The Green Climate Fund and World Wildlife Fund (WWF) formalised an agreement uniting the two organisations in efforts to develop and oversee large-scale climate adaptation and mitigation projects across the globe.
“As an Implementing Partner of the Green Climate Fund, WWF is pleased to help countries bring forward projects to GCF that will help them meet their climate action priorities,” said David McCauley, WWF senior vice president for policy and government affairs while signing the Accreditation Master Agreement (AMA) on the sidelines of COP 23 in Bonn.
“We know that developing nations need more financial support to accelerate the implementation of their Nationally Determined Commitments (NFCs) under the Paris Agreement. WWF can catalyse the types of coalitions needed to meet this challenge — especially through forest carbon conservation and capitalising on the climate resiliency benefits of healthy ecosystems such as watersheds, wetlands and coral reefs,” McCauley explained.
Pa Ousman Jarju, Director of GCF’s Country Programming Division, said GCF will benefit tremendously from WWF’s global reach. “We look forward to receiving bold ideas from WWF for climate financing, especially those focused on creating healthy ecosystems,” he said.