Overview
Empowering vulnerable women groups in the country’s most vulnerable agricultural zone by improving their participation in low-emission climate resilient agricultural practices
Although women carry out about 70 percent of agricultural activities in Ghana, they often do not have full control over incomes and agricultural products. They also lack access to formal, financing channels.
This programme is an on-lending programme providing credit lines to local commercial banks. These loans will exclusively target micro, small, and medium-sized enterprises (MSMEs) and farmer-based associations led by women to support low-emissions and climate-resilient agricultural practices. It seeks to empower women entrepreneurs through enhanced access to finance. This proposal was selected under the GCF MSME request for proposal pilot programme in 2016.
The Secretariat, in consultation with the Accredited Entity and National Designated Authority, will present to the Board options regarding increasing the grant portion of GCF funding to the benefit of the most vulnerable women.
This project has an estimated lifespan of 5 years.
Result areas
Countries
Regions
Priority groups
Project timeline
-
Pipeline
1,043 days
-
Concept note received
-
Funding proposal received
-
Cleared by GCF Secretariat
-
Cleared by iTAP
-
-
Approved
981 days
-
Approved by GCF Board
-
Legal opinion on AE's Internal Approval
-
FAA executed
-
-
Under implementation
1,555 days so far
-
FAA effective
-
-
To be completed
272 days to go
Not started
Other Data
- Size
- Small
- Project number
- FP114
- Risk category
- Intermediation 2
- Subtype
- Private sector
- Theme
- Cross-cutting
- Group
- African States
- Status
- Under implementation
- Duration
- 4
-
Total project value $ 25.6 million
-
Tonnes of CO2 equivalent avoided 3.2 million
-
Total number of beneficiaries 374 thousand
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 25.6
million
Show details
GCF-financing
52% disbursed
- Loan USD 13,250,000
- Grant USD 6,750,000
- Total GCF-financing USD 20,000,000
Co-financing
- Inkind USD 600,000
- Loan USD 5,000,000
- Total co-financing USD 5,600,000
Documents
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2023 Annual Performance Report for FP114: Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agricultural Practices in Ghana
- Annual Performance Report
- 08 Oct 2024
- AfDB
- FP114
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2022 Annual Performance Report for FP114: Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agricultural Practices in Ghana
- Annual Performance Report
- 20 Nov 2023
- AfDB
- FP114
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Gender action plan for FP114: Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agricultural Practices in Ghana
- Gender action plan
- 05 Sep 2019
- AfDB
- FP114
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Gender assessment for FP114: Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agricultural Practices in Ghana
- Gender assessment
- 05 Sep 2019
- AfDB
- FP114
-
Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agricultural Practices in Ghana
- Approved funding proposal
- 23 Jul 2019
- AfDB
- FP114
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Environmental and social safeguards (ESS) report for FP114: Program on Affirmative Finance Action for Women in Africa (AFAWA): Financing Climate Resilient Agricultural Practices in Ghana
- Environmental and Social Safeguards report
- 05 Jun 2019
- AfDB
- FP114
Project contacts
Find the appropriate contacts for this project, including partner organizations and responsible entities.
See contact details
Project contacts
Entity info
GCF team
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Press enquiries and interviews
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GCF Communications
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Request for information
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GCF Information Disclosure
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Project complaints and grievances
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GCF Independent Redress Mechanism (IRM)
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Integrity issues
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GCF Independent Integrity Unity (IIU)
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National Designated Authority
Ministry of Finance (Ghana)
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Mr. Samuel Arkhurst
Primary
Director, Real Sector Division
P.O.Box MB40, Ministries, Accra, Ghana
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Mrs. Phyllis Fraikue
Secondary
Head. Climate, ESG and EITI Unit, Real Sector Division
P.O.Box MB40, Ministries, Accra, Ghana