FP165

Building Climate Resilient Safer Islands in the Maldives

Building Climate Resilient Safer Islands in the Maldives

  • Status Under implementation
  • Date approved 01 Jul 2021 at B.29
  • Est. completion 29 May 2030
  • ESS Category Category B

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. 

Total project value

 

Beneficiaries

 

Direct
9,071
Indirect
372,000
Theme

Adaptation

Result areas

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 - 176 days so far

FAA effective

29 Nov 2023

Disbursement - USD 1,718,149

14 Dec 2023

To be completed

29 May 2030 - 2,199 days to go

One region

  • Asia-Pacific

One country

One priority group

  • Small Island Developing States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing7% disbursed

InstrumentAmount
GrantUSD 25,097,880
Total GCF Financing
USD 25,097,880

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 35,421,937
Co-FinancingGrantUSD 5,486,520
Total Co-Financing
USD 40,908,457

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)
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
Mr. Kentaro Yoshida
Primary

Director, Environmental Management and Climate Change Group, Global Environment Department
Phone +81-80-7107-9511
Yoshida.Kentaro@jica.go.jp
Mr. Toru Yoshida
Secondary

Senior Deputy Director, Environmental Management and Climate Change Group, Global Environment Department
Phone +81-3-5226-9598
Yoshida.Toru@jica.go.jp
More contacts

National Designated Authority

Maldives
Ministry of Climate Change, Environment and Energy
Mr. Ahmed Waheed Primary
Director, Climate Change Department
Mr. Thibyan Ibrahim Operational focal point
Assistant Director, Climate Change Department

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.