FP165
Building Climate Resilient Safer Islands in the Maldives
Building Climate Resilient Safer Islands in the Maldives
The low elevation of the 188 small, inhabited islands of the Republic of Maldives makes them highly vulnerable to severe weather events, while retreating inland or to higher ground is impossible. Accelerated sea level rise due to climate change will have devastating effects on the islands, and could threaten their very existence.
This project will address these challenges by enhancing coastal management, including the protective functions of natural sandy beaches and coral reefs. It will do this through integrated coastal zone management, early warning and early action, and knowledge sharing. This project marks the first time such an adaptive beach protection solution will be implemented on public land in the Maldives islands.
Project timeline
Pipeline
05 Sep 2018 - 1031 days
Concept note received
05 Sep 2018
Funding proposal received
23 Jan 2020
Cleared by GCF Secretariat
05 Apr 2021
Cleared by iTAP
07 Jun 2021
Approved
01 Jul 2021 - 882 days
Approved by GCF Board
01 Jul 2021
Legal opinion on AE's Internal Approval
05 Nov 2021
FAA executed
20 Oct 2022
Under implementation
29 Nov 2023 - 163 days so far
FAA effective
29 Nov 2023
Disbursement - USD 1,718,149
14 Dec 2023
To be completed
29 May 2030 - 2,212 days to go
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Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing7% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 25,097,880 |
| Total GCF Financing |
|---|
| USD 25,097,880 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 35,421,937 |
| Co-Financing | Grant | USD 5,486,520 |
| Total Co-Financing |
|---|
| USD 40,908,457 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
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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
Japan International Cooperation Agency
Director, Office for Climate Change, Global Environment Department
Senior Deputy Director, Office for Climate Change, Global Environment Department
More contacts
National Designated Authority
Ministry of Climate Change, Environment and Energy
Assistant Director, Climate Change Department
Documents
| Title | Type | Date |
|---|---|---|
| Building Climate Resilient Safer Islands in the Maldives | Approved funding proposal | 01 Jul 2021 |
| Environmental and social safeguards (ESS) report for FP165: Building Climate Resilient Safer Islands in Maldives | Environmental and Social Safeguards report | 07 Jun 2021 |
| Gender action plan for FP165: Building Climate Resilient Safer Islands in the Maldives | Gender action plan | 07 Jun 2021 |
| Gender assessment for FP165: Building Climate Resilient Safer Islands in the Maldives | Gender assessment | 07 Jun 2021 |
News + Stories
GCF and partners sign project agreements for four transformative climate projects
28 Oct 2022 / Four key agreements for climate projects (Funding Activity Agreement; FAA) were signed by the Green Climate Fund (GCF) and its partners on the margins of GCF’s 34th Board meeting (17-20 October 2022). They include climate resilience projects in the Maldives, Barbados, and Guinea-Bissau and GCF’s first at-scale private sector programme in the water sector.