FP214

Thai Rice: Strengthening Climate-Smart Rice Farming

Thai Rice: Strengthening Climate-Smart Rice Farming

  • Status Under implementation
  • Date approved 25 Oct 2023 at B.37
  • Est. completion 19 Jan 2029
  • ESS Category Category B

Rice is Thailand’s most important food crop, accounting for roughly half of the country’s agricultural land and employing more than 18 million smallholder farmers. Methane from flooded rice fields and CO2 emissions from the annual burning of rice straw, however, make up a significant portion of the country’s greenhouse gas (GHG) emissions. At the same time, many smallholder farmers struggle to cope with climate change-induced fluctuations in rainfall patterns that have multiplied floods and drought, damaging farmers’ crops and threatening livelihoods. 

The Thai Rice project is the first GCF project to focus solely on transforming rice production systems with a focus on circular economy solutions. Globally, rice food systems account for GHG emissions equivalent to those of the aviation sector. This project will support Thai rice farmers and service providers in the adoption of a series of climate-smart technologies and practices and deliver farmer-friendly financial products to sustainably manage rice farming. The intervention is projected to significantly decrease methane emissions and water-usage from rice farming in Thailand, while also boosting farmers’ overall climate resilience. The project will also allow for Thai rice-farmers to recycle their rice straw into new products and create new local market opportunities.  

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
253,400
Indirect
760,200
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

14 Jun 2021 - 864 days

Legal opinion on AE's Internal Approval

14 Jun 2021

Concept note received

21 Dec 2022

Funding proposal received

03 Aug 2023

Cleared by GCF Secretariat

02 Oct 2023

Cleared by iTAP

25 Oct 2023

Approved

25 Oct 2023 - 125 days so far

Approved by GCF Board

25 Oct 2023

FAA executed

19 Jan 2024

Under implementation

Completed

19 Jan 2029

One region

  • Asia-Pacific

One country

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

GCF financing

InstrumentAmount
GrantUSD 40,915,698
Total GCF Financing
USD 40,915,698

Co-financing

Co-financerInstrumentAmount
Co-FinancingGrantUSD 4,598,070
Co-FinancingLoanUSD 32,154,340
Co-FinancingIn-kindUSD 48,885,316
Total Co-Financing
USD 85,637,727

GCF Contacts

General media inquiries

GCF Communications
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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 6714 (KST)
Send e-mail

Accredited Entity

Deutsche Gesellschaft fuer Internationale Zusammenarbeit (GIZ) GmbH
Ms. Ilona Porsche
Primary

Head of GCF Business Development Unit
Dag-Hammarskjold-Weg 1-5, Eschborn, Germany
Phone +49-619679-3130
ilona.porsche@giz.de
Ms. Tatjana Krueger
Secondary

Head of GCF Oversight Unit
Dag-Hammarskjold-Weg 1-5 65760 Eschborn, Germany, Eschborn, Germany
More contacts

National Designated Authority

Thailand
Ministry of Natural Resources and Environment
Mr. Jatuporn Buruspat Primary
Permanent Secretary
92 Soi Phahon Yothin 7, Phahon Yothin Road, Bangkok, Thailand
Phone +66 2278 8543
jatuporn.b@mnre.go.th
Ms. Nareerat Panmanee Secondary
Director of Climate Change Management and Coordination Division Office of Natural Resources and Environmental Policy and Planning
118/1 Tipco Tower 2, Rama VI Rd., Phaya Thai,, Bangkok, Thailand
Phone (+662) 265 6692
gcfundthailand@gmail.com
Ms. Krittaya Chunhaviriyakul Operational focal point
Ms. Rosalind Amornpitakpun Operational focal point