GCF.10

10 years of climate impact

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Raising Ambition, Empowering Action

In November 2015, the Green Climate Fund (GCF) approved USD 6.2 million for its first project in Peru’s Amazon basin. Since then, GCF’s portfolio has grown to USD 19.3 billion, with more than 300 projects in over 130 countries. GCF.10 looks back on GCF’s journey and impact as the world’s climate fund for developing countries and reinforces GCF’s commitment to even more impact in a critical time of the climate crisis.

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Committed GCF funding to projects (USD)

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Developing countries with GCF-funded projects

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Anticipated lives impacted

*Aggregated estimates based on all approved projects in the portfolio.

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Anticipated CO₂ equivalent avoided

*Aggregated estimates based on all approved projects in the portfolio.

A decade of progress

0Countries
2015
0GCF financing
0Lives impacted*
0CO2 equivalent avoided*

*Anticipated figures based on aggregated estimates of all approved projects in the portfolio

As of October 2025
Currency: USD

The faces of GCF

This photo collection provides a glimpse into the communities and partners experiencing local climate action with GCF’s support.

Peru

Gunter Yandari, a Kandozi fisherman leader in the Peruvian Amazon, promotes sustainable fishing and wetland conservation. Through this GCF-backed project, solar panels now power an ice factory that purifies river water and produces ice for households and businesses. Photo: Profonanpe

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Bangladesh

Shilpi Khatun, a field facilitator for a community-led adaptation project, works closely with women at Climate Change Adaptation Groups (CCAG) in flood-prone char communities in Bangladesh. Women-led CCAGs ensure sustainability of climate solutions. Photo: GCF / Little Big Films

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Cook Islands

Samuel Nga, Principal Technician at the Cook Islands Meteorological Office, sets up a wave buoy to monitor wave height and storm intensity. The wave buoy is part of an early warning system in a GCF-funded project, expanding climate information use and access for authorities and communities. Photo: GCF / Flinch Marketing

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Bhutan

Mangmi Kinzang, a farmer in Phangyul, processes her rice harvest. She is one of 120,000 farmers who now have access to climate-resilient irrigation systems, established with GCF support. Photo: Little Big Films

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Ecuador

In Ushpa, Ecuador, Shuar leader and healer Martha Antuash Jempe sees her people’s identity as one with the Amazon. Because their culture depends on the forest, her family protects it while pursuing sustainable livelihoods with support from this Amazon conservation project. Photo: Formato Verde

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Madagascar

R. Prospere (right) briefs fellow forest patrollers as they inspect Ambositra Vondrozo forest corridor, Madagascar. They are part of a patrolling system in a project supported by GCF — uniting farmers, conservationists, and the national gendarmerie to monitor and protect forests. Photo: GCF / Little Big Films

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Kenya

Sistema.bio staff John Nyateng runs an electricity test on a biogas generator. With GCF’s catalytic investment through KawiSafi Ventures Fund, companies like Sistema.bio scale renewable energy access, cut emissions, and drive local economic growth. Photo: GCF / Little Big Films

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Mongolia

Entrepreneur Myagmarsuren sells solar panels to nomadic families without grid electricity access. Under this programme’s blended finance scheme, she overcame financing barriers to grow her business. MSMEs like hers enhance Mongolians' access to clean, renewable energy. Photo: GCF/Little Big Films

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Antigua and Barbuda

Firefighter Evette Henry shows the solar panels, water systems, and hurricane shutters that now protect her home— made possible through a financial scheme under a programme that strengthens building resilience and climate information systems. It also climate-proofs public and community buildings to withstand and recover from extreme events. Photo: GCF / Little Big Films

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Bosnia and Herzegovina

Slavica Filipović, Director of Foča’s Cultural Centre, operates a refurbished boiler. With support from this GCF-backed project, Bosnia and Herzegovina is modernising public buildings, installing low-emission retrofits. The project will cut emissions and improve energy efficiency for 360 buildings nationwide. Photo: GCF / Angeli Mendoza

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Stories From the frontlines

GCF’s investments are impacting local environments and communities around the world. See the progress made in completed projects and projects under implementation.

The voices of Datem del Marañón

GCF’s first project was approved in 2015; completed on 31 December 2024.

GCF is supporting Mongolia’s ambition to pursue a low-emission future

The first large-scale solar facility built with GCF financing; completed in 2019.

Climate-friendly farming preserves argan forests

The first GCF-backed project in Morocco, implemented by a local partner (direct access entity).

Protecting Malawi with climate information and early warning systems

GCF’s first project in Malawi, focused on Early Warning Systems.

Giving power to the people, minus the emissions

GCF’s first private sector project in Rwanda.

Amazon indigenous peoples hold key to forest’s future

The first GCF-backed project in Ecuador, focused on Indigenous Peoples; completed in 2023.

On the frontlines of climate change

GCF’s first community-based adaptation project in Vanuatu is also the largest of its kind on the island.

Cambodia's climate action game-changer

First GCF project in Cambodia, considered by the government to be the biggest climate project in the country.

Enhancing the climate resilience of remote char communities in Bangladesh

The first GCF project enhancing the resilience of remote communities living on ‘chars’, Bangladesh's river islands.

Fortifying coastal communities in Vietnam

GCF’s first project in Viet Nam, completed in 2024.

 

Looking ahead

Transforming for impact

Video edit: GCF / Brylle James Galang

While GCF has made many gains in the past decade, it has the potential to do so much more. Since 2023, GCF has been on an ambitious reform agenda to make the Fund more responsive to country needs and more focused on efficiency and impact.

This means rethinking how the Fund works and serves its partners. This has resulted in a restructured organisation and regionally focused model that brings GCF closer to countries. Operations are also being revamped to make it faster and easier for countries to access GCF financing.

Change is not easy, but it is essential for people and the planet. GCF is committed to doing things differently to serve countries better and help them respond to the urgent climate challenge.

As we didn’t have the money to do it on our own, I felt very good that they were going to raise the height of the house, build a goat shed and a latrine… during floods, I don’t have to face these hardships. Now life is good.

Asia Begum is a smallholder farmer in Bangladesh's flood-prone char lands, where climate change has made life more difficult. GCF’s support empowers local communities to adapt through raised homestead plinths, safe water, and resilient farming techniques.

 

GCF.10 Impact Report

Read the Overview