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The Fund is a unique global platform to respond to climate change by investing in low-emission and climate-resilient development. GCF was established to limit or reduce greenhouse gas (GHG) emissions in developing countries, and to help vulnerable societies adapt to the unavoidable impacts of climate change. Given the urgency and seriousness of this challenge, the Fund is mandated to make an ambitious contribution to the united global response to climate change.

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GCF at a Glance GCF at a Glance

GCF at a Glance

Anticipated tonnes of CO2 equivalent avoided  
Anticipated number of people with increased resilience  
Total GCF financing committed (USD)  
Projects under implementation (USD)

Latest <strong>Updates</strong> Latest <strong>Updates</strong>

Latest Updates

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Recent Activity

GCF deepens country engagement with Tonga

A series of strategic engagements with Tonga was held recent by GCF, including high-level government meetings, stakeholder workshops, meetings with Accredited Entities and field visits to potential projects. These engagements were meant to help strengthen alignment of Tonga’s existing country programme, discuss project pipeline and readiness priorities, and support the development of an integrated project pipeline in alignment with the draft GCF climate resilient infrastructure sector guidance. Tonga has been selected as a strategy mission country after the successful completion of its country programme and project pipeline.

Climate-resilient infrastructure consultation held to improve sector guidance

GCF held a consultation on its approach to climate-resilient infrastructure in Basel, Switzerland on 28 October. The consultation was held to inform stakeholders of and receive feedback on the sector guidance on climate-resilient infrastructure, ensuring that the approach is aligned with the market and that GCF invests in activities with the most impact. It also initiated partnerships for cooperation to promote climate-resilient solutions.

GCF signs integrity agreement with Attijariwafa Bank

Agreeing to cooperate and consult on integrity matters, the Independent Integrity Unit (IIU) of GCF signed a Memorandum of Understanding (MoU) with Attijariwafa Bank. The MoU covers information-sharing, joint investigations and collaborations, as well as capacity-building support with the Bank's Compliance Office. The MoU will complement Attijariwafa Bank's Accreditation Master Agreement (AMA), which is currently under negotiation. IIU is continuously working on its goal of establishing similar agreements with counterpart offices of all Accredited Entities as a means of ensuring the safeguarding of GCF resources.

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