XI-BRIDGE-6385676864-815 Global Environment Facility NA Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility World Bank Forestry and Parks Department Ministry of Agriculture CEO Approval Date Actual Implementation Start Date Expected Completion Date Actual Completion Date ' Grenada +![cdata[Forestry policy and administrative management]]+ 241000.00 241000.00 241000.00 0 World Bank Forestry and Parks Department Ministry of Agriculture 0 World Bank Forestry and Parks Department Ministry of Agriculture 0 World Bank Forestry and Parks Department Ministry of Agriculture 0 World Bank Forestry and Parks Department Ministry of Agriculture 0 World Bank Forestry and Parks Department Ministry of Agriculture 0 World Bank Forestry and Parks Department Ministry of Agriculture 723000 GEF XI-BRIDGE-6385676864-3512 Global Environment Facility NA Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility UNDP Ministry of Finance CEO Approval Date Actual Implementation Start Date Actual Completion Date ' Grenada 0.00 0.00 0.00 0 UNDP Ministry of Finance 0 GEF XI-BRIDGE-6385676864-5069 Global Environment Facility NA Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility UNDP Ministry of Agriculture (Fisheries and Forestry Department); Ministry of Environment CEO Endorsement Date Actual Implementation Start Date Expected Completion Date Actual Completion Date ' Grenada Grenada 12.11667 -61.66667 +![cdata[Biodiversity]]+ 606333.20 606333.20 606333.20 606333.20 606333.20 0 UNDP Ministry of Agriculture (Fisheries and Forestry Department); Ministry of Environment 0 UNDP Ministry of Agriculture (Fisheries and Forestry Department); Ministry of Environment 1963993 UNDP Ministry of Agriculture (Fisheries and Forestry Department); Ministry of Environment 586569 UNDP Ministry of Agriculture (Fisheries and Forestry Department); Ministry of Environment 2723766 UNDP Ministry of Agriculture (Fisheries and Forestry Department); Ministry of Environment 3031666 GEF XI-BRIDGE-6385676864-9577 Global Environment Facility To operationalize integrated agroecosystem management through mainstreaming biodiversity conservation in the production landscape and increasing resilience of agricultural system Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Global Environment Facility UNDP Ministry of Agriculture, Lands, Forestry, Fisheries and Environment CEO Endorsement Date Actual Implementation Start Date Expected Completion Date ' Grenada Saint George's 12.05288 -61.75226 +![cdata[Agricultural development]]+ +![cdata[Biodiversity]]+ 731955.00 731955.00 731955.00 731955.00 731955.00 316307 UNDP Ministry of Agriculture, Lands, Forestry, Fisheries and Environment 284426 UNDP Ministry of Agriculture, Lands, Forestry, Fisheries and Environment 362017 UNDP Ministry of Agriculture, Lands, Forestry, Fisheries and Environment 274445 UNDP Ministry of Agriculture, Lands, Forestry, Fisheries and Environment 414616 UNDP Ministry of Agriculture, Lands, Forestry, Fisheries and Environment 3659775 GEF XI-BRIDGE-6385676864-10629 Global Environment Facility Accelerate the introduction of low-carbon electric mobility in Grenada, leading to reduced national fossil fuel consumption, greenhouse gas emissions and air pollution. Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.The direct project beneficiaries includes participants involved in the demonstrations and the trainees and future trainers attending the capacity building activities of the national project and the global programme. Social benefits In terms of benefits for the local population, through the introduction and expansion of electric vehicles, the project will help to replace ICEs in the country in the medium to long term, reducing air pollution from road traffic-related emissions and thus improving air quality for the citizens of the country. This has the co-benefit of improving citizens' health and lowering associated health care costs and potential death rates, which has become even more relevant due to the COVID-19 pandemic. Notwithstanding that there is no regular information on air quality in Grenada, the most recent data from the World Health Organization (WHO) shows that the annual mean PM2.5 value in Grenada in 2016 was almost 22 µg/m3.[1] In comparison, WHO air quality guidelines stipulate that the mean PM2.5 value should not exceed 10 µg/m3.[2] According to a recent study, the death toll attributed to air pollution is rapidly growing, making it now the world’s largest single environmental health risk (killing more people every year than malaria and AIDS).[3] In 2017, the number of deaths attributable to ambient air pollution in Grenada was estimated at 73, up from 59 deaths in 2010.[4] The project will provide an estimate of the pollutant emissions avoided through the demonstration (see D.2.2.6 and D. 2.2.7). In addition, the introduction of electric vehicles will reduce noise pollution. Economic benefits In terms of economic benefits, Grenada currently spends around 18% of its GDP on fuel imports annually.[5] Although the introduction of low carbon electro-mobility also requires imports and thus investments in renewable energies, electric vehicles and charging infrastructure, in the medium- to long-term the transition will make the country less dependent on global oil prices. Over time this will support the fiscal health of the Grenadian government, as it won’t have to provide such significant fuel subsidies, as well as reduce fuel payments made by vehicle users. A reduced dependency on fossil fuel imports will slowly reduce investment uncertainties, which in turn should lead to a more favourable investment environment, lowering interest rates and expected short-term returns, and making long-term investments more attractive. In addition, the transition to electro-mobility will create a new market for the power generation and distribution sectors, making investments in the latter more attractive and thus improving the reliability of the overall system. Environmental benefits By focusing on safe management and disposal of electric vehicle and its components, the project also anticipates emerging environmental issues stemming from a large-scale market introduction of electric vehicles and seeks to develop policies and regulations to mitigate the associated risks. By providing a direct focus on solid waste management of vehicles, the project aims to have a net positive effect on the environment by reduction of derelict dumped vehicles. [1] World Health Organization (WHO) (2018): Concentrations of fine particulate matter (PM2.5). URL: https://www.who.int/data/gho/data/indicators/indicator-details/GHO/concentrations-of-fine-particulate-matter-(pm2-5) [2] WHO (2005): WHO Air quality guidelines for particulate matter, ozone, nitrogen dioxide and sulphur dioxide, p. 9. URL: https://apps.who.int/iris/bitstream/handle/10665/69477/WHO_SDE_PHE_OEH_06.02_eng.pdf;jsessionid=3252302599942E092D270818EDBB969F?sequence=1 [3] Piqueras, P.; Vizenor, A. (2016): The rapidly growing death toll attributed to air pollution: A global responsibility, p. 1. URL: https://sustainabledevelopment.un.org/content/documents/1008357_Piqueras_The%20rapidly%20growing%20death%20toll%20attributed%20to%20air%20pollution-A%20global%20responsibility.pdf [4] Statista (2019): Number of deaths attributable to ambient air pollution in Grenada between 2000 and 2017. URL: https://www.statista.com/statistics/868828/number-deaths-ambient-air-pollution-grenada/ [5] NREL (2015): Energy Transition Initiative, Island Energy Snapshot - Grenada, p. 1 Global Environment Facility UNEP Ministry of Finance, Planning, Economic Development and Physical Development CEO Approval Date Actual Implementation Start Date Expected Completion Date ' Grenada +![cdata[Electric mobility infrastructures]]+ 350305.67 350305.67 350305.67 103000 UNEP Ministry of Finance, Planning, Economic Development and Physical Development 31102 UNEP Ministry of Finance, Planning, Economic Development and Physical Development 1050917 GEF XI-BRIDGE-6385676864-10980 Global Environment Facility To effectively address land degradation in Carriacou, through demonstration and application of ecosystems-based landscape restoration, sustainable land management and good agricultural practices, using community participatory approaches that expands diversification and sustainability of livelihoods options. Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.The project will target small-holder farmers in target countries in the Caribbean. In particular, it will support the expansion of climate-resilient agriculture to include the increase of the production of targeted organic inputs and greenhouse production, including the introduction of resilient crop systems to potential climatic shocks through the adoption of increasing access to new, stress-tolerant crop varieties and/or more nutritious staple crop foods. The project is expected to increase agricultural yield, reduce soil erosion, enhance water quality and quantity, and improve the income and food security of at least 1,500 beneficiaries. At the national level, the project will benefit competent national organizations for the promotion of women’s rights. The Grenada National Organization of Women (GNOW) will sit on the Project Steering Committee. This organization will ensure that the Executing Agency works with communities and organizations, as may be necessary, to ensure gender equity in participation of women in project activities and to help ensure that the socioeconomic benefits resulting from project activities under Components 1 and 2 impact equally on the lives of woman. Similarly, representatives of the Caribbean Association for Youth Development (CAYD) will perform similar functions to ensure the projects benefit them by providing training, inputs and ensuring that extension services provide adequate backstopping. The project will also benefit the Carriacou Farmers Association (CFA) who will participate by providing inputs on sustainable agricultural approaches that could be promoted by the project, and on the best delivery mechanisms for those approaches. Significant capacity building will be provided to farmers' organizations to ensure that they improve their production practices while protecting the environment and becoming more resilient to climate change. Finally, the proposed project will support national efforts to build-back better after continuous climate induced disasters and the COVID-19 pandemic by (i) investing in better preparedness including improving climate risk assessment and land suitability assessments which will in turn support better decision-making by planners and target farmers, (ii) by investing in the restoration of land and natural resources in order to increase resilience, (iii) by investing in improving the soil monitoring and assessment capacity in the region, which will in turn support better investments in the field; (iv) by exploring financing mechanisms and resource mobilization strategies that will support the implementation of climate resilient and productivity enhancing activities; and finally (v) the project will play a key role in enabling the participating countries to build back better in the post COVID-19 pandemic era through the creation of green jobs and strengthening sustainable food security. Global Environment Facility UNEP Partnership Initiative for Sustainable Land Management (PISLM) in Caribbean Small Island Developing States (CSIDS) CEO Approval Date Actual Implementation Start Date Expected Completion Date ' Grenada 287747.33 287747.33 287747.33 536121 UNEP Partnership Initiative for Sustainable Land Management (PISLM) in Caribbean Small Island Developing States (CSIDS) 863242 GEF XI-BRIDGE-6385676864-11358 Global Environment Facility To reduce marine hypoxia in Grenada through improved management of nutrient and organic pollution from land-based resources through an integrated approach that combines regulation, awareness raising, stakeholder collaboration, and implementing nature-based solutions, all within the framework of the Sustainable Blue Economy. Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency. 1. The project is expected to deliver significant socio-economic benefits, enhancing human well-being and resilience in Grenada. By addressing waste and wastewater management, the project will directly contribute to climate security by reducing pollution that exacerbates marine hypoxia and supporting nature-based solutions that strengthen coastal resilience to climate impacts such as storms and sea-level rise. 2. Through improvements in water security, the project will protect critical water resources from contamination, ensuring cleaner and safer access for both human consumption and agricultural use. This is particularly vital in a Small Island Developing State like Grenada, where water resources are limited and vulnerable to climate variability. 3. The project will also enhance food security by safeguarding marine ecosystems that support fisheries, a critical source of nutrition and income for local communities. By mitigating marine hypoxia and promoting sustainable waste management practices, the project will ensure the health and productivity of marine biodiversity, which underpins local livelihoods and food supplies. 4. In terms of health benefits, reducing exposure to polluted water and land-based waste will lower the prevalence of waterborne and pollution-related diseases, particularly in vulnerable populations. Furthermore, the project’s emphasis on sustainable practices will promote cleaner and healthier environments, contributing to improved public health outcomes. 5. The project will bolster the sustainability of livelihoods by creating economic opportunities in waste management, tourism, and agriculture. Capacity-building activities will empower communities and private sector actors with the skills and knowledge needed to adopt sustainable practices, enhancing their economic resilience and reducing vulnerabilities to environmental and economic shocks. 6. The project explicitly integrates Sustainable Blue Economy principles, which prioritize the sustainable use of ocean resources for economic growth, improved livelihoods, and job creation while preserving the health of marine and coastal ecosystems. This approach offers transformative socio-economic benefits by fostering industries such as sustainable fisheries, eco-tourism, and innovative waste management solutions, which create long-term economic value while protecting vital ecosystems. 7. A critical component of the project is fostering behavioral change at all levels, from communities to policymakers and private sector stakeholders. Through targeted awareness campaigns, education programs, and stakeholder engagement, the project aims to cultivate a culture of environmental responsibility. By encouraging the adoption of sustainable practices and reducing reliance on unsustainable waste management behaviors, the project will ensure lasting environmental and socio-economic benefits that extend beyond its lifecycle. 8. By fostering inclusive stakeholder engagement and incorporating gender-sensitive approaches, the project will promote equitable development, ensuring that benefits are shared across all segments of society. This comprehensive approach will reduce vulnerabilities while building long-term socio-economic resilience for Grenada’s communities.Global Environment Facility CI The Nature Conservancy CEO Endorsement Date Actual Implementation Start Date ' Grenada 5048777 GEF XI-BRIDGE-6385676864-11374 Global Environment Facility To drive transformative change in the Grenadian agricultural system by creating a diversified, competitive, and climate-resilient cocoa value chain, that fosters sustainable and inclusive growth and poverty reduction in the country Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency.Overarching Benefits. The ASPIRE Project aims to enhance the sustainability of Grenada's food system by fostering resilience among farmers and ecosystems through integrated cocoa agroforestry landscape approaches. This initiative promotes a diversified, competitive, and climate-resilient cocoa value chain, benefiting 8,000 individuals, including 40% women. By improving the management of 1,000 hectares, restoring 574 hectares, and sequestering -158,486 tCO2-eq. over 20 years, the project drives transformative change, addressing climate risks and advancing sustainable agricultural practices. The Economic and Financial Analysis (EFA) to assess its contribution to Project beneficiaries and society. The aim of the EFA is to compare the costs and benefits of the Project and assess its viability, both from the point of view of the beneficiaries (financial analysis) and from that of the economy (economic analysis). It also follows an incremental rationale to evaluate additional benefits and costs generated by the Project, in contrast with inaction. The project’s Theory of Change (ToC) informs the EFA methodology, addressing key challenges such as climate risks, governance of resources, and institutional capacity gaps to enhance resilience and sustainability in agrifood systems. The EFA focuses on the quantitative assessment of cost and benefits from investment models, which represent the main project activities and expected results. The EFA follows an incremental assessment of the investment models, comparing the with-project (WP) situation with the without-project (WOP) situation to determine the additional benefits, while considering the additional costs. The models analyzed generate positive financial benefits for Project beneficiaries, compared to the WOP situation. The improvements from the WOP to the WP relate mainly to increased efficiency and reduced losses in the context of climate change, as well as improved conditions for access to markets and capitalization. The restoration and conservation of ecosystem services is at the base of increased and sustained productivity. Sources of benefits considered in the economic analysis. The economic analysis integrates the flows of incremental economic benefits and costs for the total number of investment models implemented by the project. In line with the ToC, the project generates other relevant economic benefits beyond those directly quantified in the investment models. The enhanced management of natural resources in strategic watersheds of the country would result in a sustainable provision of key ecosystem services. The quantitative assessment incorporates four sources of economic valuations for ecosystem services linked to project investments. I) Agritourism and Biodiversity: At least one-third of beneficiaries can leverage agroforestry landscapes for agritourism opportunities, preserving biodiversity and generating income. II) Disaster Risk Reduction: Investments mitigate damages from extreme events like hurricanes and droughts for direct and indirect beneficiaries. III) EU Regulation Compliance: The project ensures agricultural exports meet the European Union’s Deforestation-Free Products Regulation, safeguarding market access and avoiding economic losses. III) Climate Change Mitigation: Project activities result in a net reduction of 158,480 tCO2e over 20 years. The economic valuation of GHG mitigation follows World Bank methodologies, yielding higher NPVs under both low and high carbon price scenarios. Other benefits and co-benefits. Other important benefits relate to climate change adaptation at landscape level, like water regulation, erosion control, pollination, pest and disease control, are not captured at full extent in the targeted watersheds due to limited information. The project includes actions to improve the assessment and knowledge of these benefits. Other economic co-benefit at macro level, such as employment generation (direct, indirect and induced) and overall contribution to food and nutrition security, are not included in the quantitative analysis given the lack of detailed information. However, these are relevant contributions to sustainable development goals and would be considered for impact evaluation at project completion. The analysis shows that the project is an economically viable investment for society. The project is economically viable, with incremental NPVs of $14.59 million at a 6% social discount rate in the baseline scenario – without including climate change mitigation benefits – over a period of 20 years. When accounting for the projected net reduction of greenhouse gas emissions, the IRR rises to 25%, with an NPV of $24.94 million using a high carbon price. Sensitivity analyses confirm the project’s robustness, demonstrating resilience to benefit reductions (up to 22%) and cost increases (up to 28%).Global Environment Facility IFAD MINISTRY OF ECONOMIC DEVELOPMENT, PLANNING, TOURISM, ICT, CREATIVE ECONOMY, AGRICULTURE AND LANDS, FISHERIES COOPERATIVES [Grenada] CEO Endorsement Date ' Grenada Carriaccou and Petite Martinique 12.476183 -61.446462 Saint Andrew 3 12.121699 -61.641495 Saint Andrew 4 12.146892 -61.611422 Saint Patrick 1 12.055747 -61.715675 Saint Patrick 2 12.177658 -61.619165 Saint Patrick 3 12.216215 -61.632466 Saint Patrick 4 12.203525 -61.621675 Saint Mark 1 12.188312 -61.697066 Saint Mark Parish 12.185961 -61.692860 Saint Patrick Parish 12.195692 -61.642735 Saint John Parish 12.137296 -61.718609 Saint George Parish 12.067136 -61.731656 Saint David Parish 12.042962 -61.681530 Saint Andrew Parish 12.125884 -61.655438 Saint Andrew 1 12.131942 -61.623428 Saint Andrew 2 12.134293 -61.612575 3519723 GEF