Full Bleed Image Full Bleed Image

Single Project Single Project

Last updated

projectFP048

Low-Emission Climate Resilient Agriculture Risk Sharing Facility for MSMEs

9166601
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation & Adaptation
GCF results areas
  • Forests and land use
  • Health, food and water security
  • Livelihoods of people and communities
UN Sustainable Development Goal #2 Zero hunger

Location & People

Region
  • Latin America & Caribbean
Countries
  • Guatemala GT
  • Mexico MX
Beneficiaries (approx.) 802,980

Investment Data

  • Financing:
    • Public
    • Public / Private
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category I1
    • Category I2
    • Category I3
Total project investment
GCF Financing
  • Instrument Loan USD
  • Instrument Guarantee USD
  • Instrument Equity USD
  • Instrument Grant USD
Co-Financing
  • Inter-American Development Bank Grant USD
  • Inter-American Development Bank Equity USD
  • Inter-American Development Bank Guarantee USD
  • Inter-American Development Bank Loan USD
  • Financial institutions, corporations, private investors Other USD

Project owners

Accredited Entity Executing Entity
  • Financial Intermediaries and anchor corporations in the climate-smart agricultural and agroforestry sectors
Low-Emission Climate Resilient Agriculture Risk Sharing Facility for MSMEs Approved October 2017 Duration 15.0 years
Supporting the transition to low emission, climate resilient agriculture in Guatemala and Mexico through the creation of a risk sharing facility to unlock innovative and scalable financial instruments for MSMEs.

In Latin America, the combined effects of climate change, inequality and population pressures are escalating the food and nutrition security and income challenges faced by smallholder farmers. In the Caribbean, rising sea levels are leading to increased agricultural land loss and causing more widespread damage to agricultural systems as a result of saline intrusions into coastal aquifers.

The risk-sharing facility created by GCF and IDB will target agricultural MSMEs that demonstrate environmentally sustainable practices. It will support them to engage lenders for the longer-term loans needed for climate-smart investments. GCF’s investment in this programme will support both mitigation and adaptation outcomes. The risk-sharing facility will attract additional local and international private sector investors, resulting in significant additional private capital being channelled into these activities.
Document title Published date
Funding proposal 11 Sep 2017
ESS report 13 Sep 2017
Accredited Entity
  • Inter-American Development Bank (IDB) Mr. Matias Bendersky Tel: +1 (202) 623-1723 Ms. Amal-Lee Amin Tel: +1 (202) 623-1924
^ Back to top