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: U
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: 2018-02-28
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: FONERWA
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD): $ 32.79 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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Strengthening Climate Resilience of Rural Communitis in Northern Rwanda
<div style="left: 74.6px; top: 218.81px; font-size: 16.6px; font-family: sans-serif; transform: scaleX(1.00297);">The Government of Rwanda (GOR), through its accredited entity MOE, is submitting a proposal to the Green Climate Fund (GCF) to increase the resilience of vulnerable communities to climate change in Gicumbi District in Northern Rwanda. The project seeks a total of USD 32,794,442 of GCF grant resources over six years. The project will restore and enhance ecosystem services in one of the sub-catchments of the degraded Muvumba watershed, increase the capacity of communities to renew and sustainably manage forest resources and support smallholdersto ad opt climate resilient agriculture. The project will also invest in climate resilient settlements for vulnerable families currently living in areas prone to landslides and floods and support community based adaptation planning and livelihoods diversification. Knowledge and capacity developed during implementation will be mainstreamed at the local and national level.</div>
<div style="left: 74.6px; top: 401.46px; font-size: 16.6px; font-family: sans-serif; transform: scaleX(1.00272);">The project will specifically target the most vulnerable groups who have less resources to mitigate and adapt toclimate change. This includes the extreme poor, as more than a quarter of households in the target area fall into this category and women headed households who tend to be poor and are particularly vulnerable to climate change. Many of the project’s interventions target those who farm marginal land and are highly vulnerable to landslides, flooding and droughts. A key focus will be on developing the adaptive capacity of farmers and local institutions to ensure that the developed resilience becomes embedded within communities and local structures enabling them to continue adapting to future climate variability beyond the lifetime of the project.</div>