Search
Results needed to tackle forest roots of climate challenge
... countries based on results they achieve in keeping their forests intact is essential to meet the global climate ... to Jonah Busch, a researcher with the US-based Centre for Global Development. “We are now at a crucial juncture in efforts to value forests, through results-based payments, for ...
Article > Press release 
GCF approves eight projects at its first Board meeting in 2017
... and programmes amounting to USD 2.2 billion in GCF funding for a total value of USD 7.3 billion, with co-financing ... projects and programmes were approved at B.16: USD 265 million for the GEEREF NeXt programme financing ... of the GCF Board meetings are available on the Fund’s website . The 17th meeting of the GCF Board will be held from 4 ...
Article > Press release 
GCF concludes final meeting for 2016, approves USD 315 million in funding
... Board meeting to be held in the Pacific, and the final for 2016, closed today having approved eight new funding ... valued together at USD 315.24 million: USD 133 million for Catalyzing Private Investment in Sustainable Energy in ... it comes on the cusp of 2017, the year Fiji will host the UNFCCC Conference of the Parties.” “I have high hopes that ...
Article > Press release 
GCF concludes Framework Agreements with UNDP, UNEP and GIZ to support country readiness
... a total of up to USD 5.4 million to be disbursed in the form of grants for these countries to implement their approved readiness ... UNDP has received a first disbursement of USD 1.35 million for grants in eight countries: Bangladesh, Central African ...
Article > Press release Multiple countries 
GCF Board approves USD 745 million in funding proposals
... approval of this amount is an impressive accomplishment for the Fund,” said Mr. Zaheer Fakir, GCF Board’s ... and programmes were approved at B.14: USD 37 million for Scaling-up of Glacial Lake Outburst Flood risk reduction in Northern Pakistan with UNDP; USD 41.2 million for Priming Financial and Land-Use Planning Instruments to ...
Article > Press release 
UNDP and GCF sign partnership agreement to invest in low-emission and climate resilient development
... sets out the basic terms and conditions to work together for the use of GCF resources. In March 2015, UNDP was one of ... Executive Director stated, “UNDP is an important partner for the Green Climate Fund, and the signing of this ... parties to the UN Framework Convention on Climate Change (UNFCCC) and given the mandate to fund climate action to limit ...
Article > Press release 
GCF Board approves projects worth USD 250M and prepares for leadership transition
... Climate Fund (GCF) has approved its first funding proposals for 2016 totalling USD 256.6 million in GCF funding. “The close of B.13 marks the half-way point for the GCF in 2016,” said Board Co-Chair Ewen McDonald ... approved – we’re tracking well.” The Board is calling for more proposals with the aim of achieving its ...
Article > Press release 
GCF encourages more high-quality and ambitious proposals
... articulated its post-Paris vision, highlighting the need for high-quality, ambitious funding proposals to scale up ... Bodies of the UN Framework Convention on Climate Change (UNFCCC), GCF Board Co-Chair, Mr. Zaheer Fakir (South Africa), ... “We have set an incredibly ambitious mandate for the GCF,” said Mr. Fakir, who also spoke on behalf of ...
Article > Press release 
Beyond Paris: GCF Looks Ahead
... gathered to discuss the future of the Fund with both the former and new Board Co-Chairs (Henrik Harboe and Gabriel ... signalling that the Board could declare the Fund open for business. Since then, as Mr. Quijandria pointed out, the ... the request of the COP to make funding decisions before Paris. Mr. Quijandria stated that the Board’s ...
Article > Press release 
Ready, Set, Fund!
... today met with over 80 ambassadors and diplomats at an information meeting in Seoul, hosted by the French ambassador ... French embassy, with the briefing taking place only days before the start of the climate change conference in Paris. ... victims of the Paris terrorist attacks. H.E. Penone called for the adoption of a universal climate agreement in Paris ...
Article > Press release Fiji 
GCF Adaptation Rationale Workshop
... GCF International Technical Workshop: Adaptation Rationale for Project Pipelines and other Climate Investment was held ... including DAEs, NDAs, delivery partners of GCF support for adaptation planning, private sector, civil society, and ... (ii) help ensure that implementation of upstream support for adaptation planning processes effectively contributes to ...
Event > Events organised / involving GCF Philippines (the) 
24th meeting of the Conference of the Parties (COP24)
... GCF is part of the financial mechanism of the UNFCCC and serves the Paris Agreement. The Fund reports its ... process, and you can find out more on our replenishment website. We will be talking more about how an ambitious and ... - 1900 05 December 2018 (Wednesday) Event title Time The performance review of GCF 1000 - 1130 06 December 2018 ...
Event > Events organised / involving GCF Poland 
GCF scaling-up clean energy access through solar based mini-grids in Mali
... represents only 3% of the country’s installed capacity. Efforts to extend the main grid are unlikely to solve the ... by a range of exacerbated financial and technical barriers for rural electrification. The GCF board approved the Mali ... is expected to provide funding to solar-based mini-grids for rural electrification, with a total investment of EUR ...
Article > Story Mali 
Barbados launches first Caribbean climate resilience project
... has marked the start of the Water Sector Resilience Nexus for Sustainability in Barbados (WSRN S-Barbados) project, ... Resources, stated, "This is a big deal - a very big deal for us. We are the proud recipients of a mix of funding from ... 27 million. The project will provide a replicable framework for countries of the Eastern Caribbean, all of which ...
Article > Press release Barbados 
GCF and FMO partnership will boost the growth of renewable energy in developing countries
... of obstacles, such as the scarcity of early-stage financing for large scale renewable energy projects, the lack of ... development and construction fund providing capital for renewable energy infrastructure across Africa, Latin ... people, purpose, capital and cultures sets the foundation for a long and expansive relationship founded on innovation, ...
Article > Press release Netherlands (the) 
GCF and FAO break record in signing fastest ever project agreement, supporting climate-vulnerable Pakistan farmers
... Resources said: “We are at a critical moment that calls for bold climate action that can stimulate concrete ... first FAO-led GCF project in Asia - is an important step forward in FAO’s broader support to countries to respond ... of Korea. It approved 10 climate finance projects worth USD 267 million. Pakistan Songdo FP108 GCF and FAO break record ...
Article > Press release Pakistan 
GCF and World Bank kick off hydropower project in Solomon Islands
... USD 86 million in climate financing to the World Bank for this USD 234 million project which is expected to ... rate and a high dependency on diesel generators for power supply in the capital, the country has one of the ... possible. We hope this project will be a good example for other Pacific island countries looking to develop in a ...
Article > Press release Solomon Islands 
GCF investment supports green energy transition in Chile
... provision of renewable electricity. Fossil fuels account for the majority of Chile’s energy supply and the ... long-term sustainability goals. It has set a target for a 60% share of renewable power by 2035 and 70% by 2050. ... an additional USD 1 billion in private equity and debt for the project, GCF is supporting climate technology ...
Article > Press release Chile 
GCF launches Green Champions Awards to recognise outstanding climate change efforts in developing countries
... recognise and promote the most noteworthy and successful efforts to fight climate change in developing countries. The ... individuals and organisations driving climate transformation. The GCF Green Champions Awards will promote ... from September 2nd on the Green Champions Awards website . The awards jury will consider the following ...
Article > Press release 
GCF and DBSA partnership to boost climate investments in the Southern Africa region
... investments in climate action. They include a lack of affordable long-term financing, perceived financial and ... Climate Finance Facility is a great example of GCF support for financial innovation which helps promote transformative climate action in the private sector,” said GCF ...
Article > Press release Multiple countries 
GCF joins initiative to help Africa expand its REDD+ roots
... to promote a regional approach to using payments to keep forests standing to reduce greenhouse gas emissions. GCF ... in cooperating to promote action which establishes a way forward for REDD+. Among the challenges of strengthening REDD+ in ...
Article > Press release Côte d'Ivoire 
New Climate Investment Platform targets increase in flow of capital to clean energy projects
... to meet climate ambitions. The Climate Investment Platform (CIP) is an inclusive partnership welcoming all ... concrete investments on the ground. With energy accounting for two thirds of total greenhouse gas emissions, the ... in developing countries. Progress will be presented at UNFCCC COP 25 in December 2019. The service offered by the CIP ...
Article > Press release 
Jamaica and Norway lead countries in call for ambitious replenishment of Green Climate Fund ahead of Climate Action Summit
... from over 40 developed and developing countries today for a meeting dedicated to the replenishment of the Green ... Fund (GCF). The event showed a huge level of support for GCF, with a number of developed countries present ... including Patricia Espinosa, Executive Secretary of the UNFCCC. Speaking at the event, Prime Minister Andrew Holness ...
Article > Press release Jamaica Norway 
GCF helps reduce renewable business costs in South Africa
... on the sidelines of GCF’s second Private Investment for Climate Conference. The GCF-supported programme, to be ... the agreement highlights the importance of business-led efforts to reduce greenhouse gases. “The ever increasing ... investment opportunities as firms find innovative ways to forge low-carbon economies,” he explained. “This ...
Article > Press release South Africa 
GCF forum explores how to stem climate impact on world food security
... views of participants at a recent Green Climate Fund (GCF) forum on the sidelines of a yearly symposium addressing global food security. Many of the forum participants stressed the need to draw in enhanced ... food security: How can the Green Climate Fund unlock transformation?” was held during the annual Committee on ...
Article > Press release 
GCF Board gathers in Liberia to discuss strategy to better support climate action
... The Government of Liberia is hosting the three-day, informal Board meeting. H.E. the Honourable George Weah, ... “Protecting our planet now is not a choice but a mandate for this generation. As such, all governments, from both ... progress the Fund’s strategic vision, priorities and plan for the next four years, to support countries’ efforts to ...
Article > Press release Liberia 
Responding to the impacts of the COVID-19 global pandemic: Interlinkages between people, planet and prosperity
... not been spared from the pandemic. We are deeply concerned for a few staff and their families who have contracted the virus. Our primary concern is for their recovery and return to good health and wellbeing. ... only a united approach – bringing together determined efforts and innovation – will provide lasting solutions to ...
Article > Press release 
Global leaders highlight need to invest for COVID-climate recovery
... the three-day Green Climate Fund (GCF) Private Investment for Climate Conference. Highlighting the importance of ... added. Senegal President Macky Sall shared his strategy for a green energy transition in Senegal in the era of ... of Global Optimism and ex-Executive Secretary of the UNFCCC compared COVID and climate to massive waves crashing on ...
Article > Press release 
GCF speeds up funding flow with 4 partner agreements signed hours after Board approval
... with the UN Food and Agriculture Oganization (FAO) for REDD+ results based payments in Argentina (utilising USD ... with the United Nations Development Programme (UNDP) for REDD+ results based payments in Costa Rica (utilising ... Director Yannick Glemarec said: “What we have been doing for the past couple of years is to dramatically compress the ...
Article > Press release 
GCF investments reducing climate risk to feature at Climate Adaptation Summit
... GCF balances its portfolio equally between support for adaptation and actions to reduce greenhouse gas emissions. With global finance for adaptation falling well short of totals realised for mitigation actions, GCF’s unique commitment to ...
Article > Press release 