Blended finance facility for climate resilience in coffee and cacao value chains: CC-Blend

To strengthen the climate resilience of coffee and cacao producers in El Salvador and enhance access to sustainable finance in Central America

Project Details

GEF Project ID
10434
Country
Regional
Implementing Agencies
United Nations Environment Programme
Approval FY
2021
Status
Project Approved
Region
Regional
Executing Agencies
Banco de Fomento Agropecuario (BFA) (Ministry of Agriculture and Livestock, El Salvador) for Components 1 and 2; and Central American Microfinance Association Network (REDCAMIF) for Component 3
GEF Period
GEF - 7
Project Type
Medium-size Project
Focal Areas
Climate Change
Funding Source
Special Climate Change Fund
Project Documents
CEO Endorsement/Approval Review Sheet Document
CEO Approval
GEFSEC Review
PIF

Financials

USD
Co-financing Total
12,287,500
GEF Project Grant
1,091,552
GEF Agency Fees
103,697

Timeline

Received by GEF
10 Nov 2019
Concept Approved
27 Mar 2020
Project Approved for Implementation
24 Oct 2021