Overview
Life in the Galapagos Islands is at risk because of climate change. Extreme weather events, warming lands and ocean, and sea level rise threaten the archipelago’s farming and fishing communities, as well as its rich marine and terrestrial ecosystems. Furthermore, energy generation in the Galapagos heavily relies on imported fossil fuels and inefficient power grids, increasing the carbon footprint in its agriculture, fisheries, and tourism sectors.
To help establish a sustainable and self-sufficient island system, this project aims to strengthen local communities through the rehabilitation of ecosystems and the promotion of climate-smart agriculture and tourism practices. This project will also assist the establishment of the Conolophus local power plant and de-risk investments for decentralised renewable energy sources, reducing overall energy dependence on imported diesel.
To maintain climate resilience and low emission measures, the project will also mainstream climate change in regulatory frameworks and planning instruments, including the establishment of an ecotourism certification scheme and educational curricula for climate knowledge among local citizens.
Result areas
Countries
Regions
Project timeline
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Pipeline
1,094 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
-
-
Approved
1,135 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
355 days so far
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FAA effective
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To be completed
Not started
Other Data
- Size
- Medium
- Project number
- FP185
- Risk category
- Category A
- Subtype
- Public sector
- Theme
- Cross-cutting
- Status
- Under implementation
- Duration
- 5
-
Total project value $ 118 million
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Tonnes of CO2 equivalent avoided 584 thousand
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Total number of beneficiaries 568 thousand
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 118
million
Show details
GCF-financing
- Loan USD 20,000,000
- Grant USD 34,730,152.76
- Loan USD 10,541,146.19
- Total GCF-financing USD 65,271,298.95
Co-financing
- Loan USD 30,231,919.79
- Grant USD 210,000
- Equity USD 18,000,000
- Equity USD 3,882,339.46
- Total co-financing USD 52,324,259.25
Documents
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Climate Change: The New Evolutionary Challenge for the Galapagos
- Approved funding proposal
- 16 Jun 2022
- CAF
- FP185
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Gender assessment for FP185: Climate Change: The New Evolutionary Challenge for the Galapagos
- Gender assessment
- 01 Jun 2022
- CAF
- FP185
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Gender action plan for FP185: Climate Change: The New Evolutionary Challenge for the Galapagos
- Gender action plan
- 01 Jun 2022
- CAF
- FP185
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Environmental and social safeguards (ESS) report for FP185: Climate Change: The New Evolutionary Challenge for the Galapagos
- Environmental and Social Safeguards report
- 25 Apr 2022
- CAF
- FP185
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. Ignacio Lorenzo
Primary
Climate Action and Positive Biodiversity, Director
Ciudadela 1235, Montevideo, Uruguay
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Ms. Maria Moreno Cordoba
Secondary
Climate Action and Positive Biodiversity, Principal Executive
Carrera 9 No 76-49, Edificio ING, piso 7, Bogotá, Colombia
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 Environment and Energy (Ecuador)
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Ms. Jessica Stefanía Gallegos Yaruquí
Primary
Undersecretary of Climate Change
Av. República de El Salvador N36-64 y Suecia 170135, Quito, Ecuador
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Ms. Daysy Alexandra Cárdenas Bautista
Secondary
Climate Change Adaptation Director
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Ms. Andrea Carolina Pareja Ruiz
Tertiary
Climate Change Adaptation Specialist