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Canada’s Total Climate Finance Contribution:
$200,000 CAD
- 2010 to 2011: $200,000 CAD
Targeted Countries:
Nepal
Funding Period: 2010 to 2011
Type of Support:
Adaptation
Project Funded through a Canadian Facility:
IFC - Canada Climate Change Program (CCCP)
Delivery Partner(s):
Description
The IFC-Canada Climate Change Program provided support for adaptation strategies in Nepal, one of the most vulnerable countries in the world to the effects of climate change. Building resilience to climate change through adaptation is one of the key development priorities of the Government of Nepal and of the international development community. As a result, the project is working with lead agribusiness firms to support smallholder farmers in their supply-chain to adopt climate resilient practices, such as water management and improved resilient seed varieties.
Results/Expected Outcomes
With support from Canada, this project is expected to mobilize an additional $2.29 million in co-financing from public and private sources. To date, the project has worked with three lead firms in three key commodities (rice, sugarcane and maize), resulting in more than 13,000 smallholder farmers, including 5,700 women, being trained on climate resilient practices.
Co-Financing/Mobilized Finance ($CAD):
$2,290,000