Climate funds work together to improve access and impact for developing countries
12 Nov 2026
At COP31, the multilateral climate funds and developing countries examined how closer collaboration can make climate finance simpler to access, more coherent and more responsive to developing countries’ priorities.
At the Multilateral Climate Funds: Working together for enhanced access and greater impact COP31 side event on 10 November 2026, country representatives and leaders from the Adaptation Fund, Climate Investment Funds (CIF), Fund for responding to Loss and Damage (FRLD), Global Environment Facility (GEF), and Green Climate Fund (GCF) discussed efforts to strengthen complementarity across the climate finance architecture, including more harmonised approaches to measuring results, country-led strategic programming, and new partnerships and arrangements across funds.
GCF Executive Director Mafalda Duarte underscored the catalytic role of multilateral climate funds in mobilising finance at scale and delivering climate impact.
Country representatives also called for faster and simpler access to finance, stronger alignment with national priorities, and greater coordination across mitigation, adaptation, and loss and damage.
For more details, read the full event summary from the IISD Earth Negotiations Bulletin.
Photo by IISD/ENB | Angeles Estrada Vigil
