&Green Fund: Investing in Inclusive Agriculture and Protecting Forests
The 1.2 billion hectares of tropical forests around the world act as crucial hubs of biodiversity and play a vital role in regulating the world's water-supply while serving as massive carbon reservoirs. The restoration and preservation of these forests are a necessary part of the effort to curb climate change. Climate change can lead to self-reinforcing negative spirals where local production losses heighten deforestation rates as producers are forced to clear forest to compensate for declining yields.
The &Green Fund will promote sustainable commodity production and higher productivity on agricultural land in selected countries with important tropical forest resources, thereby decreasing the pressure to clear forests for agricultural purposes. The fund will work to reduce emissions and increase the resilience of local communities by financing the transformation of tropical agricultural commodity supply chains from extractive to sustainable practices. The project will achieve this by providing technical assistance and financial support to producers with conditions that necessitate the protection and restoration of existing forests by focusing on supply chains in sectors that drive deforestation such as livestock, palm oil, soy, rubber, cocoa, and forestry.
Project timeline
Pipeline
15 Dec 2021 • 576 days
Concept note received
15 Dec 2021
Funding proposal received
13 Jun 2022
Cleared by GCF Secretariat
09 Dec 2022
Cleared by iTAP
19 Jun 2023
Approved
13 Jul 2023 • 224 days
Approved by GCF Board
13 Jul 2023
Legal opinion on AE's Internal Approval
25 Jul 2023
FAA executed
01 Dec 2023
Under implementation
21 Feb 2024 • 453 days so far
FAA effective
21 Feb 2024
Disbursement - USD 4,681,119
29 May 2024
To be completed
Three regions
- Latin America and the Caribbean
- Africa
- Asia-Pacific
Eleven countries
- Brazil
- Colombia
- Côte d'Ivoire
- Democratic Republic of the Congo (the)
- Ecuador
- Gabon
- Indonesia
- Lao People's Democratic Republic (the)
- Liberia
- Zambia
- Cameroon
Two priority groups
- Least Developed Countries
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing45% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 9,350,000 |
| Loan | USD 180,000,000 |
| Total GCF Financing |
|---|
| USD 189,350,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | In-kind | USD 3,000,000 |
| Co-Financing | Grant | USD 4,350,000 |
| Co-Financing | Grant | USD 15,000,000 |
| Co-Financing | Loan | USD 56,500,000 |
| Co-Financing | Loan | USD 600,000,000 |
| Co-Financing | Grant | USD 4,250,000 |
| Co-Financing | Grant | USD 94,690,000 |
| Co-Financing | Loan | USD 2,500,000 |
| Co-Financing | Grant | USD 15,000,000 |
| Total Co-Financing |
|---|
| USD 795,290,000 |
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
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden
Portfolio Manager, Public Investment Management
Senior Associate – Public Investment Management and Blending Finance
More contacts
National Designated Authority
Secretariat for International Affairs, Ministry of Finance
Secretary for International Affairs
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Deputy Secretary for Sustainable Development Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
General Coordinator for Sustainable Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
livia.oliveira@fazenda.gov.br
luana.magalhaes@fazenda.gov.br
daniela.guimaraes@fazenda.gov.br
National Planning Department
Director of Environment and Sustainable Development
Calle 26 No. 13-19, Bogotá, D.C, Colombia
NDA Technical and Leader of Climate Finance DNP
Calle 26 #13-19, Bogotá, Colombia
Minister's Office, Ministry of Environment and Sustainable Development
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
Deputy Director of Climate Change
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Cote d'Ivoire
National Coordination of the Green Climate Fund
National Coordinator and GCF Focal Point for the Democratric Republic of the Congo
Ministry of Environment, Water and Ecological Transition
Undersecretary of Climate Change
Av. Madrid 1159 y Andalucía, Quito, Ecuador
Conseil National Climat National Climate Council
Permanent Secretary of the National Climate Council, Special Advisor to the Gabonese President
Advisor to the Gabonese President, National Climate Council
Fiscal Policy Agency, Ministry of Finance
Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Ministry of Natural Resources and Environment
Director General, Department of Planning and Finance, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Deputy Director General, Department of Climate Change, Ministry of Natural Resources and Environment (MONRE)
Ministry of Natural Resources and Environment, Nong Beuk Road, Vientiane Capital, Lao People's Democratic Republic (the)
Director of Planning and Cooperation Division
Environmental Protection Agency
Executive Director/CEO
4th Street, Sinkor, Monrovia, Liberia
Coordinator, National Climate Change Secretariat (NCCS)
4th Street, Sinkor, Monrovia, Liberia
Ministry of Green Economy and Environment
National Coordinator
Environmental Specialist Readiness Support
Ministry of Environment, Protection of Nature and Sustainable Development (MINEPDED)
Secretary General
Boulevard du 20 Mai, Immeuble Ministériel No. 2, P.O Box 320, Yaoundé, Cameroon
Documents
| Title | Type | Date |
|---|---|---|
| Environmental and social safeguards (ESS) report for FP212: &Green Fund: Investing in Inclusive Agriculture and Protecting Forests - Prestige | Environmental and Social Safeguards report / Sub-project ESS report | 03 Jul 2024 |
| &Green Fund: Investing in Inclusive Agriculture and Protecting Forests | Approved funding proposal | 03 Aug 2023 |
| Gender assessment for FP212: &Green Fund: Investing in Inclusive Agriculture and Protecting Forests | Gender assessment | 13 Jul 2023 |
| Gender action plan for FP212: &Green Fund: Investing in Inclusive Agriculture and Protecting Forests | Gender action plan | 13 Jul 2023 |
| Environmental and social safeguards (ESS) report for FP212: &Green Fund: Investing in Inclusive Agriculture and Protecting Forests | Environmental and Social Safeguards report | 17 Jun 2023 |