Saint Lucia’s Nationally Designated Authority NDA) has appointed FAO as the Accredited Entity (AE) to support the development of the “Implementing the Saint Lucia Fisheries Sectoral Adaptation Strategy Action Plan (SASAP”) project. To date, FAO has provided internal resources to prepare the Concept Note (CN) and prefeasibility study for the early stages of project development. However, the cost of developing the full Funding Proposal is high, and Saint Lucia as a Small Island Developing State faces several challenges, including a lack of quality public data and limited resources within public institutions to support project development. Therefore, FAO together with the NDA requests support from the GCF through the Project Preparation Facility (PPF). To coordinate technical activities under the PPF and complete the full project proposal package, FAO will make available an additional amount of USD 99,500 as co-financing for the PPF activities (this amount does not include funds already used for CN and prefeasibility study development).

The requested PPF support is thus complementary to FAO’s resources and will focus on meeting the GCF technical requirements/technical annexes to the Funding Proposal (FP). Building directly on the existing CN and pre-feasibility study and in parallel to the further development of the FP document, the PPF support will facilitate completion of the following activities:

• Climate modelling and vulnerability study (including assessment to establish credible baselines and targets)
• Feasibility study (including market analysis and assessment of expected adaptation benefits and beneficiaries)
• Gender analysis and action plan
• Stakeholder consultations and engagement plan
• Environmental and Social Safeguards (ESS) document corresponding to the ESS category
• Economic and financial analysis
• Monitoring and evaluation plan
• Development of Theory of Change and logframe

More detail on the need for each of these activities is given below. As the AE for the SASAP project, FAO will ensure the necessary due diligence, including full and effective stakeholder consultations, technical and administrative quality control, and transparent fiduciary responsibility during the implementation of the PPF activities.