GCF agriculture session

1. Developing GCF projects in
agriculture and food security
Janie Rioux, Agriculture and Food Security Senior Specialist
NAP-Expo, Korea Global AdaptationWeek
Songdo, South Korea | 9 April 2019

2. The GCF vision
Green
Climate
Fund
Country
driven
Climate
impact
focus
Paradigm
Shift
Public+
private
Risk
appetite
to unlock
ideas

3. 8 Strategic Results Areas
Innovative, sustainable, high climate impact potential projects in:

4. Expected impacts in agriculture
Reduced food
gaps (% food
secure
households)
Resilient
agricultural
practices
adopted (ha of
land)
Livelihoods
diversified (%
households)
Reduced
vulnerability (%
people affected
by climate
disasters)
Agroforestry
and EbA
systems
established or
enhanced (ha)
Resilient
infrastructures
or assets
(number or
value)

5. Expected outcomes – adaptation
Strengthened institutional
and regulatory systems
for climate planning and
development
Increased generation and
use of climate
information in decision-
making
Strengthened adaptive
capacity and reduced
exposure to climate risks
Strengthened awareness
of climate threats and
risk-reduction processes

6. A growing portfolio
$5B for 102 projects (73 countries)
LATIN AMERICA & CARIBBEAN
22 approved
AFRICA
43 approved
ASIA-PACIFIC
40 approved
EASTERN EUROPE
6 approved
CROSS-REGION
2 approved
April 2019

7. Examples of projects in agriculture and food
security

8. INTERVENTIONS
– Promote cost-effective investments in early
warning systems.
– Support innovative drought adaptation actions
for smallholder farmers.
– Introduce climate resilient ecosystem
management practices.
– Knowledge and information support
mechanisms for smallholder farmers.

9. Help farmers plan and manage water resources to support
resilient-agricultural production.
─ e.g. generation and dissemination of climate-based agricultural advisories
Promote resilient agricultural livelihoods.
─ e.g. enhancing irrigation schemes and water storage; increasing access
to inputs and resilient agricultural production practices; introducing
alternative livelihoods; and establishing farmer field schools
Increase farmers’ access to markets and
commercialization of resilient agricultural products.
─ e.g. improving post-production, storage, aggregation and transport of resilient
products; increasing access to insurance products; and identifying available
markets for resilient products

10. INTERVENTIONS
– Improve agribusiness value chain infrastructures.
─ e.g. climate-resilient infrastructures, farm-market roads, and use of
renewable energy
– Promote climate smart agriculture (CSA) and agribusiness
skills.
─ e.g. climate-friendly production practices and technologies, farm
mechanization and agricultural extension
– Enhance enabling environment for climate -friendly
agribusiness.
─ e.g. policies and standards, access to green finance and risk-sharing
mechanisms, information and communication technologies

11. GCF Investment Criteria
Impact potential
Paradigm shift potential
Sustainable development potential
Country ownership
Efficiency & effectiveness
Responsive to needs of recipients
Potential to contribute to achievement of Fund's objectives
and result areas
Vulnerability and financing needs of beneficiary in targeted
group
Economic soundness, cost-effectiveness and co-financing
for mitigation
Country ownership and capacity to implement (policies,
climate strategies and institutions)
Wider economic, environmental, social (gender) co-
benefits
Long-term impact beyond a one-off investment

12. Agriculture funding proposals
Lessons and challenges
• Blend of financing and concessionality- selection of financing
instruments
• Innovative /Transformative / Paradigm shift
• Scope of Adaptation – climate rationale, climate impacts
identified and addressed
• Quality of proposals- technical soundness, clear description of
project activities, consideration of options, selection of actors,
cost-benefit analysis, operation and maintenance

13. Thank you
jrioux@gcfund.org