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  • Basin Approach for Livelihood Sustainability through Adaptation Strategies (BALSAS)

Basin Approach for Livelihood Sustainability through Adaptation Strategies (BALSAS)

Geography
Approval FY
2024
Fund
Green Climate Fund
Fund Spend
$39,500,000
Co-Financing
$51,453,000

Documents

Summary

The Balsas Basin in Mexico is one of the country's most marginalised areas, making it highly vulnerable to climate change. Increasingly erratic rainfall and extended dry seasons are reducing agricultural productivity and degrading natural resources, leading to more frequent flooding, crop damage, and droughts, which further decrease crop yields. Despite considerable efforts by the government, including a strong tradition of payments for ecosystem services (PES) schemes, addressing these climate impacts remains challenging due to financial and institutional constraints. Integrating climate vulnerability systematically into territorial plans remains a key opportunity for improvement. To address these challenges and take advantage of identified opportunities, this project will transform rural development incentives by emphasising the conservation of forest resources and strengthening of local institutions and capacities. Additionally, it will prioritise bottom-up decision-making and value chain development to ensure social inclusion and empower women, youth, and indigenous peoples. This approach to climate-resilient production and sustainable land use will improve the livelihood resilience of the most vulnerable rural communities while conserving ecosystems in the Balsas Basin.

About this project

Approval FY
2024
Fund
Green Climate Fund
Fund Spend
$39,500,000
Co-Financing
$51,453,000
Status
Under Implementation
Theme
Cross-cutting
Implementing Agency
International Fund for Agricultural Development
Sector
Public
Result Area
Ecosystems and ecosystem services, Forest and land use, Health, food, and water security, Livelihoods of people and communities
Type
Project
Topics
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Climate finance

Note

Green Climate Fund Projects

Project information is sourced from Green Climate Fund. Please check terms of use for citation and licensing of third party data.