At a Glance
|Strategic Outcomes||SO1 Reduced GHG emission, SO2 Creation of green jobs, SO3 Increased access to sustainable services, SO6 Enhanced adaptation to climate change|
|Start Date||Q4 2019|
|End Date||q3 2021|
|Actual Budget (USD)||119,784|
|Actual Expenditure (USD)||19277|
|GGGI Share (USD)|
|Poverty and Gender Policy Markers||poverty|
|Name of Client (Lead/Prime implementer if GGGI is part of a consortium)||GGGI|
|Participating Organization (Funding/donor)||Green Climate Fund – GCF|
|Name of consortium members, if any|
Côte d’Ivoire’s exposure to the impacts of climate change poses a threat to the economy and the livelihoods of many citizens, especially those working in vulnerable sectors. Steering the country towards a path of sustainable growth that accounts for adverse effects of climate change, some of which are already being observed in the country, is a major challenge and opportunity at the same time. The opportunities from sustainable growth include sustaining the long-term growth trajectory that Côte d’Ivoire has demonstrated in previous years. Since the end of the political crises in 2011, Côte d’Ivoire has shown strong economic growth and maintains a positive outlook with a projected GDP growth rate of between 7% and 7.5% (World Bank, 2018). Agriculture is one of the country’s main sources of growth and provides employment to about half of the employed population. Côte d’Ivoire is the leading global cocoa producer, with cocoa beans and products contributing ca. 30% to the country’s exports. Recent studies predict that progressive climate change will affect agricultural production in Côte d’Ivoire, with potentially severe implications for the economy and farmer livelihoods as well as for forests and natural habitat. Cocoa, one of the country’s most important cash crops, will be affected by rising temperature and changing rainfall patterns, and the country’s cocoa-growing regions are likely to have to dedicate resources to adapt to these changes. Recognizing the risks climate change poses to the country, the Government of Côte d’Ivoire has committed nationally and internationally to mitigation and adaptation actions, outlined, for example, in the countries NDCs. While climate change is reflected in national economic developments plans and the government has actively sought to encourage climate investments, public and private sector funding to implement the plans and committed actions have been inadequate. The Government of Côte d’Ivoire has therefore undertaken a set of programmes to build its capacity to access climate finance and mobilize investments in climate projects, including capacity development to engage effectively with the GCF over the long‐term. The Bureau of Climate Change (BCC) of the Ministry of Environment and Sustainable Development (NDA) has led the implementation of the country’s first GCF Readiness project (RP1), aiming to establish the necessary operational mechanisms, country programming processes and capacity to engage with and access the GCF, and implement climate change projects and programmes. In addition, it builds on the achievements of the African Development Bank’s Africa Climate Change Fund (ACCF) in Côte d’Ivoire. Implemented by the Ministry of Environment and Sustainable Development, the project has developed two specific climate change projects for submission to international climate funds such as the GCF and Adaptation Fund. Through capacity building that emphasizes the design of climate projects and resource mobilization, NDA and other key government stakeholders are better prepared to set up, effectively apply and update mechanisms and process to engage with the GCF. The identification and nomination of a potential national direct accredited entity (DAE) has been supported with a study. The results of the study complemented related activities of the 1st Readiness project (RP1) and helped inform the selection and nomination of a candidate DAE by the NDA.
Project Objective, Outcome and Impact
Objective: This GCF Readiness project will build on the efforts and outcomes of previously approved Readiness programmes in Côte d’Ivoire. It will reflect achievements and lessons learnt from Readiness programmes implemented by Centre de Suivi Ecologique (CSE) and UNDP in particular as well as climate change initiatives implemented by the Government of Côte d’Ivoire and other partners working in the country. The NDA has led the stakeholder coordination including between GGGI, the Delivery Partner for this Readiness proposal, CSE and UNDP. This Readiness grant will support the NDA to continue to work especially on outcomes related to direct access to climate finance and developing climate change projects.
- Direct access to climate finance: Increased green growth investment flows which enable partner governments to implement green growth policies.
- Climate finance strategies and project pipeline strengthened: Strengthened national, sub-national and local green growth planning, financing and institutional frameworks, IO2. Increased green growth investment flows that enable partner governments to implement green growth policies
Impact: Enhancing the Republic of Côte d’Ivoire’s Access to Climate Finance.
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