Structuring and Launching CRAFT: the First Private Sector Climate Resilience & Adaptation Fund for Developing Countries
Project Summary
To establish and mobilize resources for the Climate Resilience and Adaptation Finance & Technology Transfer Facility (CRAFT), the first private sector climate resilience and adaptation investment fund and technical assistance facility for developing countries, consistent with the goals of the Paris Agreement.
Project Details
| GEF Project ID | 9941 |
| Project Type | Medium-size Project |
| Status | Project Approved |
| Country | Global |
| Region | |
| Focal Areas | |
| Funding Source | Special Climate Change Fund |
| Implementing Agencies | Conservation International |
| Executing Agencies | Lightsmith Group LLC |
| GEF Period: | GEF - 6 |
| Approval Fiscal Year: | 2018 |
Project Documents
Financials
| Project Preparation Grant Amount | 30,000 USD |
| GEF Project Grant | 1,045,000 USD |
| Co-financing Total | 1,418,000 USD |
| GEF Agency Fees | 94,050 USD |
| Total Cost | 2,493,000.00 USD |
Project Timeline
Received by GEF
21 Oct 2017
Preparation Grant Approved
15 Nov 2017
Concept Approved
15 Nov 2017
Project Approved for Implementation
14 Nov 2017
Project closed