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GCF and World Bank kick off hydropower project in Solomon Islands
... (GCF) and the World Bank have signed an agreement to implement the Tina River Hydropower Development Project to help ... the Solomon Islands transition from diesel-generated to clean, renewable energy. The signing of the Funded Activity Agreement (FAA) enables GCF to begin transferring USD 86 million in climate ...
Article > Press release Solomon Islands 
GCF investment supports green energy transition in Chile
... equity investment in a solar power and pumped storage hydroelectric project will help decarbonise Chile’s energy mix and catalise private investments to the renewable energy market. At its 23rd meeting, the Green Climate ...
Article > Press release Chile 
GCF launches Green Champions Awards to recognise outstanding climate change efforts in developing countries
... Awards will promote initiatives that stand as examples of environmental, social and business-led commitments to ... from September 2nd on the Green Champions Awards website . The awards jury will consider the following ...
Article > Press release 
Global Programming Conference drives stronger GCF climate support
The Green Climate Fund (GCF) will incorporate lessons from its largest gathering of developing country ... United Nations Framework Convention on Climate Change (UNFCC) and the Paris Agreement. Discussions between a broad ... enhancing access to GCF resources, streamlining GCF’s accreditation process and ensuring there is balanced support ...
Article > Press release 
GCF joins initiative to help Africa expand its REDD+ roots
... Abidjan, Cote d’Ivoire, on 13 to 15 August to explore challenges and opportunities in boosting African REDD+ action at local, national and regional levels. Nassere Kaba, deputy chief of cabinet with Côte ... support of these efforts in close coordination with GCF Accredited Entities and other sources of finance supporting ...
Article > Press release Côte d'Ivoire 
New Climate Investment Platform targets increase in flow of capital to clean energy projects
... to international organisations to the private sector to scale-up climate action and translate ambitious national ... service line is dedicated to the global transition to clean energy. Other service lines, such as adaptation, land ... 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
... countries today for a meeting dedicated to the replenishment of the Green Climate Fund (GCF). The event showed a huge level of support for GCF, with a number of developed ... including Patricia Espinosa, Executive Secretary of the UNFCCC. Speaking at the event, Prime Minister Andrew Holness ...
Article > Press release Jamaica Norway 
GCF forum explores how to stem climate impact on world food security
... food security by making agriculture more sustainable and climate resilient. These were the views of ... from the world’s business sector to achieve this aim, while singling out initial GCF funding as a way to redirect ... sector finance flows. “We need the private sector to complement the public funding, and we need to work jointly with ...
Article > Press release 
Green Climate Fund and its partners launch the Alliance for Hydromet Development
... GCF and other members of the Alliance have committed collectively to ramp up action that strengthens the capacity of ... (WMO). "Building on the success of the Fund's recent replenishment, we are stepping up our efforts to match the ... including by increasing the capacity of the most vulnerable countries and communities to cope, manage and respond to ...
Article > Press release 
GCF Board gathers in Liberia to discuss strategy to better support climate action
... developing countries, including those particularly vulnerable to climate change, among them African States, Small Island Developing States, and Least Developed Countries. The Government of Liberia is ... the three-day, informal Board meeting. H.E. the Honourable George Weah, President of the Republic, said: ...
Article > Press release Liberia 
Responding to the impacts of the COVID-19 global pandemic: Interlinkages between people, planet and prosperity
... it shows the importance of acting together to solve unparalleled threats to people and our planet. The far-reaching impacts of COVID-19 are ...
Article > Press release 
Global leaders highlight need to invest for COVID-climate recovery
... recover from the COVID recession and meet the climate challenge. This was the key message from world leaders during the opening of the three-day Green Climate ... 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
The Green Climate Fund (GCF) has signed detailed agreements with its partners to implement four new projects, just hours after funding approval ... GCF, which allocates the funds, and its partnering Accredited Entities, which propose and implement GCF-approved ...
Article > Press release 
GCF investments reducing climate risk to feature at Climate Adaptation Summit
Green Climate Fund (GCF) Executive Director Yannick Glemarec will highlight the Fund’s key role in helping bridge the climate finance gap at the Climate ... The Fund is also scaling up its total climate finance, leveraging the USD 10 billion raised to date in its first ...
Article > Press release 
GCF signs public-private partnership agreements to launch Global Subnational Climate Fund
... initiative by the GCF Board just three months ago. This reflects GCF’s increasingly rapid ability to progress funding approval to implementation. SnCF Global is designed to mobilise finance at scale to make blended finance work for the most vulnerable. ...
Article > Press release 
GCF signs partner agreements hours after Board approval
The Green Climate Fund (GCF) and its partners have signed implementation agreements for two new climate finance projects ... margins of last week’s B.28 Board meeting lays the detailed groundwork to roll out a multi-country, USD 1.6 billion ... Infrastructure Pablo Fajnzylber said the Sustainable Renewables Risk Mitigation Initiative (SRMI) is a key component of ...
Article > Press release 
GCF publishes the priorities of the Updated Strategic Plan of the GCF, updated independent TAP modality, and B.30 tentative timeline
... the Updated Strategic Plan (USP) for the first replenishment period 2020-2023 (GCF-1) and set new portfolio ... of the GCF Board (B.30) is presented below. Key milestones for B.30 (Tentative) Dates or # of days Days from ... The report/s shall be disclosed (i) on the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
GCF boosts COVID-19 low-carbon energy relief with anchor investment
... in an emergency relief fund launched today that shields clean energy companies in developing countries from COVID-19 ... to EARF, providing a USD 30 million investment. While the relief fund covers Africa and Asia, GCF funding is ... the founder and CEO of impact investor Acumen, a GCF Accredited Entity . “The launch of the EARF illustrates the ...
Article > Press release 
GCF continues rapid implementation with project agreements at Board meeting
The Green Climate Fund (GCF) and its partners have signed implementation agreements for three new initiatives to tackle climate change, only hours after they were approved by ... of the Federated States of Micronesia (FSM), Timor-Leste and Kenya. FSM President David W. Panuelo welcomed the ...
Article > Press release 
Critical GCF Micronesia adaptation project gets underway in record time
... approval, making this the fastest GCF project to be implemented so far. The Funding Proposal was submitted to GCF ... on the ground and we cannot thank GCF enough.' Yannick Glemarec, GCF Executive Director, stated, ‘Providing ... proposals to first disbursement of funds has fallen from 26-28 months in 2018 to an average of 12-17 months for ...
Article > News update 
Agreement bolstering Africa’s climate vulnerable sign of rapid GCF implementation
The Green Climate Fund (GCF) has signed an implementation agreement to scale up climate action across 13 African countries soon after ... programme was approved by the GCF Board. The programme, implemented by the International Fund for Agricultural ...
Article > News update 
GCF launches the Digital Accreditation Platform
... the Green Climate Fund (GCF) launched the new Digital Accreditation Platform (DAP). GCF is a country-driven ... directions. Upon project approval, AEs are responsible for project oversight, management, monitoring and ... in responding to feedback on their applications seamlessly on the platform while enhancing transparency ...
Article > News update 
Access funding
... funding. It is designed to help developing countries and Accredited Entities design climate project proposals for GCF ... as well as to describe how GCF reviews, approves, and implements climate projects. The section includes pages describing our full project cycle, explaining our investment framework which guides ...
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GCF and IDCOL sign key agreement on ambitious energy project
... or IDCOL, have signed a critical agreement to implement a large-scale energy saving project for Bangladesh’s textile and garment industries. The agreement was signed at the ...
Article > News update Bangladesh 
FP190 - Climate Investor Two
The water cycle is one of the most important parts of the global climate ... wastewater can be a source of carbon emissions; while coastal ecosystems can act as powerful ‘carbon sinks’. The imbalance between the water cycle and the climate is threatening many livelihoods, as ...
Project > Private sector Multiple countries 
Partnerships strengthened and mobilised for greater climate action
... GCF’s strategy around the Fund’s upcoming second replenishment and strategic programming priorities for the ... GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to Incheon, Republic ... updated Simplified Approval Process and Project Specific Accreditation Approach (PSAA) . These developments are ...
Article > News update 
Green Climate Fund names Mafalda Duarte as new Executive Director
The Green Climate Fund (GCF) Board has selected Mafalda Duarte as its new Executive Director. ... extensive global recruitment process, the Board made the selection during its thirty-fifth meeting at the GCF ... United Nations Framework Convention on Climate Change (UNFCCC) and serves the Paris Agreement. The Executive Director ...
Article > Press release 
FP200 - Scaling up the implementation of the Lao PDR Emission Reductions Programme through improved governance and sustainable forest landscape management (Project 2)
... Determined Contribution. The ‘Scaling up the implementation of the Lao PDR Emission Reductions Programme ... development, integrated with adaptation principles. To support the transition to sustainable and ... funding from the Forest Carbon Partnership Facility (FCPF) Carbon Fund with the World Bank and other co-financing ...
Project > Public sector Lao People's Democratic Republic (the) 
GCF and GIZ sign project agreement for sustainable forest management in Lao People’s Democratic Republic
... Fund (GCF) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have signed an agreement with ... development integrated with adaptation principles that eliminate financing barriers. The project will ... funding from the Forest Carbon Partnership Facility (FCPF) Carbon Fund with the World Bank and other co-financing ...
Article > News update 
GCF approves funding for regional water investment programme in Southern Africa
... the development of an investment programme that aims to leverage at least USD 117 million, which is expected to benefit 140 million people in the SADC region. GCF will provide an initial project ...
Article > News update 