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GCF and World Bank sign renewable energy project agreement
GCF and the World Bank have signed an instrumental legal agreement to rapidly begin implementing the second ... impacts of climate change. The Sustainable Renewables Risk Mitigation Initiative Facility (Phase 2 Resilience ... of SRMI-Resilience’s FAA, the World Bank, as the accredited entity, can now rapidly move from approval to ...
Article > News update 
GCF.10: 10 years of climate impact
... Overview" is now out! Follow GCF at COP30: visit the website Raising Ambition, Empowering Action In November 2015, ... with GCF-funded projects Over × Anticipated CO₂ equivalent avoided *Aggregated estimates based on all approved ... private sector project in Rwanda. Amazon indigenous peoples hold key to forest’s future The first GCF-backed ...
Basic page
Amazon indigenous peoples hold key to forest’s future
... Ecuador Peru FP001 FP019 FP100 FP134 Amazon indigenous peoples hold key to forest’s future ...
Article > Story Multiple countries 
Strengthening institutional capacities and coordination mechanisms for accelerating and scaling up the mobilization of climate finance in Mozambique
... It has been estimated that the country will need at least USD 11 billion for the implementation of its NDC ... that are need to fully and effectively perform its roles and responsibilities in the context of climate finance ... opportunities Support FNDS with the finalization of the accreditation process and start the formulation of an Entity ...
Document > Approved readiness proposal Mozambique
Investing in climate action with GCF
... climate change. …But this is easier said than done. Multiple barriers exist to scaling up investments in climate ... amongst investors and limited access to long-term, affordable financing for climate innovators and entrepreneurs. This ... Initiative for the Great Green Wall is promoting access to credit and technical assistance to local farmers and banks ...
Article > Insights 
Making blended finance work for adaptation
Dear colleagues, The United Nations Environment Programme estimates ... Fund or GEF. Let me give you a couple of concrete examples of our approach in action. The Global Fund for Coral ... as well as a dedicated green guarantee company to provide credit enhancement and access to lower financing costs for ...
Article > Speech
Asian private sector ambition key to climate solution, Dialogue finds
... driving the Asian economic powerhouse can be funnelled to complement public sector-funded climate action, ... - including 23 governments, corporations, NGOs and GCF Accredited Entities - to the Indonesian island of Bali on 26 to 29 April to explore climate finance priorities and ...
Article > Press release Indonesia 
GCF heralds innovative ‘Bhutan for Life’ partnership at launch ceremony
... the World Wildlife Fund (WWF). GCF’s contribution of USD 26.6 million was approved by its Board last month to support ... prevent threats to Bhutan’s forests, preserving their role as a carbon sink. Bhutan for Life will also support ... be found on the Bhutan for Life project page on GCF’s website . Bhutan Bhutan GCF heralds innovative ‘Bhutan for ...
Article > Press release Bhutan 
Enhancing climate finance and investment in LAC banking sector
The Financial Sector plays a fundamental role in mobilizing the resources necessary to finance a low ... (operational risk) and indirectly, through their portfolio (credit and market risk), depending on the location of their ... to assess their portfolio on climate change and meet GCF accreditation process standards, while mobilizing interest of ...
Document > Approved readiness proposal Multiple countries
GCF approves Project Preparation Facility grant to establish Barbados green bank
... PPF provides financial and technical assistance to GCF Accredited Entities for the preparation of high potential ... approval by GCF. Pegasus Capital Advisors will be GCF’s Accredited Entity for the BGIC PPF and Funding Proposal. ... conceptualised by the Barbados Prime Minister Mia Mottley to help Caribbean countries to meet their targets for ...
Article > Press release Barbados 
Support for accreditation gap assessment and action plan for the Rwanda Development Bank
... of Rwanda. For more than four decades, BRD has been the sole pro- vider of long-term finance and has significantly ... Rwanda is requesting a gap assessment support for accreditation for BRD. The support will help BRD better understand the accreditation support as well as identify the different ...
Document > Approved readiness proposal Rwanda
GCF/B.21/10/Add.20 - Consideration of funding proposals – Addendum XX Funding proposal package for FP098
... the following three parts: A funding proposal summary titled “DBSA Climate Finance Facility” submitted by the Development Bank of Southern Africa; No-objection letters issued by the national designated authorities or ... These documents are presented as submitted by the accredited entity and the national designated authority(ies) ...
Board document > Action item
GCF Board opens B.19 meeting, elects Lennart Båge and Paul Oquist as new Co-Chairs
... meeting in Songdo, Republic of Korea. Paul Oquist has been elected as the developing country Co-Chair, whilst Lennart ... B.19 Board meeting will therefore take place from Monday 26 February until Thursday 1 March, and will be presided by ... developing countries on the Executive Committee of the UNFCCC Warsaw International Mechanism for Loss and Damage. Dr. ...
Article > Press release 
GCF targets private investment shift at inaugural climate conference
... entrepreneurship of businesses in tackling the climate challenge, and comes on the heels of a seminal UN report ... the urgency of climate action evidenced by the release on Monday of the IPCC report Global Warming of 1.5°C. ... that climate action could yield an economic gain of USD 26 trillion through to 2030 compared with business-as-usual. ...
Article > Press release 
GCF, UN Environment launch project to fortify the Gambia against droughts, floods
... change into planning at the national, district and village levels throughout the Gambia," said Minister Dibba. ... regions is being implemented by UN Environment, a GCF Accredited Entity. Pa Ousman Jarju, GCF's Director of Country ... 26 percent of its GDP. The geographic nature of this smallest mainland African country, a meandering strip of land ...
Article > Press release Gambia 
GCF and Africa Finance Corporation drive low-emission development in Africa
... today of an agreement with the Africa Finance Corporation (AFC). The two organizations signed an Accreditation Master Agreement (AMA), a prerequisite for all GCF Accredited Entities to implement GCF-approved projects. AFC was accredited to GCF in ...
Article > Press release 
GCF upgrades climate support for vulnerable Pacific nations
... with the Pacific Community (SPC). GCF today signed an Accreditation Master Agreement (AMA) with this Pacific-based regional body to provide the legal framework for funding climate projects. GCF Deputy ... in 1947 as the South Pacific Commission, as many of its 26 members are Pacific SIDS. The vulnerability of SIDS to ...
Article > Press release 
GCF publishes the tentative funding proposal schedule for B.27
... take place virtually from 18 to 21 August 2020. GCF acknowledges the extraordinary circumstances and fast-changing ... 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 publishes the tentative funding proposal schedule for B.29
... is proposed that B.29 takes place on 28 June-1 July 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) on the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
GCF/B.22/Inf.09 - Report on the execution of the 2018 administrative budget of the GCF
... 31 December 2018 and on estimated costs for the Trustee. Please note that these numbers are unaudited. For the year ...
Board document > Information
GCF/B.21/10/Add.33 - Consideration of funding proposals - Addendum XXXIII Funding proposal package for SAP002
... contains the following seven parts: A funding proposal titled “Climate services and diversification of climate ... sensitive livelihoods to empower food insecure and vulnerable communities in the Kyrgyz Republic”; No-objection ... assessment of the funding proposal; Response of the accredited entity to the independent Technical Advisory ...
Board document > Action item
GCF/B.21/10/Add.13 - Consideration of funding proposals - Addendum XIII Funding proposal package for FP094
... the following three parts: A funding proposal summary titled “Ensuring climate resilient water supplies in the Comoros Islands”; No-objection letter issued by the national designated authority(ies) or ...
Board document > Action item
GCF/B.21/10/Add.12 - Consideration of funding proposals - Addendum XII Funding proposal package for FP093
... the following three parts: A funding proposal summary titled “Yeleen Rural Electrification Project in Burkina Faso”; No-objection ...
Board document > Action item
GCF/B.21/10/Add.11 - Consideration of funding proposals - Addendum XI Funding proposal package for FP092
... the following three parts: A funding proposal summary titled “Programme for integrated development and adaptation ... change in the Niger Basin (PIDACC/NB)"; No-objection letter issued by the national designated authority(ies) or ...
Board document > Action item
GCF/B.21/10/Add.10 - Consideration of funding proposals - Addendum X Funding proposal package for FP091
... the following three parts: A funding proposal summary titled “South Tarawa Water Supply Project”; No-objection letter issued by the national designated authority(ies) or ...
Board document > Action item
GCF/B.21/10/Add.09 - Consideration of funding proposals - Addendum IX Funding proposal package for FP090
... the following three parts: A funding proposal summary titled “Tonga Renewable Energy Project under the Pacific Islands Renewable Energy Investment Program”; No-objection letter issued ...
Board document > Action item
GCF/B.21/10/Add.08 - Consideration of funding proposals - Addendum VIII Funding proposal package for FP089
... the following three parts: A funding proposal summary titled “Upscaling climate resilience measures in the dry ... agroecosystems of EI Salvador (RECLIMA)”; No-objection letter issued by the national designated authority(ies) or ... that the following changes have been made to: No-objection letter (newly issued by the new NDA) Secretariat's review ...
Board document > Action item
GCF/B.21/10/Add.06 - Consideration of funding proposals - Addendum VI Funding proposal package for FP087
... the following three parts: A funding proposal summary titled “Building livelihood resilience to climate change in ... upper basins of Guatemala’s highlands”; No-objection letter issued by the national designated authority(ies) or ...
Board document > Action item
GCF/B.21/10/Add.05 - Consideration of funding proposals - Addendum V Funding proposal package for FP086
... the following three parts: A funding proposal summary titled “Green Cities Facility”; No-objection letter issued by the national designated authority(ies) or ...
Board document > Action item