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.
05 Apr 2023 / GCF leadership met with ambassadors and representatives of its partner countries in the Republic of Korea as part of the 4th meeting of the ‘Group of Friends of GCF’. Representatives of 36 countries engaged in networking and discussed the latest climate change developments and the Fund’s vital work. It was also an opportunity to bid farewell to the GCF Executive Director, Yannick Glemarec who completed his term on 2 April 2023.
04 Apr 2023 / As part of updates to GCF’s Accreditation Framework, GCF is introducing, on a pilot basis, the Project-specific Assessment Approach (PSAA). This complementary approach to GCF’s existing institutional accreditation process combines assessments for accreditation and proposal approval processes and will be a way of engaging partners on a single project or programme.
31 Mar 2023 / The GCF-1 Progress Report provides an overview on progress made in the first replenishment period (GCF-1) with a focus on 2022. GCF-1 saw significant growth in the GCF portfolio with more than 200 projects and over USD 12 billion in GCF resources at the time of publication. It also saw the continued growth and maturation of GCF with increased operational and institutional capacity. GCF-1 saw the evolution of GCF from a funding channeler to a climate finance catalyser.
The window to address the climate crisis is rapidly shrinking.
Read moreThe GCF Programming Manual provides an overview of the GCF project/programme approval process.
Read moreThe GCF Appraisal Guidance sets out the due diligence processes that are employed in the preparation of Concept Notes and Funding Proposals for pre
Read moreAnnual Results Report 2021: Promoting low emission, climate-resilient recovery and maintaining climate ambitions during the pandemic.
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