Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Namibia
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: Active
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.
Board Decision Date: 2016-10-01
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: Communal Conservancies; Community Forests; MET; Support organizations e.g. Namibian Association of C
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): $ 10.00 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): $ 10.00 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: 2017-08-18
Empower to Adapt: Creating Climate-Change Resilient Livelihoods through Community-Based Natural Reso
GCF-FP024

Project Description
This Enhance Direct Access (EDA) Pilot is built on the strong institutional foundation of the Namibian Community-based Natural Resource Management (CBNRM) network, which consists of communal conservancies and community forests in the rural communal areas of Namibia. It comprises 8 Non-Government Organizations (NGOs) and the University of Namibia. These existing institutions are ideally placed to be the conduits for the implementation of local-level climate action. It is expected that the project improve land management of an area of 7,200,000 hectares. The project will run over five years and consists of two complementary components that will empower rural communities to respond to climate change in terms of awareness, adaptive capacity and low-carbon rural development.
Investment Description
Contact Information
Environmental Investment Fund (EIF) Mr. Benedict Libanda Tel: +264 61 4317700 Mr. Karl Aribeb Tel: +264 61 4317701 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