FP199
Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL)
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.
Project timeline
Pipeline
18 Dec 2019 - 1185 days
Concept note received
18 Dec 2019
Funding proposal received
18 Apr 2022
Legal opinion on AE's Internal Approval
04 May 2022
Cleared by GCF Secretariat
03 Aug 2022
Cleared by iTAP
13 Mar 2023
Approved
16 Mar 2023 - 42 days
Approved by GCF Board
16 Mar 2023
FAA executed
17 Mar 2023
Under implementation
26 Apr 2023 - 600 days so far
FAA effective
26 Apr 2023
Disbursement - USD 4,291,853
11 May 2023
Disbursement - USD 10,215,992
11 Oct 2024
To be completed
26 Apr 2029 - 1,594 days to go
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Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing40% disbursed
Instrument | Amount |
---|---|
Grant | USD 36,231,981 |
Total GCF Financing |
---|
USD 36,231,981 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | In-kind | USD 3,690,000 |
Co-Financing | In-kind | USD 2,258,250 |
Co-Financing | In-kind | USD 670,000 |
Total Co-Financing |
---|
USD 6,618,250 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest 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 6714 (KST)
Send e-mail
Entity
Food and Agriculture Organization of the United Nations
Deputy Director-General
More contacts
National Designated Authority
Ministry of Environment
Minister of Environment
Morodok Decho Building, No. 503, Chamkarmon,, Phnom Penh, Cambodia
Secretary of State, Ministry of Environment
Under Secretary of State, Ministry of Environment
Director General, General Directorate of Policy and Strategy, Ministry of Environment
Documents
Title | Type | Date |
---|---|---|
2023 Annual Performance Report for FP199: Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL) | Annual Performance Report | 28 Feb 2024 |
Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL) | Approved funding proposal | 11 Apr 2023 |
Environmental and social safeguards (ESS) report for FP199: Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL) | Environmental and Social Safeguards report | 21 Feb 2023 |
News + Stories
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.