Updated policy for contributions to the Green Climate Fund for the second replenishment

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Updated policy for contributions to the Green Climate Fund for the second replenishment

Effective between 1 January 2024 and 31 December 2027. Adopted by decision B.36/14; applicable to GCF-2. Defines the resource mobilization approach for the second replenishment period including the sources of funds, types of contributions, conditions, commitment authority, and risk mitigation measures.

Cover date 13 July 2023
Document type Policies, strategies, and guidelines
Theme Resource mobilisation
Table of contents

  1. Resource mobilization approach for the second replenishment

  2. Sources of funds

  3. Types of contributions

  4. Conditions applicable to all types of contributions

  5. Conditions for grant and capital contributions

  6. Conditions for loan contributions

  7. Commitment authority

  8. Liquidity risk management

  9. Managing risk of non-payment of contributions

  10. Foreign exchange risk management