Rolling Out Readiness Support
Eighty-seven countries have requested preparatory support, or readiness funding, to enhance and build their capacity to access GCF resources, with an additional 20 countries expected to submit a request by the time the UN Climate Change Conference opens on 30 November. USD 4.6 million has already been committed to the NDAs or focal points of 17 countries. In addition, readiness support has been allocated to seven national or regional entities seeking accreditation. The Fund is also working on several pilot programmes with a total budget of USD 900 million to enhance direct access to countries, support small- and medium-sized enterprises, and mobilize funding at scale from the private sector.