FP202

Upscaling Ecosystem Based Climate Resilience of Vulnerable Rural Communities in the Valles Macro-region of the Plurinational State of Bolivia (RECEM-Valles)

Upscaling Ecosystem Based Climate Resilience of Vulnerable Rural Communities in the Valles Macro-region of the Plurinational State of Bolivia (RECEM-Valles)

  • Status Under implementation
  • Date approved 16 Mar 2023 at B.35
  • Est. completion 29 Jan 2029
  • ESS Category Category B

The Los Valles Macro-region in the landlocked, South American state of Bolivia is threatened by increasing temperatures and precipitation instability. Furthermore, frost intensity and hail events have put pressure on the delicate water systems in the valley. Climate change increases the vulnerability of water systems and the agricultural sector in the region, particularly smallholder farmers whose crop yields are already at a very low level compared to regional standards. Poor management and unsustainable agricultural land use practices exacerbate the impacts of the climate crisis.

As GCF’s first project in Bolivia, the RECEM-Valles project aims to enhance the climate resilience of smallholder farmers, ecosystems, and infrastructure in the Valles Macro-region by scaling-up the Bolivian government’s pre-existing Mi Riego initiative. It will implement integral and participatory micro-watershed management activities, including building farmers’ capacities to manage their agroecosystems sustainably and providing them with access to credit allowing them to invest in modernized on-farm climate-proofed irrigation systems. The project will also strengthen national and sub-national governance systems to support climate risk management by smallholder farmers and their communities.

Total project value

 

Beneficiaries

 

Direct
81,551
Indirect
1,251,769
Theme

Adaptation

Result areas

Project timeline

Pipeline

20 Dec 2019 - 1183 days

Concept note received

20 Dec 2019

Funding proposal received

30 Mar 2021

Legal opinion on AE's Internal Approval

17 Mar 2022

Cleared by GCF Secretariat

15 Jul 2022

Cleared by iTAP

13 Mar 2023

Approved

16 Mar 2023 - 320 days

Approved by GCF Board

16 Mar 2023

FAA executed

11 Aug 2023

Under implementation

29 Jan 2024 - 87 days so far

FAA effective

29 Jan 2024

Disbursement - USD 7,603,613

22 Feb 2024

To be completed

29 Jan 2029 - 1,741 days to go

One region

  • Latin America and the Caribbean

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing23% disbursed

InstrumentAmount
GrantUSD 33,300,000
Total GCF Financing
USD 33,300,000

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 29,500,000
Co-FinancingGrantUSD 500,000
Total Co-Financing
USD 30,000,000

GCF Contacts

General media inquiries

GCF Communications
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
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Accredited Entity

Food and Agriculture Organization of the United Nations
Ms. Elizabeth A. Bechdol
Primary

Deputy Director-General
Phone +39 06 57051800
DDG-Bechdol@fao.org
Ms. Maria Helena Semedo
Secondary

Deputy Director-General
More contacts

National Designated Authority

Bolivia (Plurinational State of)
Ministry of Development Planning
Mr. Carlos David Guachalla Terrazas Primary
Vice-minister of Planification and Coordination, Ministry of Planification
Av. Mariscal Santa Cruz N 1092, Bolivia (Plurinational State of)
Phone +591 2 2189000
Phone +591 69060164
david.guachalla@planificacion.gob.bo