Upscaling Ecosystem Based Climate Resilience of Vulnerable Rural Communities in the Valles Macro-region of the Plurinational State of Bolivia (RECEM-Valles) (GCF-FP202)

  • Bolivia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Valles Macro Region
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 13, 2023
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Food and Agriculture Organization of the United Nations (FAO)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Agriculture and Forestry
  • Climate and Environment
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 33.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 63.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ GCF website

Updated in EWS Mar 8, 2023

Disclosed by Bank Feb 20, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The project is a climate adaptation investment aiming to enhance the resilience of livelihoods, ecosystems, irrigation infrastructure, and food security in the Valles Macro-region, to face the increasing hazards of climate change. It has the aim of changing the current paradigm of climate change vulnerability and conventional agricultural practices, to a paradigm based on transformative production systems that are well adapted to climate change and enable restoration of ecosystems. This transition will involve the adoption and mainstreaming of innovative financial mechanisms for use by financial intermediaries and to enable increased financial support to smallholders in the Valles Macroregion. The project has 4 components:


  • I) Strengthened food and income security through climate resilient agricultural systems;
  • II) Smallholder water resources secured to reduce the risks from droughts and low rainfall;
  • III) Restored and conserved micro-watersheds and ecosystem functions and services;
  • IV) Enabling conditions created to implement and upscale climate-resilient agroecological management, climate-informed micro-watershed management, and access to financial mechanisms.



Investment Description
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Contact Information
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<address><span class="street">Casa La Paz 1 Calle 14 No. 8008 Calacoto, entre Av. Ricardo S&aacute;nchez Bustamante y calle Julio Pati&ntilde;o</span><br /><span class="city">LA PAZ, Bolivia (Plurinational State of)</span></address><address class="additional"><strong class="website-title">Sitio web</strong><br class="website-break" /><a class="truncate website" href="" target="_top"></a><br class="website-break" /><strong class="email-title">Email</strong><br /><span class="email"></span></address>

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