📋 Tender Overview
Project Summary
Approval Date 12 Dec 2023
Planned Completion Date 31 Dec 2027
Last Disbursement Planned Date 31 Dec 2027
Sovereign / Non-Sovereign Sovereign
Sector Agriculture and Rural Development
DAC Sector Code 31110
Environmental Category: 2 Climate Safeguards Categorization: 2
Fragility Lens Assessment: Yes Gender Marker System Categorization: GEN II
Commitment U.A 7,500,000
Status Approved
Project General Description
This project is related to Co-Management of Climate Extremes for Agriculture and Fisheries Resilience (PRIASA III). It aims to promote agriculture and fisheries value chain development and the adoption of climate resilient technologies, ultimately contributing to their resilience to droughts, floods, and water depletion. There is a need to increase agriculture sector productivity to meet food security and increase imports. The Project will also enable the Bank to support the Government of STP in implementing and promoting blue economy (BE) strategic investments and regional integration initiatives to make the BE sectors more vibrant and efficient. The project adopts an integrated approach for the agricultural and fishery sectors, which will promote value chain focusing on innovative technology and practices. In parallel, the project will strengthen local capacities and governance structures to create enabling environment and scaled-up opportunities. The project will consist of the following three components: Component 1: Strengthen agriculture and fisheries value chains and market linkages to enhance resilience and socioeconomic benefits. Component 2: Reduce vulnerability and strengthen climate resilience of agricultural and fisheries value chains production and livelihoods by adopting innovative technologies and capacity building and, Component 3: Project Management to foster enabling conditions for effective and integrated climate change adaptation in the agricultural and Fisheries.
Project Objectives
The project's overall objective is to promote agriculture and fisheries value chain development with innovative technologies and co-management of drought, flood, and water depletion to increase the resilience of the farming systems in São Tomé.
Beneficiaries
The project will benefit people across São Tomé & Principe from the national-level activities, working on fishery governance mechanisms, policy frameworks, and capacity building at the national level. The beneficiary communities targeted by the project are those of STP, representing almost 60,000, including approximately 7,500 on the island of Principe. More directly, the project will affect close to 7,000 farmers and 1,000 fishermen and wholesale fish vendors (40% women) who will benefit from suitable infrastructure, capacity building and increased incomes. Over 200 employees from technical and administrative services, one third of whom are women, will also benefit from targeted technical training so that they can acquire the knowledge cru
