Mitigation and adaptation to climate change under agroforestry systems in cocoa production in the Amazon and Atlantic Forest biomes (GCF-SAP061)

Countries
  • Brazil
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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
Oct 30, 2025
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.
Borrower
Government of Brazil
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 23.10 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.
Grant Amount (USD)
$ 23.10 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)
$ 31.00 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 Jul 29, 2026

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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.

According to the GCF, Man-made activity, particularly land use change due to the conversion of rainforest to agriculture, is a key driver of emissions in Brazil. According to the Greenhouse Gases Emissions Estimation System (SEEG), in 2023, Brazil recorded 2,295.6 MtCO2eq gross emissions, with the states of Pará and Bahia ranking high in gross CO2eq emissions due to land use change.

Cocoa is a climate-sensitive crop grown by smallholder farmers who are highly vulnerable to the adverse impacts of climate change. Rising temperatures, erratic rainfall, prolonged droughts, and increased incidence of pests and diseases reduce cocoa yields and threaten cocoa farmers' livelihoods. Climate projections for Bahía and Pará indicate rapidly rising temperatures and decreasing precipitation, drastically reducing cocoa productivity and threatening the sustainability of the supply chain and local economies.

This project aims to reverse the trend of deforestation and greenhouse gas emissions by agriculture and reduce the climate vulnerability of ecosystems in cocoa farming communities by recovering deforested areas in priority municipalities in Pará and Bahia. It will promote agroforestry systems integrating cocoa with shade trees and native species, offering a nature-based solution to build resilience and contribute to climate mitigation. Restoring 12,500 hectares of degraded land will begin by supplying cocoa-AFS kits to 2,500 smallholder farmers.

Supporting farmers in accessing public and private finance will contribute to scaling up project results in the future, and improved acknowledgement management and monitoring instruments will aid in establishing a specialised cocoa-focused extension network to broadcast sustainable practices across the value chain. The project’s focus on the Amazon biome supports a keystone for the planet’s biodiversity and climate. It emphasises gender equity and fair labour, particularly in the capacity building of women and youth.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
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ACCESS TO INFORMATION

Requests for project information may be submitted using the IDP Request for Information by email to: disclosure@gcfund.org.

You can also submit an information request using this online form: https://www.greenclimate.fund/about/disclosure/form.  Additionally, if information requested is denied, an appeal can be filed to the Information Appeals Panel: iap@gcfund.org.  You can learn more about the Information Appeals Panel at: https://www.greenclimate.fund/about/disclosure/appeals.

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND 

The Independent Redress Mechanism (IRM) addresses complaints by people who believe they are negatively affected or may be affected by projects or programmes funded by the Green Climate Fund (GCF). The complainant can raise issues related to any of GCF’s policies and procedures, including those relating to social and environmental issues, indigenous peoples, gender, and information disclosure, among others. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating problem solving or conducting a compliance process. You can learn more about the Independent Redress Mechanism and how to file a complaint at https://irm.greenclimate.fund/.

You can access a video about the IRM (English) at: https://youtu.be/1LanbriVhfs.

A brochure about the IRM can be accessed in English, French, Spanish, Portuguese, Arabic, Mandarin, Mongolian, Vietnamese, Russian, Ukrainian, Korean, German, and Kiswahili at: https://irm.greenclimate.fund/.

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