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

09 Jun 2020

Where do we stand with NDCs? Enhancing action on climate change in 2020

Press release

08 Jun 2020

Bolstering the resilience of poor, climate-vulnerable communities

Press release

05 Jun 2020

World Environment Day message from the GCF Executive Director: Nature-based solutions for resilient recovery

Recent activities

New e-course on developing GCF SAP funding proposal now available

04 Sep 2020 / The Green Climate Fund (GCF) launched a new e-learning course providing detailed information on the key elements required to develop a SAP funding proposal. The online course ‘Developing GCF funding proposal for the Simplified Approval Process (SAP)’ is an important resource to help participants develop a robust proposal and offers explanations from GCF experts on topics such as theory of change, environmental and social risk requirements, and financing tools. The course was first released in English in December 2019 and is now also available in French and Spanish.

Afghanistan advances GCF country programming

01 Sep 2020 / The Green Climate Fund (GCF) and the Government of Afghanistan completed two virtual technical discussions, making significant progress in the country's programming exercise. GCF provided valuable guidance to the country's National Designated Authority, the National Environmental Protection Agency, and ministries on developing strategic climate project pre-concept notes. The 12 pre-concept notes reviewed ranged from solar panel rooftops to irrigation infrastructure projects. An upcoming high-level dialogue between GCF and the Government of Afghanistan will further discuss the country’s climate action roadmap and engagement with GCF’s programming cycle.

Green Climate Fund strengthens ties with Italian partner for future climate action

10 Aug 2020 / The Green Climate Fund (GCF) and Cassa Depositi e Prestiti S.p.A. (CDP), an Italian public and private sector entity, took an important step forward this week towards jointly supporting low-carbon, climate-resilient societies in developing countries with the signing of an Accreditation Master Agreement (AMA). The agreement provides the foundation for future collaboration on transformative climate finance initiatives between GCF and CDP, which became a GCF Accredited Entity (AE), or project partner, in 2019. The AMA is a prerequisite for GCF to approve country-driven mitigation and adaptation projects proposed by AEs in partnership with developing countries.

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