Planting Climate Resilience in Rural Communities of the Northeast (PCRP)

  • Cross-cutting
  • Under implementation
Date approved
13 Nov 2020
Est. completion
12 Dec 2031
ESS Category
Category B
Financing
Public sector
Entity
International Fund for Agricultural Development

Overview

The semi-arid region of Northeast Brazil has been experiencing periodic droughts and chronic water scarcity. The overall drought frequency, intensity and severity have increased over the past 36 years. The region is projected to experience a further temperature increase of between 0.5 and 2.0 °C from 2011 to 2040. This alarming increase in temperature will reduce agricultural crop productivity for smallholder farmers. 

This project will address these observed and projected climate impacts and will build the resilience of the most vulnerable farmers in Northeast Brazil, by transforming family farmers’ productive systems towards low-emission and climate-resilient agriculture. The project will increase access to water for agricultural production through solar irrigation, and support women, youth, and traditional communities to scale up other tested adaptation and mitigation measures in their agricultural activities.  

Result areas

Project timeline

  • Pipeline

    1,059 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Cleared by iTAP

  • Approved

    1,125 days

    • Approved by GCF Board

    • Legal opinion on AE's Internal Approval

    • FAA executed

  • Under implementation

    917 days so far

    • FAA effective

  • To be completed

    2,006 days to go

    Not started

  • Total project value $ 203 million

  • Tonnes of CO2 equivalent avoided 11.3 million

  • Total number of beneficiaries 2.5 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 203 million

Show details

GCF-financing

28% disbursed

  • Grant USD 34,500,000
  • Loan USD 65,000,000
  • Total GCF-financing USD 99,500,000

Co-financing

  • Loan USD 30,000,000
  • Loan USD 59,281,646
  • Grant USD 13,718,354
  • Total co-financing USD 103,000,000

Documents

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