Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Tajikistan
  • Uzbekistan
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)
Status: Approved
Bank Risk Rating: B
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.
Board Decision Date: 2016-07-01
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: Executive Committee for International Fund for Saving the Aral Sea
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Climate and Environment
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 19.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD): $ 19.00 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): $ 68.80 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: 2018-04-05
Climate Adaptation and Mitigation Program for the Aral Sea Basin (CAMP4ASB)
GCF-FP014

Project Description

According to GCF website, the CAMP4ASB Program is a World Bank Group program addressing both adaptation and mitigation support in the Aral Sea Basin. The program builds regional cooperation to the challenges of climate change. GCF investments will contribute to CAMP4ASB by addressing adaptation, initially in Tajikistan and Uzbekistan.

GCF's engagement will allow support for the adoption of climate-smart rural production and landscape management investments through a regional climate investment facility. This will target the poorest and most climate-vulnerable rural communities, benefiting farmers and village in particular. The facility will strengthen climate resilience and food security. Agricultural, land and water management practices will be implemented based on local agro-ecological conditions in order to strengthen climate change resilience. Investments via the facility will be demand-driven, but will include crop diversification, water resource management, rehabilitation of degraded land, conservation agriculture, livestock production improvements, agro-products processing, energy efficiency improvements and expansion of renewable energy sources.

Investment Description
Contact Information

Ms. Claudia Croce
International Bank for Reconstruction and Development and International Development Association (World Bank)
Telephone No.: +1 202 458 1697
Email Address: ccroce@worldbank.org

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