FP122

Blue Action Fund (BAF): GCF Ecosystem Based Adaptation Programme in the Western Indian Ocean

Blue Action Fund (BAF): GCF Ecosystem Based Adaptation Programme in the Western Indian Ocean

  • Status Under implementation
  • Date approved 14 Nov 2019 at B.24
  • Est. completion 09 Apr 2028
  • ESS Category Intermediation 2

Reducing or avoiding climate change impacts through ecosystem-based adaptation for vulnerable coastal populations.

The western Indian Ocean region is undergoing rapid climate change. Mozambique was hit by two major cyclones in 2019, while the other regional countries are facing similarly increasing threats of cyclones and tropical storms, exacerbated by climate change.

This programme will pool adaptation sub-projects by non-governmental organisation (NGOs) under the Blue Action Fund to improve climate-resilient coastal zone management in this diverse region. The programme will leverage additional co-financing from NGOs, while grant recipients are required to provide 25 percent of the budget of their projects.

Total project value

 

Beneficiaries

 

Direct
340,000
Theme

Adaptation

Result areas

Project timeline

Pipeline

20 Jul 2018 - 483 days

Concept note received

20 Jul 2018

Funding proposal received

17 Jun 2019

Cleared by GCF Secretariat

27 Aug 2019

Cleared by iTAP

22 Oct 2019

Approved

14 Nov 2019 - 513 days

Approved by GCF Board

14 Nov 2019

Legal opinion on AE's Internal Approval

19 Dec 2019

FAA executed

11 Nov 2020

Under implementation

09 Apr 2021 - 1,146 days so far

FAA effective

09 Apr 2021

Disbursement - USD 257,511

28 Jul 2021

Disbursement - USD 5,166,309

12 Aug 2022

To be completed

09 Apr 2028 - 1,412 days to go

One region

  • Africa

Four countries

Two priority groups

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

GCF financing17% disbursed

InstrumentAmount
GrantUSD 32,188,841
Total GCF Financing
USD 32,188,841

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 26,824,034
Total Co-Financing
USD 26,824,034

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Phone +82 32 458 6186 (KST)
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