Where the impacts of the investment may be experienced.
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
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: 2016-12-01
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: Ministries of Water and Environment, Agriculture, Animal Industry and Fisheries; Uganda National Met
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 24.14 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): $ 44.26 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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Building Resilient Communities, Wetlands Ecosystems and Associated Catchments in Uganda
Enhancing Ugandan subsistence farmers' ability to deal with climate impacts. An estimated 4 million people who live in and around Uganda's wetlands rely on them for food security. The impact of climate change, coupled with other environmental stresses, is increasing the degradation of wetlands and associated ecosystems. This grant-based project will assist the Government of Uganda take climate change effects into account in managing wetlands. Climate effects include increased climate variability and extreme weather events, such as droughts, floods, high temperatures and violent storms.
This project will help Ugandarestore critical wetlands to improve ecosystem services - such as replenishing ground water, improving flood control, and enhancing the livelihoods of subsistence farming communities through fishing and agriculture; Enhancing the skills of people to diversify their livelihoods and become more resilient to climate shocks; and Improve the ability of communities in sensitive wetland areas to reduce climate risks and prepare them for climate-related disasters (including through decentralized early warning systems).
This project will target south-western and eastern regions in Uganda, home to some of this Least Developed Country's most vulnerable people - more than half of them women. While this climate initiative is based on grant financing, positive spillover effects are envisaged in the private sector as new revenue opportunities open up for people in rural areas.
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 firstname.lastname@example.org