FP107
Supporting Climate Resilience and Transformational Change in the Agriculture Sector in Bhutan
Supporting Climate Resilience and Transformational Change in the Agriculture Sector in Bhutan
Supporting Climate Resilience and Transformational Change in the Agriculture Sector in Bhutan
Addressing climate change challenges and enhancing the resilience of smallholder farmers in eight districts of Bhutan through integrated climate-resilient agriculture.
As a landlocked and mountainous Least Developed Country, Bhutan is highly vulnerable to climate change – with statistically significant increases recorded in both the length of the dry season and indices of extremes in daily rainfall.
This project will promote climate resilient agricultural practices, integrate climate change risk data into water and land management to support smallholders, and reduce the risk and impact of climate change-induced landslides during extreme events that disrupt market access. The project will be implemented with the Kingdom of Bhutan acting through its Gross National Happiness Commission (GNHC) as the executing entity.
This project has an estimated lifespan of 26 years.
Project timeline
Pipeline
28 Jan 2016 - 1258 days
Concept note received
28 Jan 2016
Funding proposal received
01 Apr 2017
Legal opinion on AE's Internal Approval
01 Aug 2018
Cleared by GCF Secretariat
29 Nov 2018
Cleared by iTAP
14 Jun 2019
Approved
08 Jul 2019 - 123 days
Approved by GCF Board
08 Jul 2019
FAA executed
27 Sep 2019
Under implementation
07 Nov 2019 - 1,650 days so far
FAA effective
07 Nov 2019
Disbursement - USD 3,096,334
05 Feb 2020
Disbursement - USD 4,743,094
25 Mar 2021
Disbursement - USD 4,900,450
09 Mar 2022
Disbursement - USD 4,620,511
14 Feb 2023
Disbursement - USD 4,197,534
31 Jan 2024
To be completed
07 Nov 2025 - 544 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing85% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 25,347,194 |
| Total GCF Financing |
|---|
| USD 25,347,194 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 1,990,000 |
| Co-Financing | Grant | USD 968,000 |
| Co-Financing | In-kind | USD 242,000 |
| Co-Financing | Grant | USD 19,866,000 |
| Co-Financing | In-kind | USD 9,052,000 |
| Co-Financing | In-kind | USD 550,000 |
| Total Co-Financing |
|---|
| USD 32,668,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Accredited Entity
United Nations Development Programme
Executive Coordinator, ad interim (A.I)
304 East 45th Street, FF-9th Floor, New York, United States
Principal Advisor Environmental Law and Policy
304 East 45th Street, FF-9th Floor, New York, United States
More contacts
National Designated Authority
Department of Macro-fiscal and Development Finance (DMDF), Ministry of Finance
Director
Post Box 127, Tashichhodzong, Thimphu,, Thimphu, Bhutan
Chief, Development Coordination and Debt Management Division (DCDMD), DMDF, Ministry of Finance
GCF Focal Officer, DCDMD, DMDF, Ministry of Finance