River Restoration for Climate Change Adaptation (RIOS) (GCF-SAP023)

Countries
  • Mexico
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.
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
Mar 16, 2021
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 Mexico
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
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 9.00 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)
$ 10.00 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 1, 2021

Disclosed by Bank Feb 23, 2021


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Project Description

The project seeks to increase the adaptation capacity in watersheds vulnerable to climate change, through river restoration and connectivity by: (i) conducting restoration, conservation and  improved productive activities, implemented by local organizations in the states of Jalisco and Veracruz; (ii) increasing local monitoring capacities to reduce climate vulnerability; (iii) catalyzing public and private climate-smart investments; and (iv) supporting the development of
climate policy in a National River Restoration Strategy.

The Project will operate in two regions highly affected by climate change. The two selected watersheds are Jamapa in the state of Veracruz and Ameca-Mascota in the state of Jalisco.

Project activities seek to: (i) reduce soil erosion to decrease sediments, improve water quality and diminish silting of watercourses; (ii) increase the time that water remains within the basin, decreasing the force and speed of runoff, as well as increasing infiltration; (iii) conserve soil for productive activities; (iv) moderate extreme temperature thanks to vegetation coverage.

As a result, the project will reduce climate vulnerability, mainly by reducing exposure to landslides, floods and droughts. Likewise, the project seeks to increase the adaptation capacity of the population and the resilience of ecosystems.

Investment Description

Contact Information

Fondo Mexicano para la Conservación de la Naturaleza A.C (FMCN)

https://fmcn.org/es