GCF publishes first funding proposals for Board consideration

GCF published today its first set of funding proposals that will be reviewed by the Fund’s Board on the occasion of its eleventh meeting next month.

  • Article type Press release
  • Publication date 16 Oct 2015

The Green Climate Fund published today its first set of funding proposals that will be reviewed by the Fund’s Board on the occasion of its eleventh meeting in Livingstone, Zambia, next month.

The fact sheet below presents an overview of GCF’s early portfolio development. Since July 2015, the Fund received a total of 37 initial funding proposals for projects and programmes from public and private sector entities, eight of which have been submitted to the GCF Board for its consideration.

The proposals cover a range of funding themes, including water access, disaster risk management, land-use management, energy efficiency, and small-scale renewables. They come from various types of entities, including those at the national, regional, and international levels. Three proposals were submitted by direct access entities and five through international access entities. More than 80 per cent of the projects are located in LDCs, SIDS, and African countries.