Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic

  • Adaptation
  • Under implementation
Date approved
07 Oct 2021
Est. completion
05 Feb 2031
ESS Category
Category B
Financing
Public sector
Entity
Central American Bank for Economic Integration

Overview

The Central American Dry Corridor and the arid zones of the Dominican Republic are among the world's most vulnerable tropical regions to the impacts of climate change. Climate projections for the region indicate temperatures will increase and mean annual rainfall will decrease. These changes will be compounded by further changes in the El Niño-La Niña cycle, resulting in prolonged droughts and more frequent and extreme rainfall events across the region. As the Dry Corridor area constitutes a significant portion of Central America’s population and productive life, this will have severe consequences for agriculture and food security in the region.

The programme (implemented with the Central American Bank for Economic Integration) aims to strengthen the adaptive capacity and climate resilience of vulnerable, rural communities, including farmers and entrepreneurs, in the Dry Corridor region of Central America (Guatemala, Honduras, El Salvador, Costa Rica, Nicaragua and Panama) and in the arid zones of the Dominican Republic. Through financing and technical assistance, the programme will encourage private sector participation and create an enabling environment for the investment and uptake of large-scale ecosystem-based adaptation and water/energy-efficient technologies.

Result areas

Project timeline

  • Pipeline

    973 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

  • Approved

    852 days

    • Approved by GCF Board

    • Cleared by iTAP

    • Legal opinion on AE's Internal Approval

    • FAA executed

  • Under implementation

    862 days so far

    • FAA effective

  • To be completed

    1,696 days to go

    Not started

  • Total project value $ 268 million

  • Total number of beneficiaries 2.4 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 268 million

Show details

GCF-financing

4% disbursed

  • Grant USD 84,300,000
  • Loan USD 60,000,000
  • Guarantee USD 30,000,000
  • Total GCF-financing USD 174,300,000

Co-financing

  • Loan USD 42,840,000
  • Inkind USD 9,310,125
  • Inkind USD 7,000,000
  • Inkind USD 7,073,737.72
  • Inkind USD 10,289,261
  • Inkind USD 8,333,919
  • Inkind USD 4,000,000
  • Inkind USD 5,200,000
  • Total co-financing USD 94,047,042.72

Documents

Project contacts

Find the appropriate contacts for this project, including partner organizations and responsible entities.

See contact details