GCF accelerates delivery for seven newly approved climate projects

Following the approval of 10 new funding proposals at B.45, the Green Climate Fund (GCF) and its Accredited Entity partners signed Funded Activity Agreements (FAAs) for seven projects at a signing ceremony on 2 July. 

The ceremony also included the signing of a Readiness Financing Agreement for the Center for Implementation of Investment Projects (CIIP) in Tajikistan, marking the first Readiness Programme support approved for a Direct Access Entity (DAE) in Central Asia.

Of the seven projects, one became effective immediately, enabling implementation to move forward without delay. The rapid progression from Board approval to agreement signing reflects GCF’s ongoing efforts to accelerate climate finance delivery and strengthen partnerships with Accredited Entities, national designated authorities, and country partners. 

The signings took place immediately after B.45, where the Board approved 10 funding proposals. The seven new projects expand GCF’s programming across Africa, Asia, the Pacific, Central Asia and the Middle East, supporting climate-resilient livelihoods, water security, health systems, forest restoration, climate-smart agriculture, and locally led adaptation. They include the first GCF-funded project in Syria, the first dedicated health and climate project in Togo, and the first project led by a Direct Access Entity in Indonesia.

The signing ceremony also highlighted growing momentum behind direct access and country ownership. All three Simplified Approval Process proposals approved at B.45 were represented at the event, while the Readiness Financing Agreement with CIIP will help the entity maintain GCF accreditation standards, improve access to climate finance for national climate priorities, and promote knowledge-sharing with other DAEs in Central Asia.

The seven projects are:

• SAP070: Building Flood Resilient Community through Adaptive Livelihood and Runoff Management in Petanglong Area of Central Java Province, Indonesia (BRAVE) with Kemitraan bagi Pembaruan Tata Pemerintahan (The Partnership for Governance Reform) (Kemitraan). The project supports flood-prone communities in Central Java by strengthening watershed management and climate-resilient livelihoods and is both Kemitraan’s first GCF project and the first DAE project in Indonesia.
• SAP071: Building Climate Resilience of Forest Dependent Communities through Enhanced Livelihood Opportunities and Local Capacity in Karnali Province, Nepal with the National Trust for Nature Conservation (NTNC). The project supports forest-dependent communities through ecosystem restoration, climate-resilient livelihoods, and local adaptation planning, and is NTNC’s first GCF project.
• SAP072: WATER-RES – Enhancing the ability to address the risks of water scarcity in areas most affected by climate change and water shortage in Syria with ACTED. The project is GCF’s first funded project in Syria and will strengthen water resource management systems to build climate resilience among vulnerable communities.
• FP304: Enhancing Sustainable Land Management and Climate-Resilient Agri-Food Systems in Côte d’Ivoire (LARACI) with the Consortium of International Agricultural Research Centres (CGIAR). CGIAR’s first GCF project will support Côte d’Ivoire’s Climate-Smart Agriculture Investment Plan and strengthen climate-resilient agrifood systems across rice, cassava, and yam value chains.
• FP305: Building the resilience of Togo’s national health system and vulnerable communities to climate-sensitive health outcomes with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The project is Togo’s first dedicated health and climate project and will improve integrated climate and health services.
• FP306: Forest Landscape Restoration for Climate Benefits and Resilience (Fiji FLR) with the Food and Agriculture Organization of the United Nations (FAO). The project is GCF’s first Ridge to Reef approach project in the Pacific and will integrate land, water, and coastal ecosystem management.
• FP308: Improving climate resilience of vulnerable communities and enabling conditions for local climate action in Tajikistan with the World Food Programme (WFP). The project will scale climate-informed planning, resilient livelihoods, and improved climate information services in Tajikistan.

The signing ceremony underscores GCF’s continued focus on accelerating the delivery of climate finance so that approved projects can move more quickly towards implementation and impact on the ground.