FP066

Pacific Resilience Project Phase II for RMI

Pacific Resilience Project Phase II for RMI

Enhancing the resilience of people in the Republic of the Marshall Islands to long-term climate change through coastal protection to protect lives and property from inundation.

The Republic of the Marshall Islands - one of the world's smallest, most isolated, and low-lying nations - is highly vulnerable to climate change. It is threatened by sea level rise, changes in wave and storm patterns, and coastal inundation. The average annual loss to the nation related to typhoons and tsunamis is estimated to be about 1.7 percent of its GDP, equivalent to USD3 million. This figure is expected to be much higher during the next 50 years.

The project will focus on enhancing the resilience of coastal infrastructure in the densely populated areas of the capital Majuro and the island of Ebeye. It will include strengthening institutions and improving access to early warning and disaster preparedness. The proposed coastal infrastructure intervention has been shown to be the only feasible option to protect people and assets against sea level rise and storms.

The project has an estimated lifespan of 5 years.

Total project value

 

Beneficiaries

 

Direct
16,000
Indirect
23,800
Theme

Adaptation

Result areas

Project timeline

Pipeline

04 Jan 2017 - 422 days

Funding proposal received

04 Jan 2017

Cleared by iTAP

22 Dec 2017

Approved

01 Mar 2018 - 338 days

Approved by GCF Board

01 Mar 2018

FAA executed

01 Feb 2019

Under implementation

01 Feb 2019 - 389 days so far

Legal opinion on AE's Internal Approval

01 Feb 2019

FAA effective

13 Feb 2019

Completed

13 Apr 2024 - 1,510 days to go

One region

  • Asia-Pacific

One country

One priority group

  • Small Island Developing States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
GrantUSD 25,000,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGrantUSD 19,131,000

GCF Project Team

General media inquiries

GCF Communications
Phone +82 32 458 7751
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
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Accredited Entity

National Designated Authority

Marshall Islands

Office of Environmental Planning and Policy Coordination (OEPPC)

Clarence Samuel
Director
Office of Environmental Planning and Policy Coordination (OEPPC), PO Box 975, Majuro 96960, Republic of the Marshall Islands, Majuro, Marshall Islands
Phone +692 625-7944
Phone +692 625-7945
clarencesam@gmail.com