Sustainable Landscapes in Eastern Madagascar

  • Cross-cutting
  • Under implementation
Date approved
14 Oct 2016
Completion date
08 May 2025
ESS Category
Category B
Financing
Private sector
Entity
Conservation International Foundation

Overview

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 a first-of-its-kind Green/Climate Bond, with all returns and profits from GCF’s investments in the private sector activities re-invested for climate activities in the country. This will enable continued investment in landscape-level adaptation and mitigation activities.

The project has an estimated lifespan of 10 years.

The total GCF financing amount approved at B.14 was USD 18.5 million. Due to the cancellation of certain activities, the amount has been reduced to USD 15,199,555.

Result areas

Countries

Regions

Priority groups

Project timeline

  • Pipeline

    209 days

    • Funding proposal received

    • Cleared by iTAP

  • Approved

    572 days

    • Approved by GCF Board

    • Legal opinion on AE's Internal Approval

    • FAA executed

  • Under implementation

    2,961 days so far

    • FAA effective

  • To be completed

    Not started

  • Total project value $ 16 million

  • Tonnes of CO2 equivalent avoided 5.0 million

  • Total number of beneficiaries 85.7 thousand

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 16 million

Show details

GCF-financing

100% disbursed

  • Grant USD 15,199,555
  • Total GCF-financing USD 15,199,555

Co-financing

  • Grant USD 800,000
  • Total co-financing USD 800,000

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