FP026

Sustainable Landscapes in Eastern Madagascar

Sustainable Landscapes in Eastern Madagascar

  • Status Under implementation
  • Date approved 14 Oct 2016 at B.14
  • Est. completion 08 May 2028
  • ESS Category Category B

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 the issuing of a pioneering Green / Climate Bond with all returns and profits being re-invested to capitalise a Climate Change Trust Fund for Madagascar. This will enable continued investment in landscape-level adaptation and mitigation activities.

The project has an estimated lifespan of 10 years.

Total project value

 

Beneficiaries

 

Direct
114,000
Theme

Cross-cutting

Result areas

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 - 877 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

Completed

08 May 2028 - 2,778 days to go

One region

  • Africa

One country

Two priority groups

  • Least Developed Countries
  • African States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing31% disbursed

InstrumentAmount
GrantUSD 18,500,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGrantUSD 800,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

Conservation International Foundation

Mr. Miguel Morales
Vice President, GEF/GCF agencies
2011 Crystal Drive, Suite 500, Arlington, Virginia, United States
Phone +1 703 341 2637
mamorales@conservation.org
Mr. Steven Panfil
Senior Director, Project Development & Implementation GCF Agency
Phone +1 703 341 2822
spanfil@conservation.org

National Designated Authority

Madagascar

Ministry of Environment, Ecology, Sea and Forests

Ms. Lovakanto Ravelomanana
Director of the National Office for Climate Change Coordination
B.P 3948, Rue Toto Radola - Antsahavola, Antananarivo, Madagascar

News + Stories

Forests: A cause of climate concern, and hope

15 Aug 2018 / You don’t know what you’ve got until it’s gone.