Priming Financial and Land Use Planning Instruments to Reduce Emissions from Deforestations

Priming Financial and Land Use Planning Instruments to Reduce Emissions from Deforestations

  • Status Under implementation
  • Date approved 14 Oct 2016 at B.14
  • Est. completion 22 Nov 2023
  • ESS Category Category B

Reducing deforestation in Ecuador by investments to support sustainable agricultural production and conservation of forests.

The Reducing Emissions from Deforestation and forest Degradation (REDD) mechanism has been boosted by the Warsaw Framework on REDD+ under COP19. The decisions taken specified that countries would develop work programmes to address deforestation, and anticipated that applications for support in results-based financing could be made to the Green Climate Fund.

Deforestation levels in Ecuador amounted to 109,000 hectares per year between 2000 and 2009, with over 99% of deforested land being transformed into agricultural areas. Ecuador’s REDD+ Action Plan addressed the drivers of this deforestation.

GCF’s investment will co-finance the Action Plan. Targeted investment will control agricultural expansion into forest areas, whilst agricultural and livestock production practices will be implemented to reduce deforestation. Land-use zoning plans will be aligned with national climate change-related targets, and measures will be implemented to support restoration, conservation and sustainable production in vulnerable watersheds. The project will also ensure that financial instruments are aligned with the objectives of the action plan, by orienting public credit lines towards sustainable agricultural production practices, promoting tax incentives for REDD-supportive activities, and strengthening purchasing policies for deforestation-free commodities, their certification and traceability.

The project has an estimated lifespan of 5 years.

Total project value


Tonnes of emissions avoided




Result areas

Project timeline


29 May 2015 - 505 days

Concept note received

29 May 2015

Funding proposal received

04 Dec 2015

Cleared by GCF Secretariat

30 Jul 2016

Legal opinion on AE's Internal Approval

28 Sep 2016


14 Oct 2016 - 221 days

Approved by GCF Board

14 Oct 2016

Cleared by iTAP

14 Oct 2016

FAA executed

19 May 2017

Under implementation

22 May 2017 - 2,561 days so far

FAA effective

22 May 2017

Disbursement - USD 7,901,895

04 Jul 2017

Annual Performance Report

23 Mar 2018

Annual Performance Report

01 Mar 2019

Disbursement - USD 10,724,992

22 Mar 2019

Disbursement - USD 11,156,592

03 Feb 2020

Disbursement - USD 7,378,595

24 Nov 2021

Disbursement - USD 4,010,665

17 Nov 2022

To be completed

22 Nov 2023 - -185 days to go

One region

  • Latin America and the Caribbean

One country

  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing100% disbursed

GrantUSD 41,172,739
Total GCF Financing
USD 41,172,739


Co-FinancingGrantUSD 40,245,550
Co-FinancingGrantUSD 1,769,458
Co-FinancingGrantUSD 820,900
Total Co-Financing
USD 42,835,908

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
Mrs. Nancy Bennet

Executive Coordinator, ad interim (A.I)
304 East 45th Street, FF-9th Floor, New York, United States
Phone +12129065044
Mr. Robin Merlier

Principal Advisor Environmental Law and Policy
304 East 45th Street, FF-9th Floor, New York, United States
Phone +1 2129065842
More contacts

National Designated Authority

Ministry of Environment, Water and Ecological Transition
Mr. Ángel Sandoval Primary
Undersecretary of Climate Change
Av. Madrid 1159 y Andalucía, Quito, Ecuador

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