FP097
Productive Investment Initiative for Adaptation to Climate Change (CAMBio II)
Productive Investment Initiative for Adaptation to Climate Change (CAMBio II)
Reducing obstacles for Micro-, Small- and Medium-sized Enterprises (MSMEs) to access credit and supporting the best available adaptation measures in seven Central American countries.
While agriculture, livestock and forestry are key sectors in Central American economies, they are highly sensitive to climate change. Conservative banking practices and high perceived risks associated with operations in rural areas rural mean MSMEs have limited access to credit in financing adaptation measures.
This initiative will provide concessional loans and technical assistance to encourage MSMEs to invest in adaptation. It is also designed to consolidate agricultural production systems adapted to climate change. A grant component of this programme will provide financial rewards to MSMEs and intermediary financial institutions for their successful implementation of adaptation activities.
The programme has an estimated lifespan of 15 years.
Project timeline
Pipeline
22 Jun 2017 - 486 days
Concept note received
22 Jun 2017
Cleared by GCF Secretariat
06 Nov 2017
Funding proposal received
06 Nov 2017
Cleared by iTAP
11 Jul 2018
Approved
20 Oct 2018 - 332 days
Approved by GCF Board
20 Oct 2018
Legal opinion on AE's Internal Approval
15 Feb 2019
FAA executed
21 Jun 2019
Under implementation
16 Sep 2019 - 1,358 days so far
FAA effective
16 Sep 2019
Disbursement - USD 376,350
17 Feb 2020
Disbursement - USD 601,700
14 Dec 2022
Completed
16 Sep 2024 - 470 days to go
One region
- Latin America and the Caribbean
Seven countries
One priority group
- Small Island Developing States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing6% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 3,000,000 |
| Loan | USD 12,500,000 |
| Total GCF Financing |
|---|
| USD 15,500,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Loan | USD 12,500,000 |
| Total Co-Financing |
|---|
| USD 12,500,000 |
GCF Contacts
General media inquiries
GCF CommunicationsPhone +82 32 4458 6338 (KST)
Send e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6155 (KST)
Send e-mail
Accredited Entity
Central American Bank for Economic Integration
Debt Capital Markets and External Funding Head, Finance Division
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, Honduras
Specialist of Green Funds Resource Mobilization, Partnerships and International Cooperation Department
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, M.D.C., Honduras
More contacts
National Designated Authority
Ministry of Environment and Energy
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Ministry of Environment and Natural Resources
Deputy Minister of International Cooperation
Avenida Cayetano Germosén esq. Avenida Gregorio Luperón, Ensanche El Pedregal, Santo Domingo, Distrito Nacional, Dominican Republic (the)
Ministry of Environment and Natural Resources (MARN)
Minister of Environment and Natural Resources
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Director of International Cooperation and Climate Change
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Ministry of Environment and Natural Resources
Minister of Environment and Natural Resources
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Phone (502) 2423-0500
gebarrios@marn.gob.gt
gvalladares@marn.gob.gt
nomendoza@marn.gob.gt
Vice-minister of Natural Resources and Climate Change
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Coordinator of the International Cooperation Unit
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Secretary of Energy, Natural Resources, Environment and Mines
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras
Ministerio de Hacienda y Crédito Público (MHCP) / Ministry of Finance and Public Credit
Designated Focal Point / Vice Minister
Ministry of Finance and Public Credit, Bolivar Avenue in front of the National Assembly, Managua, Nicaragua
Technical Support for Operability/Coordination
Ministry of Environment
Minister of Environment
Building 804, Albrook, Panama
Deputy Operational Focal Point, Head of the Department of Environment and Climate Change, Directorate of International Organizations and Conferences of the Ministry of Foreign Affairs
Operational Focal Point, Director of Climate Change of the Ministry of Environment
Documents
| Title | Type | Date |
|---|---|---|
| 2020 Annual Performance Report for FP097: Productive Investment Initiative for Adaptation to Climate Change (CAMBio II) | Annual Performance Report | 28 Feb 2021 |
| 2019 Annual Performance Report for FP097: Productive Investment Initiative for Adaptation to Climate Change (CAMBio II) | Annual Performance Report | 01 Mar 2020 |
| Gender assessment for FP097: Productive Investment Initiative for Adaptation to Climate Change (CAMBio II) | Gender assessment | 10 Jan 2019 |
| Gender action plan for FP097: Productive Investment Initiative for Adaptation to Climate Change (CAMBio II) | Gender action plan | 10 Jan 2019 |
| Productive investment initiative for adaptation to climate change (CAMBio II) | Approved funding proposal | 28 Nov 2018 |
News + Stories
GCF agreement with CABEI to unlock finance for climate adaptation in Central America
21 Jun 2019 / Today, the Green Climate Fund and the Central American Bank for Economic Integration (CABEI) signed an agreement that will kick off the implementation of the CAMBio II project, aimed at helping micro, small and medium businesses in Central America become more resilient to climate change.