Algeria secures $43 million for Green Dam
By the AFREEQUE newsroom, based on Maghrebemergent
The Green Climate Fund is granting Algeria $43 million to revive the Green Dam, a $99.5 million project covering 454,138 hectares over seven years. The Algerian state will fund the remaining $56.5 million, while the FAO will oversee implementation, according to a statement from the organisation.
The Green Climate Fund (GCF) has approved a $43 million grant to revive Algeria’s Green Dam, according to the Food and Agriculture Organization of the United Nations (FAO). The project is valued at $99.5 million, of which $56.5 million will be funded by the Algerian state.
The programme will run for seven years and cover 454,138 hectares in six wilayas. It includes the restoration of more than 59,000 hectares of forests, rangelands, dunes and agricultural land, as well as direct support for 142,000 farmers, livestock breeders and pastoralists. The total number of beneficiaries is expected to exceed one million, according to the FAO.
The project also includes 190 solar kits and 240 hydroponic fodder production units, intended to feed more than 25,000 head of livestock year-round. It provides for access to finance for micro-enterprises, at least half of them led by women, and targets six value chains: prickly pear, olives, rosemary, wool, esparto grass and peppermint. Its stated climate objective is to avoid or sequester 540,355 tonnes of CO₂ equivalent.
The FAO will oversee the programme’s technical, financial and administrative aspects. Its representation in Algeria and the General Directorate of Forests will implement it jointly. The FAO describes the funding as Algeria’s first climate initiative supported by the GCF.
