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.

GCF at a glance

No. of Projects

 

Anticipated tonnes of CO2 equivalent avoided

 

Anticipated number of people with increased resilience

 

Total GCF financing committed (USD)

 

Projects under implementation (USD)

Latest updates

Press release

25 Nov 2020

International day for the Elimination of Violence Against Women

Press release

15 Oct 2020

Global leaders highlight need to invest for COVID-climate recovery

Press release

17 Sep 2020

Green Climate Fund exceeds USD 10 billion replenishment mark

Recent activities

Testing phase launched for GCF’s Portfolio Performance Management System – a step forward in digitalising GCF

20 Jan 2021 / The Green Climate Fund's (GCF) Office of Portfolio Management launched the User Acceptance Test for its Portfolio Performance Management System (PPMS). A handful of Accredited Entities (AEs) from multiple regions are taking part in this testing phase, with an expectation that the PPMS will launch in February 2021. The PPMS is a centralised portfolio management system, which aims to increase the efficiency of monitoring and managing performance and risks in GCF projects. The digitalisation of programmatic systems will help GCF and AEs collaborate and report on climate results.

GCF Programming webinar for Asia advances interactive knowledge sharing despite COVID-19 limitations

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.

GCF and KfW join forces to help African coastal communities

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.

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