ROME – The Green Climate Fund (GCF) has approved projects worth more than $300 million that will protect forests in Papua New Guinea, promote sustainable fisheries in Saint Lucia, and help grow Africa’s Great Green Wall.
The initiatives, designed by the Food and Agriculture Organization of the United Nations (FAO), were greenlighted at the 42nd meeting of the GCF Board, held in the Papua New Guinea capital from June 30 to July 3. It represents the highest-value batch of such approvals to date.
“Through sustainable forestry management, fisheries transformation and land restoration, these FAO-designed projects will make a significant difference to the lives and livelihood of these vulnerable communities, especially in the current global context of overlapping and complex crises due to climate extremes and other shocks,” said FAO director-general QU Dongyu. “FAO appreciates the unwavering trust that the GCF and Member Countries place in FAO’s professional capacity to provide the required technical expertise to strengthen resilience and safeguard the livelihoods of the most vulnerable,” he added. “The FAO-GCF partnership continues to be critical for the climate investments in agrifood systems required to deliver science-based concrete solutions to countries and communities where they are needed most, leaving no one behind.”
All three approvals were outcomes of successful FAO-led GCF readiness projects, as well as other long-standing technical collaborations, which unlocked the resources countries needed to pursue more ambitious climate projects.
Saint Lucia
The FISH-ADAPT project in Saint Lucia, with an investment of $16.7 million, has been designed to reduce the risks that climate change poses to the fishing and aquaculture sectors in this Small Island Developing State located in the eastern Caribbean Sea.
The project aims to transform Saint Lucia’s fisheries sector by making fishing safer and more productive despite a changing climate. It will foster a circular economy to help reduce waste, enhance resource efficiency, and promote livelihood diversification for more resilient communities. Fish value chains and markets will be strengthened; coastal fish grounds and aquaculture systems will become more climate resilient; and fishers will have more diversified incomes.
The initiative will put in place agrifood solutions that build sustainability and resilience to improve efficiency, safety and productivity in the fisheries sector. These include empowering fishers and aquaculture farmers by enhancing access to weather data, upgrading landing sites and promoting sustainable offshore fishing.
Saint Lucia’s geographic position and socio-economic dependence on the fisheries sector make it especially vulnerable to the impacts of climate change. Fisherfolk who rely on the sea for their livelihoods are finding it increasingly difficult to adapt to a changing climate and declining fish stocks. Increased air temperature and changing rainfall patterns have also been affecting inland aquaculture.
Considering these challenges, FISH-ADAPT will target approximately 75,000 beneficiaries – about 41 percent of the population – including marine fishers, sea-moss farmers, fish vendors and processors, and inland aquaculture farmers.
The FAO–GCF partnership
The new approvals raise FAO’s GCF portfolio to over $1.8 billion, with climate investments delivering sustainable agrifood system solutions to the countries and communities where they are needed most.
You can read more about FAO’s partnership with GCF here.
