FP110
Ecuador REDD-plus RBP for results period 2014
Ecuador REDD-plus RBP for results period 2014
Acknowledging Ecuador’s REDD+ 2014 results - a total volume of 4,831,679 tonnes of carbon dioxide equivalent (tCO2eq) in emissions reductions - for GCF results-based payments (RBP)
These results have been reported to the United Nations Framework on Climate Change Convention (UNFCCC) and have undergone technical assessment. They are now fully UNFCCC compliant. Ecuador will use the results-based payments to invest in additional activities that support the implementation of their national REDD+ action plan. This includes developing policies and institutional management for REDD+; transitioning to sustainable agricultural production systems; sustainable forest management, conservation and restoration; and managing a national REDD+ action plan.
Project timeline
Pipeline
19 Jun 2018 - 385 days
Concept note received
19 Jun 2018
Funding proposal received
27 Jul 2018
Cleared by GCF Secretariat
08 Nov 2018
Legal opinion on AE's Internal Approval
21 May 2019
Cleared by iTAP
30 May 2019
Approved
08 Jul 2019 - 234 days
Approved by GCF Board
08 Jul 2019
FAA executed
11 Dec 2019
Under implementation
26 Feb 2020 - 1,516 days so far
FAA effective
26 Feb 2020
Disbursement - USD 18,571,766
28 Sep 2020
To be completed
26 Feb 2026 - 678 days to go
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Financing
- Private sector
- Public sector
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Size
- Micro
- Small
- Medium
- Large
GCF financing100% disbursed
| Instrument | Amount |
|---|---|
| Results-Based Payment | USD 18,571,766 |
| Total GCF Financing |
|---|
| USD 18,571,766 |
GCF Contacts
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Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
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Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
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Accredited Entity
United Nations Development Programme
Executive Coordinator and Director, Global Environment Finance
304 East 45th Street, FF-9th Floor, New York, NY, United States
Environmental Policy Specialist Global Environmental Finance, Bureau for Policy and Programme Support (BPPS)/Global Policy Network
More contacts
National Designated Authority
Ministry of Environment, Water and Ecological Transition
Undersecretary of Climate Change
Av. Madrid 1159 y Andalucía, Quito, Ecuador
Documents
| Title | Type | Date |
|---|---|---|
| 2022 Annual Performance Report for FP110:Ecuador REDD-plus RBP for results period 2014 | Annual Performance Report | 18 Aug 2023 |
| 2021 Annual Performance Report for FP110: Ecuador REDD-plus RBP for results period 2014 | Annual Performance Report | 01 Mar 2022 |
| 2020 Annual Performance Report for FP110: Ecuador REDD-plus RBP for results period 2014 | Annual Performance Report | 07 Jul 2021 |
| Gender action plan for FP110: Ecuador REDD-plus RBP for results period 2014 | Gender action plan | 05 Sep 2019 |
| Gender assessment for FP110: Ecuador REDD-plus RBP for results period 2014 | Gender assessment | 05 Sep 2019 |
| Ecuador REDD-plus RBP for results period 2014 | Approved funding proposal | 23 Jul 2019 |
| Environmental and social safeguards (ESS) report for FP110: Ecuador REDD-plus RBP for results period 2014 | Environmental and Social Safeguards report | 13 Sep 2018 |