FP157
Coastal Resilience to Climate Change in Cuba through Ecosystem Based Adaptation - "MI COSTA"
Coastal Resilience to Climate Change in Cuba through Ecosystem Based Adaptation - "MI COSTA"
Cuba is frequently affected by tropical storms and it is highly vulnerable to extreme weather events. Due to its long coastline, 57 percent of the country’s population lives in coastal municipalities which are highly vulnerable to flooding caused by intense storms and rising sea levels.
The project aims to increase the climate resilience of over 1.3 million vulnerable people living in the target coastal communities by employing an ecosystem-based adaptation approach. It will restore mangroves, swamp forests and grass swamps to improve the health of seagrass beds and coral reefs. The project will also include training 60 percent of the population within the targeted municipalities on how to protect ecosystems to enhance climate adaptation.
Project timeline
Pipeline
06 Apr 2018 - 1079 days
Concept note received
06 Apr 2018
Funding proposal received
04 Jul 2019
Legal opinion on AE's Internal Approval
19 Jul 2019
Cleared by GCF Secretariat
14 Dec 2020
Cleared by iTAP
23 Feb 2021
Approved
19 Mar 2021 - 179 days
Approved by GCF Board
19 Mar 2021
FAA executed
18 Jun 2021
Under implementation
13 Sep 2021 - 950 days so far
FAA effective
13 Sep 2021
Disbursement - USD 2,115,102
16 Dec 2021
Disbursement - USD 11,195,613
25 Jul 2023
To be completed
13 Sep 2029 - 1,973 days to go
One region
- Latin America and the Caribbean
One country
One priority group
- Small Island Developing States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing56% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 23,927,294 |
| Total GCF Financing |
|---|
| USD 23,927,294 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 16,242,488 |
| Co-Financing | Grant | USD 2,694,376 |
| Co-Financing | In-kind | USD 1,435,071 |
| Total Co-Financing |
|---|
| USD 20,371,935 |
GCF Contacts
General media inquiries
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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 6714 (KST)
Send e-mail
Accredited Entity
United Nations Development Programme
Executive Coordinator and Director, Global Environment Finance
304 East 45th Street, FF-9th Floor, New York, NY, United States
Environmental Policy Specialist Global Environmental Finance, Bureau for Policy and Programme Support (BPPS)/Global Policy Network
More contacts
National Designated Authority
Ministry of Science, Technology and Environment
Deputy Minister
Linea No 8 / N and O. Vedado, Plaza de la Revolución, Havana, Cuba
Director of the Environment Department
Linea No.8 / N and O. Vedado, Plaza de la Revolucion, Havana, Cuba