This PPF request supports the preparation of a fully compliant GCF Funding Proposal for the Climate-resilient Watersheds and Communities through Nature-based Solutions and Innovative Financing in the Dominican Republic (CReW-DR), the first national GCF project for the country. The CReW-DR project addresses critical climate vulnerabilities in the Yaque del Norte watershed and the coastal municipality of Miches through nature-based solutions and innovative financing mechanisms. TNC will provide approximately 27% of the total preparation budget as co-financing. The nine PPF activities are:

1. NbS feasibility studies and participatory climate risk and vulnerability assessments
2. Environmental and Social Safeguards documentation (ESMF, GRM, LMP, SEAH protocols)
3. Gender analysis, Gender Assessment and Gender Action Plan (GAP)
4. Stakeholder engagement and consultations, including Stakeholder Engagement Plan (SEP)
5. Comprehensive risk assessments and Risk Management Plan
6. Financial structuring, loan pricing, economic and financial analysis (EFA)
7. Monitoring and Evaluation Plan and Theory of Change
8. Detailed budget plan, implementation timetable, and procurement plan
9. Integration of all technical inputs into the complete GCF Funding Proposal Package All activities will be completed within 12 months, with a 6-month period for GCF Secretariat and ITAP review support.

All activities will be completed within 12 months, with a 6-month period for GCF Secretariat and ITAP review support.