Overview
The Caribbean Region (CR) holds the highest biodiversity in Nicaragua and is part of the important central American biodiversity corridor. However, the CR is experiencing the highest deforestation and forest degradation rates of any region in the country due to unsustainable management of ecosystems, demographic pressure, and a lack of investments.
The project aims to restore degraded forest landscapes in the most biodiversity rich region of Nicaragua, the CR, and to channel investments into sustainable land-use management and forest management. It supports the implementation of the national REDD+ strategy, aiming to reduce 47.3 million tonnes of carbon dioxide equivalent (MtCO₂eq) in emissions through reducing deforestation over 20 years. The project activities will reinforce interventions consisting of targeted investments for sustainable landscape restoration and management, the creation of an enabling investment environment, and development of strong local capacity for territorial governance and law enforcement, with the necessary supporting tools and instruments.
Countries
Regions
Project timeline
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Pipeline
607 days
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Concept note received
-
Funding proposal received
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Cleared by GCF Secretariat
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Cleared by iTAP
-
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Approved
392 days
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Approved by GCF Board
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Legal opinion on AE's Internal Approval
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FAA executed
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Under implementation
820 days
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FAA effective
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FAA terminated
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Terminated
Other Data
- Size
- Medium
- Project number
- FP146
- Risk category
- Category A
- Subtype
- Public sector
- Theme
- Mitigation
- Status
- Terminated
- Duration
- 7
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Total project value $ 117 million
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Tonnes of CO2 equivalent avoided 47.3 million
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 117
million
Show details
GCF-financing
- Loan USD 37,954,962
- Grant USD 26,139,067
- Total GCF-financing USD 64,094,029
Co-financing
- Loan USD 19,949,506
- Grant USD 24,316,473
- Grant USD 8,282,213
- Total co-financing USD 52,548,192
News and stories
Documents
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Environmental and social safeguards (ESS) report for FP146: Bio-CLIMA: Integrated climate action to reduce deforestation and strengthen resilience in BOSAWÁS and Rio San Juan Biospheres
- Environmental and Social Safeguards report
- 04 Oct 2023
- CABEI
- FP146
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Board decision on Compliance Review Report C-0006-Nicaragua (Bio-CLIMA, FP146)
- Operational document
- 20 Jul 2023
- CABEI
- FP146
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Gender assessment for FP146: Bio-CLIMA: Integrated climate action to reduce deforestation and strengthen resilience in BOSAWÁS and Rio San Juan Biospheres
- Gender assessment
- 19 Nov 2020
- CABEI
- FP146
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Gender action plan for FP146: Bio-CLIMA: Integrated climate action to reduce deforestation and strengthen resilience in BOSAWÁS and Rio San Juan Biospheres
- Gender action plan
- 19 Nov 2020
- CABEI
- FP146
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Bio-CLIMA: Integrated climate action to reduce deforestation and strengthen resilience in BOSAWÁS and Rio San Juan Biospheres
- Approved funding proposal
- 13 Nov 2020
- CABEI
- FP146
Project contacts
Find the appropriate contacts for this project, including partner organizations and responsible entities.
See contact details
Project contacts
Entity info
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Mr. Manfred Kopper
Primary
Chief Sustainability Officer / Environmental and Social Sustainability Office
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Mr. Rubén Avila
Secondary
Sustainable Finance and Partnerships Specialist
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
Secretariat of Climate Change of the Presidency (SCCP) and Ministry of the Environment and Natural Resources (MARENA) (Nicaragua)
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Her Excellency Heyddy Calderón Palma
Secondary
Minister of Environment and Natural Resources
Avenida de Bolivar a Chávez, Costado sur de la Asamblea Nacional, Managua, Nicaragua
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Mr. Javier Gutierrez Ramirez
Operational Focal Point
Viceminister of Environment and Natural Resources and Secretary of Climate Change of the Presidency of the Republic of Nicaragua
Kilómetro 12 ½ Carretera Norte frente a Corporaciones Zona Franca las Mercedes, Managua, Nicaragua