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Title:
Djibouti GCF - Building Climate Resilience of Food And Livelihoods Programme in the Horn of Africa
Detail:
BREFOL is funded by the GCF to reinforce, complement and amplify ongoing BREFONS efforts. BREFOL's preparation has respected and satisfied the GCF's complex processes, requiring the preparation of concept notes, FP239, in-depth reviews by the GCF's independent technical evaluation committee and revisions by the Bank's project team, as well as final approval by the GCF Board of Directors (#GCFB39) on July 18, 2024. BREFOL has also introduced new activities, particularly concerning the engagement of the private sector and financial institutions, which were not foreseen under BREFONS and require new approaches. BREFOL introduced loan components to complement the grants for Djibouti and Ethiopia, while all countries were financed by ADF grants under BREFONS. This project contributes primarily to climate adaptation results. Thus, 100% of the total amount approved is allocated to climate financing, of which 100% is dedicated to adaptation.
Country:
International
Source:
African Development Bank Group
Published Date:
01.12.2024
URL:
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