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Green Climate Fund Board streamlines access to finance in major accreditation review USD 187.7 million also approved for new climate projects
... Green Climate Fund (GCF) Board has approved major changes to its accreditation framework to streamline access to climate finance at its 31st Board ... Board also allocated USD 187.7 million of new GCF resources for climate action, increasing its portfolio to USD 10.2 ...
Article > Press release 
Green Climate Fund Board approves new climate funding, bringing assets under management to USD 40 billion
... with co-financing, whilst also launching the process for the Fund’s replenishment for the 2024-2027 period. ... GCF’s portfolio now stands at 200 projects with a total value of USD 10.8 billion in GCF resources, USD ... Further details on the projects can be found on the GCF website . The GCF Board approved the reaccreditation of Asian ...
Article > Press release 
GCF partners with FAO on two major climate-resilience projects in Benin and the Gambia
GCF and FAO have signed an agreement for $60 million in funding for two new major projects that ... both projects. Welcoming the projects, GCF Executive Director Yannick Glemarec said: “GCF is proud to partner with FAO on these projects in Benin and Gambia, ...
Article > News update Benin Gambia 
GCF Private Investment for Climate Conference 2022
Join us for the fifth annual GCF Private Investment for Climate ... that gathers global leaders from the private and public sectors to accelerate private finance for climate action in ...
Event > Events organised / involving GCF 
GCF convenes partners to bolster climate action amid global uncertainty
GCF will host two major conferences next week, bringing together Ministers and national leaders, Chief Executives ... of leading figures from the public and private sectors to inform GCF programming, forge partnerships and maintain ... Acumen And many more. Please see the GPIC 2022 website for full details of the sessions and complete list of ...
Article > News update 
GCF conference opens with calls from developing countries for increased finance for climate action
... a broad range of partners in the Republic of Korea to discuss how to increase momentum for climate action in the face of mounting global economic ... climate project portfolio can be found on the GCF website. GCF conference opens with calls from developing ...
Article > Press release 
COP27 summit host Egypt is first country to adopt Climate Investment Plan in partnership with Green Climate Fund
... have announced that Egypt will be the first country to adopt a Climate Investment Plan – a move which could significantly accelerate efforts by Egypt to combat climate change by unlocking new ... on Egypt’s Climate Investment Plan can be found on our website. Egypt COP27 summit host Egypt is first country to ...
Article > Press release Egypt 
Ocean20: A new self-funded marine resource management framework
... and Konservasi Indonesia, announced a new model for ocean conservation and fisheries management in ... and sustainable fishery management approach designed to fund itself over time. The Blue Halo S was introduced at ... held this week in Bali, Indonesia. The initiative aims to mobilise USD 30 billion in catalytic and commercial ...
Article > Press release 
GCF and World Bank sign renewable energy project agreement
... the World Bank have signed an instrumental legal agreement to rapidly begin implementing the second phase of a ... in meeting their NDC commitments while increasing access to electricity for the most vulnerable populations. The ...
Article > News update 
Funding and subsidiary agreements signed on the same day between GCF, FAO, and Government of Cambodia, accelerating implementation of a new climate resilient agricultural project in Cambodia
... Nations (FAO) have signed a project agreement, referred to as a Funding Activity Agreement (FAA) to rapidly begin the implementation of a USD 42.9 million ... one of Cambodia's most important agricultural regions. For the first time in GCF history, the Subsidiary Agreement ...
Article > News update 
GCF and World Wildlife Fund sign key Colombia landscapes agreement
... and the World Wildlife Fund (WWF) have signed an agreement to rapidly implement an innovative project which aims to ... biodiversity, while also promoting sustainable livelihoods for local communities and will help to conserve the ... Full details of the project are available on the GCF website. FP203 GCF and World Wildlife Fund sign key Colombia ...
Article > News update 
Letter from the Executive Director: reflections and farewell
... As I reach the end of my four-year term as Executive Director of the Green Climate Fund (GCF), I would like to thank all of you for your support in helping GCF accelerate the transition to ...
Article > Speech 
GCF report highlights significant progress in climate impact
... climate finance during the 2020-2023 period (referred to as ‘GCF-1’), ahead of its replenishment for the next four years. The GCF-1 Progress Report records ... standing at 216 projects, worth USD 12 billion, and with total assets under management, including co-financing, of ...
Article > Press release 
Delivering climate action: GCF and partners sign agreements for six new projects
... on the margins of GCF’s 37th Board meeting (23- 25 October 2023) in Tbilisi, Georgia. Out of 15 projects approved ... were signed on the last day of the Board meeting on 25 October . The FAAs, which contain a set of conditions to be ... the AE, must be negotiated and signed by GCF and the AEs before the project can launch. The short turnaround between ...
Article > News update 
GCF to scale up access, impact, and private sector investment through “50by30” roadmap
... (GCF) undergoes its second replenishment and prepares for its next four-year programming period (2024-2027), the ... At GCF’s COP28 flagship side event, GCF Executive Director Mafalda Duarte mapped out how the Fund plans to enhance ... of State in the Foreign, Commonwealth & Development Office (FCDO), United Kingdom; and Samaila Zubairu, President and ...
Article > News update 
Green Climate Fund approves funding to Climate Asset Management to develop strategy for scaling regenerative practices at a landscape level in Sub-Saharan Africa
GCF grant to enable design of a blended finance and technical ... aimed at enhancing climate adaptation and food security for smallholder farmers across landscapes in Sub-Saharan ... Africa Collaborating with six countries committed to scaling regenerative and agroecological landscapes: Cote ...
Article > Press release 
Green Climate Fund to Support Development of Conservation International Initiative to Transform Water Security in Bogotá
... and the Green Climate Fund (GCF) announced support for the development of a project to transform water security in the Bogotá region. The project aims to reduce climate risk for half a million people from highly ...
Article > Press release 
Caribbean countries launch landmark platform to scale up climate investment
The creation of a platform to accelerate the mobilisation of finance for the ... of resilience across the Caribbean region was announced today. The landmark Regional Platform for catalyzing ...
Article > Press release Barbados 
GCF, CABEI, and the European Union unite to finance Costa Rica’s GAM electric train
The Green Climate Fund (GCF), the Central American Bank for Economic Integration (CABEI), and the European Union, through its Global Gateway strategy, have come together to fully finance the 'Construction, Equipment, and Start-up ...
Article > News update Costa Rica 
Adaptation planning vital in helping countries weather change
A guide to NAPs and why GCF is supporting this UN process to spark ... the lives of millions, and will likely require years for the worst hit Caribbean islands to recover. The prime ... United Nations Framework Convention on Climate Change (UNFCCC). Adaptation planning is part of the Cancun Agreements ...
Article > Press release 
GCF portfolio hits USD 20 billion for climate action, Board selects host countries for new regional offices
... Board has approved USD 960.3 million in new climate finance for developing countries, greenlighting 18 new projects for ... action around the world. The new approvals raise GCF’s total portfolio past the USD 20 billion mark across 354 ... about the projects can be accessed on the GCF website . The following 10 entities, six of which are DAEs, ...
Article > Press release 
Private sector financing
Overview The climate crisis is too big, too serious and too urgent to rely on the resources of ... needed to spur innovation and create thriving markets for climate, spanning across clean energy, sustainable ...
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Green Climate Fund invests USD 1 billion for developing country climate action, launches first replenishment
The 21st meeting of the Green Climate Fund (GCF) Board ended today in Bahrain, approving over one billion dollars of new ... to support climate action in developing countries, and formally launching the Fund’s first replenishment. The 19 ... Ambiental y la Niñez (Fondo Acción) based in Colombia IDFC Bank Limited (IDFC Bank) based in India Ministry of ...
Article > Press release Bahrain 
Workshop forges direct links to country-led climate action
... Climate Fund has strengthened its country-driven approach to supporting global climate action with the conclusion today of the Empowering Direct Access workshop. During the ... out GCF-approved climate projects. Direct Access Entities form the essence of GCF’s country-driven approach as they ...
Article > Press release 
Green Climate Fund approves first 8 investments
Board gears up to larger scale projects in the near future The Green ... Fund Board today approved USD 168 million of GCF funding for projects and programmes worth USD 624 million, marking ... by making its first funding decisions ahead of the UNFCCC Paris climate conference. With climate finance being a ...
Article > Press release Zambia 
First GCF Green Champions to be announced at COP25
... first GCF Green Champion Awards have been selected from a total pool of 280 nominees, and the final results will be ... recognise and promote the most noteworthy and successful efforts to fight climate change in developing countries. The ... processes that span across the CBD, UNCCD, and UNFCCC, where she supported the development of the Ghana's ...
Article > Press release 
IFAD and GCF scale-up action to improve life for millions of people and restore ecosystems in Africa’s Great Green Wall
... most climate-impacted parts of the Sahel have cause for hope today because of their governments’ support for ... United Nations Framework Convention on Climate Change (UNFCCC). “The GGW Up of the GCF and IFAD is a ...
Article > Press release 
GCF Readiness resources boost Senegal’s climate capacities
... Climate Fund (GCF) is helping Senegal build its ability to tackle climate change through Readiness funding. This is a special type of support GCF provides to developing counties in the form of grants and technical assistance to build national ...
Article > Story Senegal 
Unlocking capital for climate action
The fifth annual GCF Private Investment for Climate Conference (GPIC) has wrapped up in Incheon, ... Korea, with leading figures from the public and private sectors pledging to work in partnership to find innovative ways of unlocking ...
Article > Press release 