Consideration of funding proposals – Addendum II Funding proposal package for FP207

The 'Recharge Pakistan' project aims to shift Pakistan's flood and water management from a reactive, grey-infrastructure-based approach to a proactive, nature-based strategy. Implementing interventions across four sites in the Indus Basin, the project focuses on restoring degraded watersheds, establishing green infrastructure like recharge basins, and updating national and provincial water policies. It also targets the resilience of smallholder farmers through climate-smart agriculture and supports the development of sustainable, climate-resilient businesses. The project is managed by WWF-US as the Accredited Entity and WWF-Pakistan as the Executing Entity, with a total budget of approximately 77.8 million USD.

• The project targets four specific sites in the Indus Basin: DI Khan and Ramak in the DI Khan catchment, and Chakar Lehri and Manchar in the Chakar Lehri catchment.
• The project's primary adaptation interventions include restoring 14,215 hectares of degraded watersheds in DI Khan and implementing 127 green infrastructure interventions, such as recharge basins and retention areas.
• The project aims to benefit 687,336 direct beneficiaries and 7,024,361 indirect beneficiaries, with a gender split of approximately 52% men and 48% women.
• A central goal is to update Pakistan's key water regulations, including the Implementation Framework for the National Water Policy, the National Adaptation Plan (NAP), and Provincial Adaptation Plans for Sindh, Khyber, Balochistan, and Punjab.
• The project will support the incubation of 7 sustainable, climate-resilient businesses to help them access debt and equity finance, leveraging previous work with the Dutch Fund for Climate and Development (DFCD).
• Climate-resilient agricultural support will be provided to 50,750 smallholder farmers through Farmer Field Schools, focusing on drought-resistant crop varieties and improved irrigation.
• The project expects a mitigation co-benefit of reducing 26,450 metric tons of CO2 annually, with total lifetime removals estimated at 1,037,928 tons of CO2 over approximately 40 years.
• The total project financing is 77.8 million USD, consisting of a 66 million USD GCF grant, 10 million USD in co-finance from USAID and The Coca-Cola Foundation, and 1.8 million USD in-kind from WWF-Pakistan.
• The project's economic analysis indicates it is cost-beneficial, with a Net Present Value (NPV) of 30 million USD and an Economic Internal Rate of Return (EIRR) of 13.6%.
• The project identifies several critical barriers, including a lack of proof-of-concept for EbA in Pakistan and the over-reliance on reactive grey infrastructure.

APA

Green Climate Fund (2023). Consideration of funding proposals – Addendum II Funding proposal package for FP207. https://www.greenclimate.fund/sites/default/files/document/gcf-b36-02-add02-rev01.pdf

Chicago

Green Climate Fund. Consideration of funding proposals – Addendum II Funding proposal package for FP207. 2023. https://www.greenclimate.fund/sites/default/files/document/gcf-b36-02-add02-rev01.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Consideration of funding proposals – Addendum II Funding proposal package for FP207 |date=26 June 2023 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-b36-02-add02-rev01.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2023consideration, author = {{Green Climate Fund}}, title = {{Consideration of funding proposals – Addendum II Funding proposal package for FP207}}, institution = {Green Climate Fund}, year = {2023}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-b36-02-add02-rev01.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }