobadam Piyasa" Robert Gunawardhana Mawatha, Battaramulla, Sri Lanka
Phone +94 11 2034121 / 2676844
sec@mahaweli.gov.lk

Dr. R.D.S Jayathunga
Director of Climate Change Secretariat
No. 416/C/1, "Sobadam Piyasa" Robert Gunawardhana Mawatha, Battaramulla, Sri Lanka
Phone +94-11-2034192
sunimal68@hotmail.com

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND

The Independent Redress Mechanism (IRM) addresses complaints by people who believe they are negatively affected or may be affected by projects or programmes funded by the Green Climate Fund (GCF). The complainant can raise issues related to any of GCF’s policies and procedures, including those relating to social and environmental issues, indigenous peoples, gender, information disclosure, among others. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating problem solving and or conducting a compliance review process. You can learn more about the Independent Redress Mechanism and how to file a complaint at https://irm.greenclimate.fund/