Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Peru
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Green Climate Fund (GCF)
Bank Risk Rating: C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: PROFONANPE
The holder of the loan, grant, or other investment.
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 6.24 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 9.11 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ GCF website
Updated in EWS: 2017-11-06
Building the Resilience of Wetlands in the Province of Datem del Maranon, Peru
GCF-FP001

Project Description
Enhancing the climate resilience and livelihoods of the indigenous wetlands communities of Datem del Maranon in the Amazon basin, while reducing greenhouse gas emissions from deforestation. The swamps of Datem del Maranon hold a total carbon stock estimated at around 3.78 billion tonnes of carbon dioxide equivalent (CO2 eq.). The project will avoid deforestation of an estimated 4,861 hectares of palm swamp and terra firma forests over a 10-year period and enhance resilience and conservation of 343,000 ha of peatlands and forest. Climate change will also have profound impacts on the region, with more frequent droughts, flooding, and heatwaves, and changes in primary productivity, affecting people and ecosystems. The project will facilitate better land-use planning and management of the region's wetlands, while strengthening sustainable, commercial bio-businesses of non-timber forest products. It will entrust indigenous communities with the management of resources, improve their livelihoods, and empower women in the decision-making processes. The funding will support government departments in developing the land-use plan, and provide support to community-based organizations for the participation of indigenous people. The largest share of funds will support bio-businesses, including for business plans, marketing and management, equipment and supplies, and the development of solar energy for operations. The nature-based products include salted fish, smoked meat, aguaje pulp (from palm trees), and "dragon's blood," a croton tree resin used as an antiinflammatory and anti-viral. Expected project benefits: GCF results areas Gender benefits * Enhance income levels of women through bio-business opportunities. UN Sustainable Development Goal * #13 Climate action
Investment Description
Contact Information
ACCREDITED ENTITY Peruvian Trust Fund for National Parks and Protected Areas (Profonanpe) Mr. Alberto Paniagua Tel: +511-2181097 Ms. Claudia Godfrey Tel: +511-2181097 CSOS IN PERU Derecho, Ambiente y Recursos Naturales (DAR) Cesar Gamboa Balbín Asociacion Interetnica de Desarollo de la Selva Peruana (AIDESEP) Henderson Rengifo-Hualinga Consorcio de Organizaciones Privadas de Promoción al Desarrollo de la Pequeña y Microempresa (COPEME) Francesca Randazzo Profonanpe Claudia Godfrey ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies. The IRM is newly created and is still in the process of developing its procedures and website. More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at irm@gcfund.org.
Bank Documents