ACCF Portal

GENERAL INFORMATION

Grant Approval Date
End (estimated) Date
Project Cost $ 429,422.
Sector Climate finance
Executing Agency National Climate Change Programme (at the Ministry of Environment and Sustainable Development)
Current status Closed
Côte d'Ivoire - Preparation for Access to Climate Finance for a Transition Toward a Green and Climate-Resilient Economy
Côte d'Ivoire - Preparation for Access to Climate Finance for a Transition Toward a Green and Climate-Resilient Economy
Background

The ACCF supported the Government of Côte d’Ivoire to enhance the country’s capacity to mobilize and access climate finance, enabling a stronger response to the negative impacts of climate change and supporting the transition toward a low carbon and climate resilient economy.

This initiative aligns with the ACCF’s core objective of facilitating access to the financial resources needed to strengthen national economies in the face of climate and recovery challenges. Addressing the effects of climate change and seizing the opportunities it presents to transform key sectors is essential for Côte d’Ivoire to achieve its vision of becoming an emerging economy.

Objectives

The project seeks to enhance the country’s capacity to mobilize international resources for climate-resilient development.  

Main Components/Outputs

The project has three main components:

  1. Development of project proposals for the Green Climate Fund (two concept notes) and the Adaptation Fund (one full proposal).
  2. Training of national stakeholders in the development of climate change projects.
  3. Evaluation of the capacity of a national institution for accreditation.
Key Achievements or Progress

The project key deliverables upon completion include the following:

  1. (a) Prepare a detailed concept note for submission to GCF (b) develop a full proposal for submission to the Adaptation Fund.  

The project has already designed 2 concept notes to be submitted to GCF (one will use the SAP methodology) with already identified GCF-accredited entities that are willing to guide and to submit these concept notes to the GCF. The 2 concept notes that are being developed are (1) Multi-risk Climate Early Warning System (request of $30 million), and (2) Improving Bioenergy Production by Small Agricultural and Forest Operators (through SAP, request of $10 million). The full proposal to the Adaptation Fund is currently undergoing a second round of reviews of the comments received from the AF in November 2020. This specific activity is further explained under the case study below.

  1. Capacity building of national executives involved in tackling climate change in terms of design, project management, and mobilization of climate finance; The project recruited a consulting firm to train 50 key national stakeholders in November 2019, focusing specifically on the abovementioned areas under the proposed interventions.
  2. Supporting the identification of a national implementing institution to be accredited to the GCF. The project recruited a consulting firm to strengthen the national capacity by identifying two national institutions to conduct in-depth institutional assessments and to support their accreditation process to the GCF. The outcome of this activity will improve the direct access of national sectoral structures to climate finance. 
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