Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Ethiopia
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.
Borrower or Client: Ministry of Agriculture and Natural Resources (MoANR); Ministry of Water, Irrigation and Electricity
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
  • Water and Sanitation
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 45.00 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): $ 45.00 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): $ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Share This Page

 

Contact Us

Do you have more information on
this project, or want to get involved?
Contact EWS

Primary Source

Original disclosure @ GCF website
Updated in EWS: 2017-11-24
Responding to the Increasing Risk of Drought: Building Gender-responsive Resilience of the Most Vuln
GCF-FP058

Project Description
Providing rural communities with critical water supplies for year-round drinking water and small-scale irrigation to address risks of drought and other climate impacts. Ethiopia is projected to experience drought conditions worsened by climate change, and the country's exposure to drought and floods is heavily influenced by the El NiAao/La NiAaa phenomenon. In 2015 to 2016 Ethiopia experienced one of its worst droughts in decades. Climate change impacts are likely to increase temperatures, create greater rainfall variability with more frequent extremes, and change the nature of seasonal rainfalls. Introducing improved water supply and management systems will increase local communities' productive capacity as well as the water ecosystem's carrying capacity. The three main activities will be introducing solar-powered water pumping and small-scale irrigation, the rehabilitation and management of degraded lands around the water sources, and creating an enabling environment by raising awareness and improving local capacity. Over 50% of the beneficiaries will be women, with 30% of households being female-headed. Expected project benefits: GCF results areas UN Sustainable Development Goal * #6 Clean water and sanitation
Investment Description
Contact Information
ACCREDITED ENTITY Ministry of Finance and Economic Cooperation of the Federal Democratic Republic of Ethiopia (MOFEC) Mr. Admasu Nebebe Gedamu Tel: +251-930102261 Mr. Zerihun Getu Tel: +251-921566324 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