Extended Community Climate Change Project-Flood (ECCCP-Flood) (GCF-SAP008)

Countries
  • Bangladesh
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
C
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 14, 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
Palli Karma-Sahayak Foundation
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)
$ 9.70 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)
$ 13.33 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 Mar 13, 2020


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Project Description

According to bank documents, the project aims to "increase resilience of the climate vulnerable community in flood prone areas of Bangladesh. This will be achieved through four outcomes i.e. (1) Institutions (Implementing Entities) and community groups strengthened capacity on addressing climate change, (2) Protection of homestead from adverse effect of flood, (3) Increased access to safe water and sanitation and (4) Access to flood resilient livelihood.

Under outcome 1, the project will enhance capacity of 10 organizations (IEs) to implement climate change adaptation projects at community level. It will also increase capacity of 90,000beneficiaries in the flood vulnerable areas on climate change vulnerabilities and impacts through class room training, meetings and group exercises. The project will produce and document lessons and share these lessons in different levels of stakeholders. The project will also generate information and knowledge on effective implementation of community based adaptation projects through GIS and result based monitoring system.

Under outcome 2, the project will raise plinth of 45,000 vulnerable people in cluster basis with alluvial sand above flood level in the riverine char land of Brahmaputra and Teesta river. The project will also facilitate the plinth dwellers to cultivate vegetables and plant trees round the year on the raised plinth.

Under outcome 3, the project will install 500 flood resilient shallow tube wells for safe drinking water and 2810 sanitary latrines for hygiene. Necessary awareness sessions on health and hygiene will be conducted in the monthly group meetings of CCAGs.

Under outcome 4,the project will enhance resilience of livelihoods of 45,000 beneficiaries against flood. The project will have both grant and loan financing. GCF will provide grant support whereas PKSF will provide both loan and grant (in kind) support. This is mainly because, the project will be implemented in remote climate vulnerable areas. In many cases, the government waves loan of the vulnerable community particularly due to affected by natural disasters including flood. That means, providing loan to the vulnerable community is very risky investment and difficult to recover the loan. That’s why, the project does not propose loan from GCF."

Investment Description
  • Green Climate Fund (GCF)

Co-financing:

  • Palli Karma-Sahayak Foundation  USD 3.3 million (Loan)
  • Palli Karma-Sahayak Foundation  USD 0.344 million
Contact Information

Accredited Entity
Palli Karma-Sahayak Fundation
Md. Fazlul Kader, Deputy Managing Director
fazlulkader@pksf-bd.org

Fazle Rabbi Sadeque Ahmed, Project Coordinator
frsa1962@yahoo.co.uk

National Designated Authority
Economic Relations Division (ERD), Ministry of Finance
Monowar Ahmed, Secretary
Economic Relations Division (ERD), Ministry of Finance, Block No:8, Room no: 3&4, Shere-e-Bangla Nagar, Dhaka, Bangladesh
+88029113743, +88029133489
secretary@erd.gov.bd, ahmedmonowar@hotmail.com

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.