Project

Sindh Coastal Resilience Project (SCRP)

Sector

Credit and Financial services

Financing chart
Financing Gap (USD)
40,000,000
Target group
150,000
Households
Project target area

Badin, Sujawal and Thatta

 
Summary
The SCRP goal is to reduce poverty and malnutrition and improve climate resilience among rural poor households, incorporating a gender-sensitive, youth-focused, nutrition-sensitive and climate change-responsive approach. Project Development Objective (PDO)is to promote inclusive and resilient livelihoods for target farming and fishing communities and disadvantaged groups. Project target groups include smallholder farmers (up to 16 acres of land), tenants and sharecroppers working on large land holdings, resource poor fisherfolk and landless poor daily wage earners.
Components and Objectives
The project consists of four main components:
(1) Transformation of Coastal and Rural Incomes: Organized coastal and rural communities will be assisted to develop capacities for market oriented, climate resilient improved agriculture and fisheries production systems through strategic investments in training, infrastructure and provision of affordable finance;
(2) Economic and Social Inclusion of Disadvantaged Groups: Provision of skills, enterprise development support and productive assets to ultra-poor households, in particular young men and women;
(3) Project Management: Establishment of an efficient project management structure including a Project Steering Committee, Project Management Unit and 3 District Coordination Units; policy review and reform assistance on key areas of economic and social aspects affecting smallholder agriculture; and
(4) a Recovery from Climatic Calamities (RED component), triggered in case the Government of Sindh declares the project area (in total or part) affected by a climatic calamity.
Financing

Total project cost

163,544,000

IFAD financing
 

36.7 %
60,000,000
60,000,000
IFAD

International cofinancing

0.0 %
0

National cofinancing

38.9 %
63,544,000
2,756,000
Beneficiaries
925,000
Private Sector Domestic
6,731,000
Local Government
53,132,000
Domestic Financing Institutions

Financing
gap

24.5 %
40,000,000

Approval date

Approved on September 18, 2024

Expected duration

2024 –
2050

Lending terms

Blend

Income level

Lower-middle Income

Replenishment cycle

IFAD 12

Implementing agency

Project Coordination Unit housed in Sindh Coastal Development Authority (SCDA)

Contact information

Country Director: 
Fernanda 
Thomaz da Rocha 
Email: f.thomazdarocha@ifad.org