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

17 Sep 2020

Green Climate Fund exceeds USD 10 billion replenishment mark

Press release

25 Nov 2020

International day for the Elimination of Violence Against Women

Press release

09 Nov 2020

A tribute to Leo Paat Jr.

Recent activities

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.

Fourth Annual Dialogue with Climate Finance Delivery Channels

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.

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.

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