FP026
Sustainable Landscapes in Eastern Madagascar
Sustainable Landscapes in Eastern Madagascar
Sustainable landscape measures to enhance resilience of smallholders, reducing GHG emissions and channelling private finance into climate-smart investments in agriculture and renewable energy.
Madagascar is one of the most vulnerable countries to climate change in the world, with large numbers of smallholding farmers. There is a high level of food insecurity, precarity, and vulnerability to climate change. The landscape is dominated by natural forest, but deforestation is a source of GHG emissions and degradation of ecosystem services.
The project model is to initially address smallholder vulnerability through non-profit activities, that will prepare the smallholding farmers to eventually access private sector investment, providing a pathway out of extreme vulnerability and dependency. This approach is aimed at overcoming the barriers to private sector investment. Funds will be leveraged through a first-of-its-kind Green/Climate Bond, with all returns and profits from GCF’s investments in the private sector activities re-invested for climate activities in the country. This will enable continued investment in landscape-level adaptation and mitigation activities.
The project has an estimated lifespan of 10 years.
Project timeline
Pipeline
20 Mar 2016 - 209 days
Funding proposal received
20 Mar 2016
Cleared by iTAP
30 Sep 2016
Approved
14 Oct 2016 - 572 days
Approved by GCF Board
14 Oct 2016
Legal opinion on AE's Internal Approval
20 Sep 2017
FAA executed
16 Mar 2018
Under implementation
08 May 2018 - 2,171 days so far
FAA effective
08 May 2018
Disbursement - USD 800,000
31 Jul 2018
Annual Performance Report
27 Feb 2019
Disbursement - USD 1,600,000
15 Apr 2019
Disbursement - USD 1,700,000
07 Nov 2019
Disbursement - USD 1,900,000
17 Mar 2020
Disbursement - USD 2,600,000
23 Feb 2021
Disbursement - USD 2,000,000
13 Jun 2022
Disbursement - USD 2,500,000
13 Dec 2022
Disbursement - USD 2,650,000
08 Dec 2023
To be completed
08 May 2025 - 387 days to go
One region
- Africa
One country
Two priority groups
- Least Developed Countries
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing85% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 18,500,000 |
| Total GCF Financing |
|---|
| USD 18,500,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 800,000 |
| Total Co-Financing |
|---|
| USD 800,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Accredited Entity
Conservation International Foundation
Vice President CI-GCF Agency
2011 Crystal Drive, Suite 600 Arlington, VA 22202, United States
Director, Project Development CI-GCF Agency
2011 Crystal Drive, Suite 600 Arlington, VA 22202, United States
More contacts
National Designated Authority
Ministry of the Environment and Sustainable Development
Director of the National Office for Climate Change Coordination
B.P 3948, Rue Toto Radola - Antsahavola, Antananarivo, Madagascar
Documents
News + Stories
Empowering farmers and protecting forests in Eastern Madagascar
21 Dec 2021 / In spite of only producing 0.01% of the world’s annual carbon dioxide emissions, Madagascar is facing the brunt of climate change. Extended droughts, lesser incidences of rainfall, and aggressive cyclones devastate the population’s livelihoods, a great deal of which relying on agriculture. With harsh environmental conditions and low yields and incomes, smallholder farmers turn to alternative sources of revenue and food to survive.
