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You are here: Home Project Climate Change Adaptation Project (CCAP) MDG-F 1656 joint programme on climate change adaptation: Outcome 3.4 climate resilient farming communities in Agusan del Norte through innovative risk transfer mechanisms

MDG-F 1656 joint programme on climate change adaptation: Outcome 3.4 climate resilient farming communities in Agusan del Norte through innovative risk transfer mechanisms

The ILO Green Jobs program in Asia & the Pacific is working with constituents, the financial industry and the local communities in disaster prone areas to develop new ways of increasing socio-economic resilience to climate change. The Climate Change Adaptation Project (CCAP) in The Philippines has developed and applied a local financing and risk insurance model to rice and corn farmers in vulnerable areas.

The CCAP approach, in essence, bundles and rolls out critical financial and non-financial services in an Integrated Financial Package (IFP) to farmers who are made more vulnerable to climate-related risks by their poverty and lack of access to financial and productive resources. The CCAP in The Philippines as a pilot was successfully completed in 2010.

The Global Environment Facility (GEF) Secretariat has now approved a proposal for up scaling this first experience in Southern Philippines. Under the new proposal ILO Green Jobs will implement the project in collaboration with UNDP as the designated GEF Implementing Agency. The project will leverage additional resources from central government agencies, local governments, training service providers, financial service providers, non-governmental organizations and farmers associations. This will enable further investments to help farming communities in this area escape from the “poverty trap” towards a pathway out of poverty.

The feasibility of adapting this innovative approach targeting the vulnerable populations in disaster prone areas is under study in some other countries in the region as well, including Southern Asia.

See additional information on CO-Manila and ILO websites (please, click here and/or here)

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Status: Completed

Period: December 2008-November 2011

Donor: Government of Spain through MDG Achievement Fund

Country: Philippines