Thai Rice: Strengthening Climate-Smart Rice Farming

  • Cross-cutting
  • Under implementation
Date approved
25 Oct 2023
Est. completion
19 Jan 2029
ESS Category
Category B
Financing
Public sector
Entity
Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH

Overview

Rice is Thailand’s most important food crop, accounting for roughly half of the country’s agricultural land and employing more than 18 million smallholder farmers. Methane from flooded rice fields and CO2 emissions from the annual burning of rice straw, however, make up a significant portion of the country’s greenhouse gas (GHG) emissions. At the same time, many smallholder farmers struggle to cope with climate change-induced fluctuations in rainfall patterns that have multiplied floods and drought, damaging farmers’ crops and threatening livelihoods. 

The Thai Rice project is the first GCF project to focus solely on transforming rice production systems with a focus on circular economy solutions. Globally, rice food systems account for GHG emissions equivalent to those of the aviation sector. This project will support Thai rice farmers and service providers in the adoption of a series of climate-smart technologies and practices and deliver farmer-friendly financial products to sustainably manage rice farming. The intervention is projected to significantly decrease methane emissions and water-usage from rice farming in Thailand, while also boosting farmers’ overall climate resilience. The project will also allow for Thai rice-farmers to recycle their rice straw into new products and create new local market opportunities.  

Result areas

Project timeline

  • Pipeline

    864 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Legal opinion on AE's Internal Approval

    • Cleared by iTAP

  • Approved

    87 days

    • Approved by GCF Board

    • FAA executed

  • Under implementation

    879 days so far

    • FAA effective

    • Disbursement - USD 10,129,527

  • To be completed

    949 days to go

    Not started

  • Total project value $ 137 million

  • Tonnes of CO2 equivalent avoided 12.6 million

  • Total number of beneficiaries 1.0 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 137 million

Show details

GCF-financing

23% disbursed

  • Grant USD 44,442,520.02
  • Total GCF-financing USD 44,442,520.02

Co-financing

  • Grant USD 4,994,411.85
  • Loan USD 34,925,956.97
  • Inkind USD 53,099,096.58
  • Total co-financing USD 93,019,465.4

Documents

Project contacts

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

See contact details