Inclusive Green Financing for Climate Resilient and Low Emission Smallholder Agriculture (GCF-SAP012)

Countries
  • Niger
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
U
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 1, 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
Government
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
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)
$ 9.44 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)
$ 6.61 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)
$ 2.83 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)
$ 12.75 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 Jan 22, 2020


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Project Description

Inclusive green financing for climate resilient and low emission smallholder agriculture is the first Green Climate Fund (GCF) lending project to be implemented at scale in Niger. Building on the International Fund for Agricultural Development’s (IFAD) lessons learnt and its partners’ experiences in the country, this project’s main objective is to support the building and scaling up of the resilience and adaptive capacity of rural communities and farmers’ organizations. These organizations include youth and women’s organizations, cooperatives and MSMEs. The focus will be on building the resilience of their agricultural and water resource management practices to current and future climate risks in four critical agro-ecological zones: Zinder, Maradi, Dosso and Tahoua. It will further contribute to reducing greenhouse gas emissions from energy use within agricultural value chains through water mobilization, processing, packaging etc. and the promotion of renewable energy technologies (RETs). The project will achieve these objectives by removing key barriers to accessing financial and non-financial services that support farmers in adopting and implementing climate change adaptation and mitigation best practices and solutions. This
GCF project will build upon synergies with the active IFAD portfolio in Niger to reinforce its goal of reduce the impact of climate change on the food security of smallholder farmers and pastoralists through inclusive green financing (particularly for women and youth) in Niger. The project will directly target 25,000 smallholder farmers and approximately 150,000 indirect beneficiaries already targeted by the new IFAD investment in Niger.

Investment Description
  • Green Climate Fund (GCF)
Contact Information

International Fund for Agricultural Development (IFAD)

Ms. Margarita Astralaga

Tel: +39 06 5459 2151

 

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.