GCF is a unique global platform to respond to climate change by investing in low-emission and climate-resilient development. GCF was established by 194 governments to limit or reduce greenhouse gas (GHG) emissions in developing countries, and to help vulnerable societies adapt to the unavoidable impacts of climate change. Given the urgency and seriousness of this challenge, GCF is mandated to make an ambitious contribution to the united global response to climate change.
04 Dec 2020 / As part of the Green Climate Fund’s (GCF) efforts to bolster countries' institutional capacities and sustain climate action projects in the era of COVID-19, GCF recently organised a Technical Programming Webinar for National Designated Authorities and Direct Access Entities from Asia. The interactive webinar featured plenary presentations, breakout sessions, peer to peer knowledge sharing and polling, and covered a range of topics including the latest programming updates such as the PPF guidelines, Multi-Year Strategic Readiness, and Climate Resilient Readiness. Representatives from the Government of Afghanistan and Infrastructure Development Company Limited (IDCOL) also had the opportunity to share their experiences about GCF's programming. Watch the webinar here.
25 Nov 2020 / GCF has signed an implementation agreement with German development bank KfW for GCF’s first “blue economy” project in the Western Indian Ocean targeting four African countries. This ecosystem-based adaptation project is financing the Blue Action Fund. The non-profit fund empowers local NGOs to help coastal communities use ocean resources sustainably in Tanzania, Madagascar, South Africa and Mozambique.
24 Nov 2020 / The Fourth Annual Dialogue with Climate Finance Delivery channels brought together the heads of the Green Climate Fund, the Adaptation Fund, the Global Environment Facility and the Climate Investment Funds in a virtual meeting facilitated by GCF Executive Director, Yannick Glemarec. The heads of the climate finance funds discussed the need for financial support to developing countries in order to develop robust fiscal and economic recovery plans from the COVID-19 pandemic and create sustainable and quality jobs. The Dialogue highlighted the importance of collaboration between climate finance funds to deliver stronger climate action in developing countries. The joint report between GCF and the Climate Investment Funds (CIF), “Synergies between climate finance mechanisms”, can be found here.
The GCF Programming Manual provides an overview of the GCF project/programme approval process.Read more
This brief provides an overview of GCF's progress during its initial resource mobilization period.Read more