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projectFP026

Sustainable Landscapes in Eastern Madagascar

10000000
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation & Adaptation
GCF results areas
  • Energy generation and access
  • Forests and land use
  • Health, food and water security
  • Livelihoods of people and communities
  • Ecosystems and ecosystem services
Gender benefits 281,000 women UN Sustainable Development Goal #7 Affordable and clean energy

Location & People

Region
  • Africa
Country
  • Madagascar MG
Beneficiaries (approx.) 562,000

Investment Data

  • Financing:
    • Public
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category A
    • Category B
    • Category C
Total project investment
GCF Financing
  • Instrument Equity USD
  • Instrument Grant USD
Co-Financing
  • EIB (Green Bond) Loan USD
  • EIB (ACP SFF) Loan USD
  • Althelia Equity USD
  • CI Grant USD

Project owners

Accredited Entity Executing Entity
  • Conservation International Madagascar Program (CIM) Madagascar
  • Bureau National de Coordination des Changements Climatiques (BNCCC) Madagascar
  • Althelia Climate Fund GP Sarl (Althelia)
Sustainable Landscapes in Eastern Madagascar Approved October 2016 Duration 10.0 years
Sustainable landscape measures to enhance resilience of smallholders, reducing GHG emissions and channelling private finance into climate-smart investments in agriculture and renewable energy.

Madagascar is one of the most vulnerable countries to climate change in the world, with large numbers of smallholding farmers. There is a high level of food insecurity, precarity, and vulnerability to climate change. The landscape is dominated by natural forest, but deforestation is a source of GHG emissions and degradation of ecosystem services.

The project model is to initially address smallholder vulnerability through non-profit activities, that will prepare the smallholding farmers to eventually access private sector investment, providing a pathway out of extreme vulnerability and dependency. This approach is aimed at overcoming the barriers to private sector investment. Funds will be leveraged through the issuing of a pioneering Green / Climate Bond with all returns and profits being re-invested to capitalise a Climate Change Trust Fund for Madagascar. This will enable continued investment in landscape-level adaptation and mitigation activities.
Document title Published date
Funding proposal 28 Sep 2016
FP026 ESS Report 21 Oct 2016
Accredited Entity
  • Conservation International Foundation (CI) Steven Panfil, PhD Tel: +1 703 341 2822 Ms. Danielle Lien Tel: +1 703 341 2463
  • European Investment Bank (EIB) Ms. Kristina Eisele Tel: +352 437982387 Ms. Ines de Seixas Duarte Tel: +352 437970223
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