FP142

Argentina REDD-plus RBP for results period 2014-2016

Argentina REDD-plus RBP for results period 2014-2016

  • Status Under implementation
  • Date approved 13 Nov 2020 at B.27
  • Est. completion 05 Nov 2027
  • ESS Category Category B

Recognising Argentina's REDD+ results for the years 2014, 2015, 2016. 

During these years, Argentina has reduced 18.73 million tonnes of carbon dioxide equivalent (MtCO₂eq) in emissions through reducing deforestation. 

The Results Based Payments will be reinvested to deepen implementation of Argentina’s ambitious National Action Plan on Forests and Climate Change and will support the enforcement of Argentina’s Forest Law. The Forest Law provides a mandate for provincial Territorial Planning and incentives for forest conservation and rehabilitation, working closely with stakeholders. 

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

09 Dec 2019 - 341 days

Concept note received

09 Dec 2019

Funding proposal received

05 May 2020

Cleared by GCF Secretariat

13 Aug 2020

Cleared by iTAP

21 Oct 2020

Legal opinion on AE's Internal Approval

22 Oct 2020

FAA executed

13 Nov 2020

Approved

13 Nov 2020 - 1,260 days so far

Approved by GCF Board

13 Nov 2020

FAA effective

05 Nov 2021

Disbursement - USD 82,000,000

07 Feb 2022

Under implementation

To be completed

05 Nov 2027

One region

  • Latin America and the Caribbean

One country

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

GCF financing100% disbursed

InstrumentAmount
Results-Based PaymentUSD 82,000,000
Total GCF Financing
USD 82,000,000

GCF Contacts

General media inquiries

GCF Communications
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GCF Information Disclosure
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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

Food and Agriculture Organization of the United Nations
Ms. Elizabeth A. Bechdol
Primary

Deputy Director-General
Phone +39 06 57051800
DDG-Bechdol@fao.org
Ms. Maria Helena Semedo
Secondary

Deputy Director-General
More contacts

National Designated Authority

Argentina
Under-Secretary of International Financial Relations for Development of the Ministry of Economy
Mr. Leandro Gorgal Primary
Under Secretary of International Financial Relations for Development
Yrigoyen 250, City of Buenos Aires, Buenos Aires, Argentina
Mr. Federico Azpiroz Secondary
Advisor
Yrigoyen 250, City of Buenos Aires, Buenos Aires, Argentina