GCF's Governing Instrument enables the Fund to accept contributions from developed countries party to the UN Framework Convention on Climate Change (UNFCCC) as well as public, non-public, and alternative sources. Such sources include, among others, countries not party to the UNFCCC, entities, and foundations. Contributions from parties to the UNFCCC and other sovereign entities may be made in the form of grants, capital or loans. They may be made in any convertible currency – in cash or, by agreement, via promissory note – and there is no limit to the amount a contributor may contribute.
The 24th meeting of the GCF Board approved the updated Policy for Contributions for the first replenishment (GCF-1), which will secure financing for the 4-year programming period from 2020 to 2023. The Fund will receive contributions from both existing and new contributors on an ongoing basis.
The current mechanism of grant, loan, and capital contributions to the Green Climate Fund exists via contribution agreements or arrangements between GCF, the interim trustee (which holds the funds in trust), and contributors. This type of agreement/arrangement is the most practical and appropriate means to accept contributions, and establishes a commitment by contributors to make a contribution to the Fund. They can also be used to accept contributions from contributors not involved in Initial Resource Mobilization (IRM) discussions or endorsement of an associated formal resolution.
GCF has contribution agreements and arrangements with the states and cities below, which can be downloaded from this page.
GCF Resource Mobilization
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