The Unidad Para el Cambio Rural (Unit for Rural Change, UCAR) is a national entity located in Argentina, specifically a government agency within a ministry, which is responsible for implementing environmental and social (E&S) sustainable projects financed totally or partially by external resources at the national and provincial levels. UCAR offers a wide variety of public investments in rural services and infrastructure through grants, concessional loans and guarantees. UCAR, in partnership with national stakeholders, has a strategy in place to support national sustainable development and growth, particularly in the forestry, agriculture, sugar industry, fisheries, aquaculture, training and innovation sectors. UCAR recently has a climate change project portfolio worth more than US$ 467.5 million: taking into account programmes related to increasing adaptive capacities, the portfolio of UCAR is worth over US$ 1.3 billion. Accreditation to the GCF provides an opportunity for UCAR to: incorporate a climate change focus into all of its projects/programmes; further develop adaptation projects in its existing programmes; work on maximizing the impact of the funds; and continue to incorporate gender-focused E&S benefits into projects/programmes.
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Accreditation timeline
Accreditation term 1
Pending
Accreditation date
07 Mar 2016
AMA execution date
28 Oct 2016
AMA effectiveness
Pending
Term end date
Pending
Entity details
Size
Micro
Small
Medium
Large
Environmental and social risk category
Category C
Category B
Category A
Intermediation 3
Intermediation 2
Intermediation 1
Fiduciary standards
Basic
Project management
Grant award
On-lending/blending:
Loan
Equity
Guarantee
Blending
News + Stories
Tackling adversity with diversity key to climate response, says GCF workshop participant
31 May 2017 / One of the best ways to deal with recurring droughts and floods in Argentina is to diversify land management, a government agency representative said at a recent GCF workshop.