Planting Resilience in Rural Communities of the Northeast (PCRP) (GCF-FP143)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Specific Location
Region of Northeast Brazil
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.
Voting Date
Nov 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
Government of Brazil and International Fund for Agricultural Development (IFAD)
The holder of the loan, grant, or other investment.
Sectors
  • 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)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 99.50 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)
$ 65.00 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)
$ 34.50 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)
$ 202.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Oct 21, 2020

Disclosed by Bank Oct 7, 2020


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Project Description

According to the implementing agencies, the project will be implemented in northeast Brazil, in a semi-arid area, where 21.3 million people live (12% of the national population). It aims to transform the productive systems of farmers to increase production and face the challenges presented by climate change.
It will consist of three components:
• Climate-resilient production systems.
• Access to water.
• Knowledge, management and expansion.
The result will be resilient agricultural systems which perform restored ecosystem functions, increased and stabilized family incomes providing food security, and incentives to the younger generations to stay involved in rural activities.
It will benefit approximately 1,000,000 people in 250,000 family farms (of which 40% are women and 50% young), increase the resilience of agricultural production systems in 84,124 ha and restore degraded ecosystems of importance for the provision of environmental services . It will increase access to water for 36,000 families, increasing their resistance to droughts.
It will be implemented through an alliance between IFAD, the GCF, the Government of Brazil and BNDES, mobilizing resources and giving lessons, both in Brazil and abroad.

Investment Description
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Banco Nacional de Desenvolvimento Econômico e Social BNDES Client -

Contact Information

IFAD

Casa das Nações Unidas (ONU)
Praça Municipal Thomé de Souza s/n
Elevador Lacerda
40.020-010
Salvador - Bahia - Brazil


Banco Nacional de Desenvolvimento Econômico e Social (BNDES)1
Av. República do Chile, 100 - Centro
Rio de Janeiro – RJ
20031-917
Brazil

How to access the Ombudsperson?

The BNDES’ Ombudsperson can be accessed using the following:

  • Electronically: Contact the Ombudsperson
  • Phone: +55 21 2052-7447
  • Fax: +55 21 2052-7117 
  • Address: Avenida República do Chile, 100 - 19º andar
    20031-917 - Rio de Janeiro - RJ - Brazil