United Nations Environment Programme

International

Type: International
Date approved: 07 Jul 2015
Size: Medium
ESS Category: Category B
Fiduciary standards: Basic, Project management, Grant award

The United Nations Environment Programme (UNEP) is an international entity whose mandate is to promote sustainable development and prudent use of the global environment. It assists many countries to achieve resilient, low-emission pathways through its flagship programmes in adaptation, forestry, energy efficiency and transition to sustainable development. Its key activities include promoting investment in clean technologies in order to reduce emissions, protecting biodiversity and ecosystems, alleviating poverty, and ecosystem-based adaptation in order to reduce human vulnerability and strengthen resilience to the impacts of climate change. It works with the financial communities to mobilize financial resources for investments in low carbon and climate resilient development; developing climate finance readiness and capacity-building; and undertaking policy and research analysis. The climate change portfolio of UNEP has a total volume of over US$ 400 million. UNEP sought accreditation to the GCF in order to catalyse the use of ecosystem services to achieve a paradigm shift to resilient, green sustainable development by using its vast experience of providing green solutions in both climate change mitigation and adaptation.