FP174

Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic

Ecosystem-based Adaptation to increase climate resilience in the Central American Dry Corridor and the Arid Zones of the Dominican Republic

The Central American Dry Corridor and the arid zones of the Dominican Republic are among the world's most vulnerable tropical regions to the impacts of climate change. Climate projections for the region indicate temperatures will increase and mean annual rainfall will decrease. These changes will be compounded by further changes in the El Niño-La Niña cycle, resulting in prolonged droughts and more frequent and extreme rainfall events across the region. As the Dry Corridor area constitutes a significant portion of Central America’s population and productive life, this will have severe consequences for agriculture and food security in the region.

The programme (implemented with the Central American Bank for Economic Integration) aims to strengthen the adaptive capacity and climate resilience of vulnerable, rural communities, including farmers and entrepreneurs, in the Dry Corridor region of Central America (Guatemala, Honduras, El Salvador, Costa Rica, Nicaragua and Panama) and in the arid zones of the Dominican Republic. Through financing and technical assistance, the programme will encourage private sector participation and create an enabling environment for the investment and uptake of large-scale ecosystem-based adaptation and water/energy-efficient technologies.

Total project value

 

Beneficiaries

 

Direct
1,084,000
Indirect
1,364,044
Theme

Adaptation

Result areas

Project timeline

Pipeline

08 Feb 2019 - 973 days

Concept note received

08 Feb 2019

Funding proposal received

09 Nov 2019

Cleared by GCF Secretariat

16 Dec 2020

Approved

07 Oct 2021 - 600 days so far

Approved by GCF Board

07 Oct 2021

Cleared by iTAP

07 Oct 2021

Legal opinion on AE's Internal Approval

31 May 2022

FAA executed

14 Nov 2022

Under implementation

Completed

One region

  • Latin America and the Caribbean

Seven countries

One priority group

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

GCF financing

InstrumentAmount
GrantUSD 84,252,603
LoanUSD 60,000,000
GuaranteeUSD 30,000,000
Total GCF Financing
USD 174,252,603

Co-financing

Co-financerInstrumentAmount
Co-FinancingLoanUSD 42,800,000
Co-FinancingIn-kindUSD 9,300,000
Co-FinancingIn-kindUSD 7,000,000
Co-FinancingIn-kindUSD 7,100,000
Co-FinancingIn-kindUSD 10,300,000
Co-FinancingIn-kindUSD 8,400,000
Co-FinancingIn-kindUSD 4,000,000
Co-FinancingIn-kindUSD 5,200,000
Total Co-Financing
USD 94,100,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 32 4458 6338 (KST)
Send e-mail

Request for information

GCF Information Disclosure
Request 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 6155 (KST)
Send e-mail

Accredited Entity

Central American Bank for Economic Integration
Mr. Humberto Rodriguez
Primary

Debt Capital Markets and External Funding Head, Finance Division
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, Honduras
Phone +(504) 2240-2314
hrodriguez@bcie.org
avilar@bcie.org
Mr. Alberto Cabezón
Secondary

Specialist of Green Funds Resource Mobilization, Partnerships and International Cooperation Department
Blvd. Suyapa, Frente a las oficinas de la ENEE, Tegucigalpa, M.D.C., Honduras
Phone +504 2240 2112
Phone +504 9454 7995
acabezon@bcie.org
More contacts

National Designated Authority

Costa Rica
Ministry of Environment and Energy
Mr. Carlos Isaac Pérez Mejía Primary
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
Ms. Enid Chaverri Tapia Primary
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
Phone (506) 8307-8679
echaverri@minae.go.cr
Ms. Patricia Campos Mesén Secondary
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Phone (506) 8346-1513
pcampos@minae.go.cr
Dominican Republic (the)
Ministry of Environment and Natural Resources
Ms. Milagros De Camps German Primary
Deputy Minister of International Cooperation
Avenida Cayetano Germosén esq. Avenida Gregorio Luperón, Ensanche El Pedregal, Santo Domingo, Distrito Nacional, Dominican Republic (the)
El Salvador
Ministry of Environment and Natural Resources (MARN)
His Excellency Mr. Fernando Andrés López Larreynaga Primary
Minister of Environment and Natural Resources
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Mrs. Eva Maria Colorado Panameño Secondary
Director of International Cooperation and Climate Change
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Phone +(503) 2132-9680
Phone +(503) 7634-8833
eva.colorado@marn.gob.sv
rmgarcia@marn.gob.sv
Guatemala
Ministry of Environment and Natural Resources
His Excellency Gerson Elías Barrios Garrido Primary
Minister of Environment and Natural Resources
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Phone (502) 2423-0500
Phone (502) 2423-0500
gebarrios@marn.gob.gt
gvalladares@marn.gob.gt
nomendoza@marn.gob.gt
Mr. Héctor Francisco Espinoza García Primary
Vice-minister of Natural Resources and Climate Change
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Phone (502) 2423-0500
Phone (502) 2423-0500
hfespinoza@marn.gob.gt
Mr. Norman Octavio Mendoza Dominguez Secondary
Coordinator of the International Cooperation Unit
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Honduras
Secretary of Energy, Natural Resources, Environment and Mines
His Excellency Lucky Halach Medina Estrada Primary
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras
Nicaragua
Ministerio de Hacienda y Crédito Público (MHCP) / Ministry of Finance and Public Credit
Mr Bruno Mauricio Gallardo Palaviccine Primary
Designated Focal Point / Vice Minister
Ministry of Finance and Public Credit, Bolivar Avenue in front of the National Assembly, Managua, Nicaragua
Mr. Norman Rodriguez Secondary
Technical Support for Operability/Coordination
Phone +505 22222260
norman.rodriguez@mhcp.gob.ni
Panama
Ministry of Environment
His Excellency Milciades Concepción Primary
Minister of Environment
Building 804, Albrook, Panama
Mr. Bolivar Cañizales Secondary
Deputy Operational Focal Point, Head of the Department of Environment and Climate Change, Directorate of International Organizations and Conferences of the Ministry of Foreign Affairs
Phone (507) 511-4256
bcanizales@mire.gob.pa
Ms. Ligia Castro de Doens Operational focal point
Operational Focal Point, Director of Climate Change of the Ministry of Environment
Phone (507) 500-0855
lcastrod@miambiente.gob.pa