Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL)
The Northern Tonle Sap Basin (NTSB) in the center-west part of Cambodia is home to one of the region's most important agricultural systems, where farmers produce mainly cashew, mango, rice, and vegetables. The area is also severely threatened by climate change disruption as temperatures have steadily increased by a total of 0.8C° since 1950. At the same time, rainfall is becoming less frequent and more turbulent during rainy seasons, which is why the region is facing a dual threat of flooding and drought putting a total of 1.45 million people at risk either directly or indirectly.
The Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood (PEARL) project aims to increase the climate resilience of agricultural production in NTSB by employing three components: climate foresight, market incentives, and enabling environment. The local farmers’ capacities to manage climate impacts will be enhanced through an innovative climate-resilient agricultural asset acquisition mechanism, encouraging empowerment and local ownership over climate adaptation efforts. Likewise, the Agriculture and Rural Development Bank of Cambodia will be strengthened to ensure that their agricultural lending capacities are fully developed and ready to engage with the lending needs of the smallholder farmers in this crucial region of Cambodia in the future.
- Private sector
- Public sector
GCF financing12% disbursed
|Total GCF Financing|
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|Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL)||Approved funding proposal||11 Apr 2023|
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Funding and subsidiary agreements signed on the same day between GCF, FAO, and Government of Cambodia, accelerating implementation of a new climate resilient agricultural project in Cambodia
21 Mar 2023 / The Green Climate Fund (GCF) and the Food and Agriculture Organization of the United Nations (FAO) have signed a project agreement, referred to as a Funding Activity Agreement (FAA) to rapidly begin the implementation of a USD 42.9 million project (with USD 36.2 million in GCF financing) that will increase the climate resilience of agricultural production in the Northern Tonle Sap Basin (NTSB), one of Cambodia's most important agricultural regions.