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GCF second replenishment meeting reaches agreement on key decisions; selects Paris for Pledging Conference
... Development and Global Affairs Canada, GCF’s second replenishment consultation meeting brought together 27 ... to discuss key issues on the Green Climate Fund (GCF) replenishment in the context of urgent global climate action. ... Canada’s strong support for a successful GCF replenishment. She stated: “The Fund’s catalytic role in ...
Article > Press release Canada 
GCF and AfDB partner to increase renewable power in Zambia
... are working together to support a USD 154.0 million renewable energy financing framework in Zambia. Historically, ... 90% of its energy needs. Since 2015, Zambia has faced challenges in meeting the country’s electricity demand – a ... Climate Fund. “The agreement signed today marks a new milestone in our ambitious cooperation with the AfDB, which ...
Article > Press release Zambia AfDB FP080 
The Green Climate Fund receives 2020 FutureEdge 50 Award from International Data Group, Inc. (IDG)
... and daring achievements and concepts for easing and accelerating work with and by its hundreds of partners united in the common fight against climate change. Yannick Glemarec, Executive Director of the GCF, said: “Our mandate is to empower developing countries to innovate, accelerate and scale up investments to match the urgency of the ...
Article > Press release 
GCF publishes the tentative funding proposal schedule for B.28
... it is proposed that B.28 takes place on 16-19 March 2021 while a formal Board decision is yet to be taken on this ... Board decides on funding proposals brought forward by GCF Accredited Entities. Kindly note that funding proposals ... The report/s shall be disclosed (i) in the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
GCF-EBRD agreement launches USD 1 billion initiative to curb industry emissions
... Development (EBRD). The agreement lays the groundwork to implement a high-impact programme to curtail industrial ... across seven countries. It marks GCF’s first large-scale investment to promote the use of low-carbon technologies ... event to mark the occasion. GCF Executive Director Yannick Glemarec said: “This USD 1 billion initiative demonstrates ...
Article > Press release FP140 
GCF and Korea Development Bank help climate innovators traverse “valley of death”
... solutions. But too many great new ideas die in the so-called ‘valley of death’ – the gap between seed funding for ... to further these goals through its collaboration with the UNFCCC Technology Executive Committee (TEC) and the Climate ...
Article > Press release KDB 
Virtual Stakeholder Consultation on the topic of the development of the GCF’s ESS - Stage 1: scoping
... needs of those developing countries particularly vulnerable to the adverse effects of climate change. In fulfilling ... and climate-resilient development pathways in a sustainable manner that effectively and equitably manages ... well as other relevant policies such as the Indigenous Peoples Policy, Updated Gender Policy, and Information ...
Event > Events organised / involving GCF 
GCF partnership with Pegasus set to protect coral reefs across 17 countries
... the partnership agreement, GCF Executive Director Yannick Glemarec said: “Our first-loss equity investment will help to tackle critical financing and private investment barriers and ... of the UK, Germany, Canada, and France, as well as the GFCR Equity Fund advisors at SystemIQ. The Global Fund for ...
Article > News update PCA FP180 
GCF and AfDB sign key agreement on transformative energy transition programme
... (AfDB) have signed a critical agreement to advance the implementation of a transformative programme, Desert to Power G5 Sahel Facility , which will support least developed countries in the Sahel region of Africa in ... sustainability of the clean energy sector. AfDB is an Accredited Entity (AE) to GCF. AE’s range from private, ...
Article > News update AfDB FP178 
Consultation Sessions on the Green Climate Fund’s (GCF) Project Preparation Facility (PPF)
... GCF funding proposals, especially those targeting small-scale activities and Direct Access Entities (DAEs). A support ... 1.5 million for any single PPF request can be accessed by Accredited Entities (AEs) provided that the underlying project ... to understand what is working well, what are the key lessons learned, what needs further improvement, and how the ...
Event > Events organised / involving GCF 
New platform to boost environmental impact financing in Africa
... in the Green and Resilience Debt Platform, a vehicle that aims to boost climate finance in Africa. The ... European development finance institutions. It will be implemented in partnership with the United Nations Development ... gathered policymakers, financial institutions, and business leaders to discuss pressing issues. The new platform will ...
Article > News update EIB 
GCF launches newly revised Readiness Guidebook and templates
... to streamline and enhance the Readiness Programme. Reflecting the latest developments, operational improvements and lessons learned from implementation of the Readiness ...
Article > News update 
The Green Climate Fund welcomes Austria’s contribution for its second replenishment (GCF-2)
... EUR 160 million to GCF for the Fund’s second replenishment (GCF-2). Austria’s pledge is a 23 per cent increase on the amount pledged during the Fund’s first replenishment (GCF-1). ...
Article > Press release Austria 
GCF Second Consultation Meeting drives momentum for the second replenishment
The Second Consultation Meeting (CM-2) for GCF’s second replenishment (GCF-2) was held on 27-28 April. Hosted by GCF ... Helen Biangalen-Magata, a member of GCF’s Indigenous Peoples Advisory Group (IPAG), and Accredited Entities - Jacqueline Novogratz of Acumen, Jyotsna ...
Article > News update 
Leveraging Readiness Support for Mobilizing Private Sector For Climate Action
... the Green Climate Fund (GCF) is organizing a webinar titled 'Leveraging Readiness Support for Mobilizing the Private ... representatives from National Designated Authorities, Accredited Entities of the GCF, and Delivery Partners from ...
Event > Webinar 
GCF Regional Dialogue with Latin America and Workshop for Direct Access Entities in Latin America and the Caribbean
The GCF Regional Dialogue with Latin America is scheduled to be held from 24-26 July. This will be followed by the GCF Workshop for ... Readiness proposals for climate investment planning, accreditation, programming a strong pipeline of projects and ...
Event > Structured dialogue Uruguay 
Green Climate Fund welcomes Denmark’s increase in support for climate action
... welcomes Denmark’s announcement of a USD 232 million pledge for GCF’s second replenishment (GCF-2). Denmark has contributed to GCF since the Fund’s initial resource mobilisation period; this pledge represents a 100 per cent increase (in Danish Krone) ...
Article > Press release 
The Republic of Korea commits significant increase in support to GCF
... Republic of Korea’s announcement of a USD 300 million pledge for its second replenishment (GCF-2). The announcement was made by South Korean President Yoon Suk Yeol at the G20 Leaders’ Summit in New Delhi on 9 September 2023. South ...
Article > Press release 
UK pledges record $2 billion climate action funding for GCF at G20
... announcement of a USD 2 billion (£1.62 billion) pledge for its second replenishment (GCF-2). The announcement was made by Prime Minister Rishi Sunak at the G20 Leaders’ Summit in New Delhi on 9 September 2023. The UK ...
Article > Press release 
Executive Director unveils “50 by 30” blueprint for reform, targeting USD 50 billion by 2030
... the tenets of her vision and reform programme to enable the Fund to efficiently manage USD 50 billion by 2030. ... investments Reinvent the partnership model including the accreditation process Expedite project review and approvals ... reduce unnecessary complexity and transaction costs and coalesce multiple partners around a singular vision for ...
Article > News update 
Executive Director's opening remarks at the High-level Pledging Conference for GCF's second replenishment (GCF-2)
Excellencies, colleagues, and friends, Welcome to GCF’s second replenishment Pledging Conference. Let me begin by congratulating Germany ...
Article > Speech 
Annual performance reporting on GCF funded activities through the updated PPMS
... (PPMS) as an integral hub. This platform facilitates seamless interactions between GCF Secretariat and its partners such as Accredited Entities (AEs), Delivery Partners (DPs), and ...
Event > Webinar 
Guardians of the shore: GCF and UNEP partner to protect mangroves and coastal ecosystems in Dominica and Mozambique
... Coastal communities in Dominica and Mozambique are vulnerable to the impacts of climate change, particularly intense ... often overlooked and underappreciated, can play a crucial role as ‘green infrastructure’ and in integrated ... They will be vital to the two countries as they tackle climate change, support local communities’ livelihoods, ...
Article > News update Dominica Mozambique UNEP 
Update on FP146: Bio-CLIMA Integrated climate action to reduce deforestation and strengthen resilience in BOSAWÁS and Rio San Juan Biospheres
... address the instances on non-compliance, which constituted legal breaches to the relevant legal agreements between GCF and the Accredited Entity. No funds were disbursed by GCF to the ... and Afro-descendant communities and non-compliance of the Accredited Entity, the Central American Bank for Economic ...
Article > Statement FP146 
USD 1 billion of climate investments to be considered at the last GCF Board meeting of the year
... projects will reach the world’s most climate-vulnerable countries, with first-time single-country projects in ... Approach (PSAA) . The Board will also review the accreditation of five new proposed organisations, three of ... Entities, as GCF project implementing partners. A new accreditation framework to simplify partners' access to GCF ...
Article > News update 
GCF welcomes Sweden’s SEK 8 billion pledge to the Fund
... Climate Fund (GCF) welcomes the Swedish government’s pledge of SEK 8 billion (USD 763 million) for the Fund’s second replenishment (GCF-2). Sweden has been a long-term contributor ... the Fund for its initial resource mobilisation and first replenishment (GCF-1). GCF gladly welcomes the SEK 8 billion ...
Article > Press release 
GCF to ramp up climate investment in South Sudan
... Duarte headed the Green Climate Fund’s (GCF) first-ever delegation to South Sudan and committed to significantly ... the country’s schools to close for two weeks, the GCF delegation met with H.E. President Salva Kiir Mayardit, the ... said the Fund was committed to partner with climate-vulnerable communities and countries that are currently underserved ...
Article > News update South Sudan 
GCF and Asia-Pacific SIDS strengthen ties for climate action
... – 13 from the Pacific region plus Maldives and Timor-Leste – convened in the Cook Islands this month for the ... focal points (National Designated Authorities), Accredited Entities (national and international), Civil ...
Article > News update Cook Islands 
COP30 High-level Event: Delivering Climate Solutions through Country Platforms
As nations urgently seek to enhance climate ambition and implementation, country and regional platforms are emerging as ... adaptation, and economic development goals into actionable investment strategies, facilitating impactful, country-led climate initiatives. This high-level event co-organised ...
Event > Events organised / involving GCF 
Supporting women’s local businesses and climate-friendly cookstoves in Kenya
... charcoal, and plant residues. Some 2.8 billion people cook their daily meals with such biomass. Kenya is no ... heating. The combustion of these materials during cooking releases greenhouse gases (GHG). Using improved cookstoves ... (ICS) instead of open hearths could save emissions equivalent to 0.6–2.4 gigatonnes of CO₂ each year. To combat ...
Article > Story Kenya GIZ FP103 