FP183

Inclusive Green Financing Initiative (IGREENFIN I): Greening Agricultural Banks & the Financial Sector to Foster Climate Resilient, Low Emission Smallholder Agriculture in the Great Green Wall (GGW) countries - Phase I

Inclusive Green Financing Initiative (IGREENFIN I): Greening Agricultural Banks & the Financial Sector to Foster Climate Resilient, Low Emission Smallholder Agriculture in the Great Green Wall (GGW) countries - Phase I

Countries covered by the ambitious Great Green Wall initiative to reverse land degradation in Africa are among the world’s poorest and most climate vulnerable. Climate shocks are causing a loss of assets, crops and livestock; disruptions to value chains; and soaring food prices. Projections indicate persistent agricultural strain - as rainfall levels are set to continue declining while temperatures increase.

This cross-cutting programme will enhance access to credit and technical assistance for local farmers, farmers’ organisations, cooperatives and micro and small sized enterprises. This will help them implement climate-resilient and low-emission agriculture and agroforestry. This programme covers 11 countries in the Great Green Wall, in addition to Côte d’Ivoire and Ghana. A major aim of the initiative is to build greater coherence and complementarity of climate action in Africa.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
378,600
Indirect
2,494,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

10 Jul 2020 - 628 days

Concept note received

10 Jul 2020

Funding proposal received

30 Mar 2021

Cleared by iTAP

28 Mar 2022

Approved

29 Mar 2022 - 91 days so far

Approved by GCF Board

29 Mar 2022

Legal opinion on AE's Internal Approval

31 Mar 2022

FAA executed

01 Apr 2022

Under implementation

Completed

One region

  • Africa

Thirteen countries

Two priority groups

  • Least Developed Countries
  • African States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
LoanUSD 77,213,987
GrantUSD 31,778,902
Total GCF Financing
USD 108,992,890

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 27,368,256
Co-FinancingGrantUSD 15,442,797
Co-FinancingLoanUSD 12,010,438
Co-FinancingLoanUSD 12,868,997
Co-FinancingLoanUSD 8,579,331
Total Co-Financing
USD 76,269,822

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

International Fund for Agricultural Development
Dr. Jyotsna Puri
Primary

Associate Vice-President, Strategy and Knowledge Department (SKD)
Via Paolo di Dono, 44, Rome, Italy
Phone +39 06 5459 2109
j.puri@ifad.org
Mr. Pierre-Yves Guedez
Secondary

Senior Climate Finance Specialist, Environment, Climate, Gender and Social Inclusion Division (ECG)
Via Paolo di Dono, 44, Rome, Italy
More contacts

National Designated Authority

Burkina Faso
Prime Ministry
Mr. Issaka Ouedraogo
Adviser to the Prime Minister/Environment Inspector
01 PO BOX 4223, Ouagadougou
Phone +226 70 00 87 69
Phone +226 76 64 95 66
isk.isk22@yahoo.fr
Côte d'Ivoire
Minister's Office, Ministry of Environment and Sustainable Development
Mr. Marcel YAO
Public Policy, Climate Change and Ecological Transition Expert / Technical Advisor to the Minister in charge of International Cooperation and Resource Mobilization
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Abidjan, Cote d'Ivoire
Phone (225) 0707791504 / 2720239900
ensamarcel@yahoo.fr
yaomarcelclimat@gmail.com
Mali
The Environment and Sustainable Development Agency
Mr Boureima Camara
Director General of the Environment and Sustainable Development Agency
Cite Administrative – Batiment No. 7 – BP: 1634, Bamako, Mali
Phone (+223) 66 80 57 56
bouricamara@gmail.com
Senegal
Ministry of Environment and Sustainable Development
Ms. Madeleine Diouf Sarr
Head of Climate Change Division
Parc Forestier de Hann, B.P. 4055 Dakar, Senegal, Dakar, Senegal
Chad
Ministry of Environment, Water, and Fisheries
Mr. Ibrahim Charfadine Abdelkerim
Environmentalist/Expert in Development Management
Rue Idriss Miskine / B.P. 447, N'Djamena, Chad
Phone +235 63 11 05 07
Phone +235 99 12 89 50
gcfund.chad@gmail.com
Djibouti
Ministry of Housing, Urban Development and Environment
Mr. Dini Abdallah Omar
Secretary General
P.O.Box:11, Djibouti, Djibouti
Phone +253 2135 2436
dini.omar85@gmail.com
His Excellency Mohamed Abdoulkader Moussa
Minister of Urbanism, Environment and Tourism
Zone Industrielle Sud , Commune de bouloa, Djibouti, Djibouti
Phone +253 21 35 00 06
Phone (253) 21 35 83 57
mhuecabinet@gmail.com
Eritrea
Ministry of Land, Water and Environment
Mr. Tesfai Selassie Sebhatu
Minister
P.O. Box 976, Asmara, Eritrea
Phone (+291-1) 126 112
tesgsstesfu@gmail.com
Mr. Kibrom Asmerom Weldegebriel
GCF & UNFCCC Focal Point
Phone (+291-1) 120311
kibromaw@gmail.com
Ethiopia
Environment, Forest and Climate Change Commission
Mrs. Tirhas Mebrahtu
P.O.BOX 12760, Addis Ababa, Ethiopia
Mr. Habtamu Denboba
Ghana
Ministry of Finance
Dr. Alhassan Iddrisu
Director of Economic Strategy and Research Division
P.O. Box MB 40 Ministries, Accra, Ghana
Mauritania
Ministry of Environment and Sustainable Development
Mr Sidi Mohamed El Wavi
Policy Officer and Coordinator of the National Program on Climate Change
Phone +222 4600 8383
elwavi.sm@gmail.com
Nigeria
Federal Ministry of Environment
Ms. Aniobong Abiola-Awe
Director of the Department of Climate Change
Phone +2348034452959
iniabiolawe@yahoo.co.uk
Sudan
The Higher Council for Environment and Natural Resources (HCENR)
Mr. Rashid Mekki Hassan
Secretary General
P.O.Box 10488, Khartoum, Sudan
Niger
National Council of the Environment for Sustainable Development (CNEDD)
Dr. Kamaye Maâzou
Executive Secretary
Cabinet du Premier Ministre, PL 17 Rue du Gouverneur Jules Brévié, BP 10193, Niamey, Niger, Niamey, Niger (the)
Phone +227 207 22 559
Phone +27 9698 7470
Phone +227 9022 1700
kmaazou@gmail.com
kamayemaazou@yahoo.fr

News + Stories

Agreement bolstering Africa’s climate vulnerable sign of rapid GCF implementation

04 Apr 2022 / The Green Climate Fund (GCF) has signed an implementation agreement to scale up climate action across 13 African countries soon after the new funding programme was approved by the GCF Board. The programme, implemented by the International Fund for Agricultural Development (IFAD), empowers African national and local banks to direct funds to help farmers cope with increasingly erratic climate effects while also reducing farming emissions.