Inclusive Green Financing for Climate Resilient and Low Emission Smallholder Agriculture

  • Cross-cutting
  • Under implementation
Date approved
14 Nov 2019
Completion date
02 Dec 2025
ESS Category
Category C
Financing
Public sector
Entity
International Fund for Agricultural Development

Overview

Improving access to credit for smallholder farmers in Niger to implement climate-resilient and low-emission agriculture.

Current predictions show that agricultural production in Niger is estimated to drop by 20 percent, threatening the livelihoods of 85 percent of Nigerians whose employment depends on agriculture. Investments in climate-resilient and low-emission agriculture are perceived as high risk, especially by the local financial sector. 

The project incentivises the participation of the private sector by engaging with commercial banks and microfinance institutions. It will provide much desired financial support to smallholder farmers by increasing access to credit in tandem with technical assistance and capacity building.

Result areas

Project timeline

  • Pipeline

    352 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Cleared by iTAP

  • Approved

    385 days

    • Approved by GCF Board

    • Legal opinion on AE's Internal Approval

    • FAA executed

  • Under implementation

    2,022 days so far

    • FAA effective

  • To be completed

    Not started

  • Total project value $ 13.4 million

  • Tonnes of CO2 equivalent avoided 1.6 million

  • Total number of beneficiaries 175 thousand