Search
UNDP and GCF sign partnership agreement to invest in low-emission and climate resilient development
The United Nations Development Programme (UNDP) and the Green Climate Fund (GCF) have signed an Accreditation Master Agreement, ... basic terms and conditions to work together for the use of GCF resources. In March 2015, UNDP was one of the first ...
Article > Press release 
GCF and GIZ sign project agreement for sustainable forest management in Lao People’s Democratic Republic
The Green Climate Fund (GCF) and Deutsche Gesellschaft für Internationale ... (PDR) for a USD 79.3 million project (USD 35.2 million in GCF financing), to address a much-needed transition to the ... these areas as a priority in its National Adaptation Programme (NAP) and Nationally Determined Contribution ...
Article > News update 
GCF convenes Regional Dialogue and Direct Access Entities Workshop in Latin America to accelerate climate action
The Green Climate Fund (GCF) concluded a week of climate action in Santo Domingo, ... unique opportunity for regional stakeholders to engage with GCF experts, exchange experiences, and strengthen ... into climate impact and vulnerability assessments, the GCF Readiness Strategy 2024–2027 , the newly approved ...
Article > News update Dominican Republic (the) 
GCF can plug the adaptation finance gap say leaders at COP26 side lines dialogue
... Prime Minister Mia Mottley told a Green Climate Fund (GCF) forum during the international climate change meeting ... progress,” said Mottley, making keynote remarks to the GCF event. “The period of adaptation is now 12 to 15 years ... new climate finance solutions need to account for this. GCF hosted the leadership dialogue “Catalysing climate ...
Article > Press release 
GCF completes USD 20 million transfer to drive clean Mongolian energy sector
... 20 million funds transfer to a Mongolian bank. The bulk of GCF’s contribution, USD 19.5 million, will allow ... in eco-banking in 2009. At the end of last year, GCF designated XacBank as a direct access Accredited Entity, which propose and implement GCF-financed climate initiatives. “This disbursement marks ...
Article > Press release Mongolia 
Strengthening the technical and human capacities of the Gambian Agency for the Management of Public Works (GAMWORKS) to meet the GCF requirements
... that allows the Gambia to more easily engage with the GCF. GAMWORKS, as a public works agency with a general ... maturity of GAMWORKS against the elements required in the GCF checklist1 shows a number of gaps to address in order to meet the GCF requirements in terms of basic fiduciary criteria, ...
Document > Approved readiness proposal Gambia
Strengthening the technical and human capacities of the Gambian Agency for the Management of Public Works (GAMWORKS) to meet the GCF requirements
... that allows the Gambia to more easily engage with the GCF. GAMWORKS, as a public works agency with a general ... maturity of GAMWORKS against the elements required in the GCF checklist1 shows a number of gaps to address in order to meet the GCF requirements in terms of basic fiduciary criteria, ...
Document > Approved readiness proposal Gambia
GCF approves USD 686 million for climate action and decides to establish regional presence
The Green Climate Fund (GCF) at its Board meeting this week provided further ... USD 686.8 million (USD 1.5 billion with co-financing) in GCF investment for 11 projects in 42 countries that are ... also provided over USD 630 million through its Readiness Programme to build capacity and help countries develop ...
Article > Press release 
GCF in Brief: The Green Climate Fund: Realising the Climate Potential of Public Development Banks
... Summit from 9-11 November, this factsheet sets out how GCF is partnering with PDBs around the world to drive the ... transition that the world needs to reach its climate goals. GCF in Brief: The Green Climate Fund: Realising the Climate ...
Document > GCF in Brief
Glemarec highlights role of GCF in boosting adaptation action at Korea Global Adaptation Week
... Yannick Glemarec has committed the Green Climate Fund (GCF) to reinforcing its support for adaptation in developing ... at the opening of a major conference in Songdo, home of GCF. "Our shared experience with countries and partners has ... adaptation to climate change. For the week’s full programme, visit http://napexpo.org/2019/programme/ . Songdo ...
Article > Press release 
A milestone in climate action: GCF approves USD 1 billion of climate finance for developing countries
... 17 new climate projects in developing countries, increasing GCF’s portfolio to 270 projects valued at nearly USD 15 ... billion across 130 countries. Approved initiatives include GCF’s first country project in Albania, first-ever project ... in 130 developing countries. It has a readiness support programme that builds capacity and helps countries develop ...
Article > Press release 
GCF helps XacBank become first Mongolian bank to finance large-scale solar
... in a financing partnership with the Green Climate Fund (GCF). The 10MWh solar photovoltaic (PV) plant, completed at ... power plant in a little over half a year was buoyed by GCF’s ability to plug the financial risk gap for initial renewable investment. GCF alleviated the financial risk through a long-term, ...
Article > Press release Mongolia 
GCF and CRDB Bank Plc. sign agreement to boost access to climate adaptation technologies for agribusinesses in Tanzania
The Green Climate Fund (GCF) and CRDB Bank Plc. have signed an agreement for a ... Agriculture Climate Adaptation Technology Deployment Programme (TACATDP) . The FAA sets the legal groundwork for GCF to transfer its USD 100 million co-investment to CRDB in ...
Article > News update 
GCF Board approves nearly USD 600m in new climate projects after selecting Mafalda Duarte as new Executive Director
The thirty-fifth meeting of the Green Climate Fund (GCF) Board has ended with the approval of USD 587.7 million ... Duarte has been selected as the next Executive Director of GCF, with Henry Gonzalez, GCF Deputy Executive Director, ... as renewable energy and climate resilient infrastructure programmes spanning multiple countries. Project ...
Article > Press release 
Timor-Leste's first GCF-funded project: A step towards increased climate resilience
... July (B.23), the Board of the Green Climate Fund approved GCF’s first climate action project in Timor-Leste, FP109: ... Authority (NDA), and the United Nations Development Programme (UNDP), the project will climate-proof ... to the country’s climate change conference and to B.23, GCF and the Government of Timor-Leste have been working ...
Article > Press release Timor-Leste 
Board prepares to consider eight new public sector project proposals as GCF pipeline grows
... B.13 meeting which will take place from 28-30 June at GCF’s Headquarters in Songdo, Republic of Korea. In line ... in vulnerable areas. The proposals are taken from GCF’s pipeline, which has now reached 41 proposals ... would bring the Fund’s investment portfolio to a total GCF funding amount of USD 376 million, with a USD 943 ...
Article > Press release 
Increasing the Capacity of Bangladesh’s NDA and Direct Access Accredited Entities to Access GCF Resources
... and practice through harmonized training, 2) developing GCF standard projects (e.g., concept notes with a focus on ... above by removing the following barriers under the GCF Readiness Objectives: 1) Capacity Building, 4) Pipeline ... Development, and 5) Knowledge Sharing and Learning. The GCF resources under the proposed project will seek to ...
Document > Approved readiness proposal Bangladesh
Strengthening Iran’s access to GCF with national ownership, knowledge-based policies and sound technologies
... are to: Continue to strengthen coordination with GCF and other climate finance institutions; Establish Iran’s direct access to the GCF, assisting eligible national entity applicants in their ... project pipeline in tandem with national priorities and GCF standards and provide incubation/acceleration support to ...
Document > Approved readiness proposal Iran (Islamic Republic of)
GCF portfolio hits USD 20 billion for climate action, Board selects host countries for new regional offices
The 44th meeting of the Green Climate Fund (GCF) Board has approved USD 960.3 million in new climate ... climate action around the world. The new approvals raise GCF’s total portfolio past the USD 20 billion mark across 354 projects and programmes, reinforcing its position as the world’s ...
Article > Press release 
Climate finance should include the poor, Philippine officials tell visiting GCF group
... senior Philippine environment officials told a visiting GCF delegation led by Executive Director Howard Bamsey. ... Chair of the Senate Committee on Climate Change, told the GCF team during its visit to the Philippines on 15 to 17 February. “The GCF presents great opportunities for economic and social ...
Article > Press release Philippines (the) 
Building project pipeline capacities: Development of GCF concept notes in the transport and health sectors in Thailand
... project pipeline and stakeholder capacities regarding GCF project development. This Readiness support addresses ... sector involvement and investment, limited knowledge of GCF opportunities and access modalities, limited technical ... capacities concerning e.g. the alignment of projects with GCF investment criteria and the lack of a well-designed ...
Document > Approved readiness proposal Thailand
GCF's first REDD+ results-based payment boosts financial incentive to protect forests
... up efforts to halt deforestation. The decision by the GCF Board in February marks GCF's first REDD+ results-based payment. Results-based ... they have halted deforestation during a period of time. GCF Principal Forest and Land Use Specialist Juan Chang said ...
Article > Press release Brazil 
Climate costs will rise sharply if we miss 1.5 degree target, GCF conference hears
... messages shaping discussions at a key Green Climate Fund (GCF) conference which ended today in Incheon, Republic of ... Korea. UN Deputy Secretary General Amina J. Mohammed told GCF’s inaugural Global NDA Conference that providing ... conference was designed to strengthen understanding between GCF and its National Designated Authorities, which act as ...
Article > Press release 
GCF scaling-up clean energy access through solar based mini-grids in Mali
... and technical barriers for rural electrification. The GCF board approved the Mali solar rural electrification ... loan and EUR 2 million grant for technical assistance. GCF funding will additionally mobilise EUR 10.6 million from ... said Mr Pierre Telep, Renewable Energy Senior Specialist at GCF. “To bridge this gap, the Government of Mali has ...
Article > Story Mali 
GCF signs six new project agreements after 36th Board meeting
... for climate action were signed by the Green Climate Fund (GCF) and its partners on the margins of GCF’s 36th Board meeting (10-13 July 2023) , a record ... Change Resilience through South Africa’s Water Reuse Programme (“WRP”) with Development Bank of Southern ...
Article > News update 
GCF private sector conference makes business case to lower planet's climate costs
... hundreds of billions of people,” the Green Climate Fund (GCF) Executive Director spoke positively about the business ... of the Global Green Growth Institute – which, like GCF, is also based in the Republic of Korea. “Considering ... GCF’s capacity building support through its readiness programme as key to the development of the green bond. ...
Article > Press release 
GCF forum at COP26 finds big investment rise needed to decarbonise energy paths
... of clean power investment during a Green Climate Fund (GCF) energy transition forum at the international climate ... not reaching where it is most needed,” she added. The GCF event “Support for Developing Country Aspirations and ... countries and international institutions told the forum at GCF’s COP26 pavilion that sourcing new flows of investment ...
Article > Press release 
FP276 - GCF's investment into the Global Green Bond Initiative (GGBI) (previously known as Green and Resilience Debt Platform (GRDP)
... investment in low-emission development. It supports GCF’s strategic goal of mobilizing private finance through ... and lower borrowing costs for bond issuers. GCF will invest EUR 200 million (approximately USD 227 ... Brazil Cameroon Côte d'Ivoire Egypt Angola 1 2 3 4 5 1 GCF's investment into the Global Green Bond Initiative ...
Project > Private sector Multiple countries 
GCF Private Investment for Climate Conference paves the way for more climate finance from the private sector
... into driving climate action in developing countries. GCF’s decision to hold this second annual private ... wealth funds, pension funds and insurance companies, to tap GCF finances to expand emerging markets of low-emission and ... at the UN Climate Summit in New York last month. GCF’s Private Investment for Climate Conference is ...
Article > Press release 
GCF leadership forum helps turn COVID-19 recovery into cause for climate hope
... Leadership Dialogue organised by the Green Climate Fund (GCF) in the margins of the current 75th session of the UN ... as the biggest global challenge, the president said that GCF’s financial support “has inspired countries to build ... highlighted the strong role the private sector can play in GCF’s funnelling of climate finance across more than 100 ...
Article > Press release 