SAP012

Inclusive Green Financing for Climate Resilient and Low Emission Smallholder Agriculture

Inclusive Green Financing for Climate Resilient and Low Emission Smallholder Agriculture

Improving access to credit for smallholder farmers in Niger to implement climate-resilient and low-emission agriculture.

Current predictions show that agricultural production in Niger is estimated to drop by 20 percent, threatening the livelihoods of 85 percent of Nigerians whose employment depends on agriculture. Investments in climate-resilient and low-emission agriculture are perceived as high risk, especially by the local financial sector. 

The project incentivises the participation of the private sector by engaging with commercial banks and microfinance institutions. It will provide much desired financial support to smallholder farmers by increasing access to credit in tandem with technical assistance and capacity building.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
25,000
Indirect
150,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

28 Nov 2018 - 352 days

Concept note received

28 Nov 2018

Funding proposal received

15 Mar 2019

Cleared by GCF Secretariat

27 Aug 2019

Cleared by iTAP

22 Oct 2019

Approved

14 Nov 2019 - 266 days so far

Approved by GCF Board

14 Nov 2019

Legal opinion on AE's Internal Approval

12 Mar 2020

Under implementation

Completed

One region

  • Africa

One country

Two priority groups

  • Least Developed Countries
  • African States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
LoanUSD 7,000,000
GrantUSD 3,000,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGrantUSD 2,500,000
Co-FinancingLoanUSD 1,000,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

International Fund for Agricultural Development

Ms. Margarita Astralaga
Director, Environment and Climate Division
Via Paolo di Dono 44, Rome, Italy
Phone +39 06 5459 2151
m.astralaga@ifad.org
Ms. Liza Leclerc
Lead Technical Specialist

National Designated Authority

Niger

National Council of the Environment for Sustainable Development (CNEDD)

Dr. Kamaye Maâzou
Executive Secretary
Cabinet du Premier Ministre, PL 17 Rue du Gouverneur Jules Brévié, BP 10193, Niamey, Niger, Niamey, Niger (the)
Phone +227 207 22 559
Phone +27 9698 7470
Phone +227 9022 1700
kmaazou@gmail.com
kamayemaazou@yahoo.fr