Consideration of funding proposals - Addendum II Funding proposal package for FP185

The 'Climate Change: The New Evolutionary Challenge for the Galapagos' programme seeks USD 65.27 million from the Green Climate Fund (GCF) to implement a comprehensive transition to a low-carbon economy in Ecuador's Galapagos Islands. The initiative focuses on three main components: changing the energy matrix through a centralized 14.8 MWp solar plant (Conolophus project) and distributed renewable energy; building climate resilience in food systems and ecosystems (including coral reef and Scalesia forest restoration); and establishing sustainability mechanisms such as ecotourism certification and climate-responsive planning. The programme targets 33,000 residents and over 100,000 annual tourists, aiming to reduce 584,169 tCO2eq over 25 years and enhance resilience across 19,000 hectares of agricultural land and 138,000 km2 of marine ecosystems.

• The programme aims to reduce greenhouse gas emissions by an estimated 584,168.98 tCO2e over a 25-year lifespan, primarily through energy investments.
• The project will enhance climate resilience across 19,000 hectares of agricultural areas, 1,500 hectares of Scalesia forests, and 138,000 km2 of marine ecosystems.
• The Conolophus project involves a 14.8 MWp solar photovoltaic power plant, a 40.9 MWh battery energy storage system, a 34.5kV switching station, and 49 km of sub-transmission line on Baltra island.
• The programme targets a total of 21,525 direct beneficiaries and 546,411 indirect beneficiaries over five years, including the entire local population of 33,000 and approximately 106,987 annual tourists.
• Total financing for the programme is USD 117,595,558.20, with a GCF request of USD 65,271,298.94 consisting of USD 34,730,152.76 in grants and USD 30,541,146.19 in loans.
• The Galapagos’ Climate Credit Line (GCCL) will provide concessional loans for distributed renewable energy, energy efficiency, and climate-resilient agriculture and fisheries, with a total refundable resource of USD 15,773,065.98.
• Adaptation measures for fisheries include the use of a Community-Based Fishery Improvement Project (C-FIP) for tuna and sailfin groupers, and the experimental allocation of Territorial Use Rights for Fishing (TURFs) to rebuild sea cucumber stocks.
• The programme will implement a coral restoration plan in the Galapagos Marine Reserve (GMR), including the creation of nurseries and transplanting corals to degraded sites on Darwin, Wolf, and Floreana islands.
• To address terrestrial degradation, the project will restore 750 hectares of Scalesia forest fragments and implement control programs for invasive species, specifically guava and blackberry.
• Sustainability mechanisms include the design of an ecotourism certification scheme and the creation of a Climate Action Plan for Galapagos to mainstream climate change into regulatory frameworks.
• The programme expects to create at least 250 green jobs resulting from low-carbon investments.

APA

Green Climate Fund (2022). Consideration of funding proposals - Addendum II Funding proposal package for FP185. https://www.greenclimate.fund/sites/default/files/document/gcf-b32-02-add02.pdf

Chicago

Green Climate Fund. Consideration of funding proposals - Addendum II Funding proposal package for FP185. 2022. https://www.greenclimate.fund/sites/default/files/document/gcf-b32-02-add02.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Consideration of funding proposals - Addendum II Funding proposal package for FP185 |date=25 April 2022 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-b32-02-add02.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2022consideration, author = {{Green Climate Fund}}, title = {{Consideration of funding proposals - Addendum II Funding proposal package for FP185}}, institution = {Green Climate Fund}, year = {2022}, month = apr, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-b32-02-add02.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }