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SAQMIP22GR0211

Project Grant

Overview

Grant Description
This award will assist African countries to access layered insurance coverage needed to successfully manage increasingly frequent and intense climate-related extreme weather events.
Awarding Agency
Place of Performance
Argentina
Geographic Scope
Foreign
Related Opportunity
None
Analysis Notes
Amendment Since initial award the total obligations have increased 818% from $1,467,000 to $13,467,000.
African De Developpement Bank Group was awarded Grant: African Climate Insurance Access Project Grant SAQMIP22GR0211 worth $13,467,000 from the Bureau of Oceans and International Environmental and Scientific Affairs in September 2022 with work to be completed primarily in Argentina. The grant has a duration of 1 year 6 months and was awarded through assistance program 19.017 Environmental and Scientific Partnerships and Programs.

Status
(Complete)

Last Modified 4/14/23

Period of Performance
9/30/22
Start Date
3/31/24
End Date
100% Complete

Funding Split
$13.5M
Federal Obligation
$0.0
Non-Federal Obligation
$13.5M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to SAQMIP22GR0211

Transaction History

Modifications to SAQMIP22GR0211

Additional Detail

Award ID FAIN
SAQMIP22GR0211
SAI Number
None
Award ID URI
SAIEXEMPT
Awardee Classifications
Other
Awarding Office
19AQMP OFFICE OF ACQUISITIONS MANAGEMENT, INTERNATIONAL PROGRAMS DIVISION
Funding Office
19X0ES BUREAU OF OCEANS INTL ENVIRONMEN
Awardee UEI
XHN4FJTD97S6
Awardee CAGE
SUY68
Performance District
Not Applicable

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Economic Support Fund, Funds Appropriated to the President (072-1037) International security assistance Grants, subsidies, and contributions (41.0) $12,000,000 89%
Development Assistance, Agency for International Development, Funds Appropriated to the President (072-1021) International development and humanitarian assistance Grants, subsidies, and contributions (41.0) $1,467,000 11%
Modified: 4/14/23