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GCF funded India solar rooftop programme kicks off
... disbursement of USD 50 million marks the start of the implementation of the GCF solar rooftop programme in India. The ... investment will be channeled through NABARD, the Fund's Accredited Entity and India's largest rural development bank. ... from a developing country. The Government of India has set a target of 40 GW of rooftop solar power by 2022 which ...
Article > Press release India 
GCF first replenishment meeting reinforces the role of the Fund to drive climate action
Hosted by the Norwegian Ministry of Foreign Affairs, the meeting brought together 27 potential contributors and 9 Board ... to discuss key issues on the Green Climate Fund (GCF) replenishment in the context of urgent global climate action. ... United Nations Framework Convention on Climate Change (UNFCCC), and serves the Paris Agreement. Over the five years ...
Article > Press release 
GCF publishes the revised funding proposal schedule for B.23 and B.24
... Incheon, Republic of Korea. The timeline lists key dates leading to the Board meetings, where the 24 Board members ... decide on funding proposals brought forward by GCF Accredited Entities. At its twenty-first meeting, the GCF ... The report/s shall be disclosed (i) in the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
GCF and GEF join forces with Lao PDR to advance climate action
The Government of Lao PDR is leading the way to ensure complementarity and coherence in ... change. “This ground-breaking collaboration between GCF and GEF shows how we are working together to ... Designated Authorities, GEF Operational Focal Points, and accredited entities and Agencies. Lao People's Democratic ...
Article > Press release Lao People's Democratic Republic (the) 
GCF supports Indonesia's energy transition with de-risking geothermal development
... potential, the country relies heavily on fossil fuel to meet its electricity demand. A key barrier to geothermal development ... Telep Renewable Energy Senior Specialist +82 32 458 6326 Indonesia Songdo FP083 GCF supports Indonesia's energy ...
Article > Story Indonesia 
Agreement set to increase India's rooftop solar reach
... a further boost today with the signing of an agreement between the Green Climate Fund and India’s National Bank ... across Indian rooftops. It will be carried out by TATA Cleantech Capital Limited, following the initial transfer of ... finance body which is also a GCF Direct Access Accredited Entity . Attending the signing ceremony on the ...
Article > Press release India 
GCF supporting energy transformation in SIDS
... State in the Asia-Pacific region, is highly vulnerable to climate change. Despite having a huge potential for ... fossil fuel-based energy generation and achieve its NDC targets of generating half of electricity from renewable sources ... Telep Renewable Energy Senior Specialist +82 32 458 6326 Tonga Songdo GCF supporting energy transformation in SIDS ...
Article > Press release Tonga 
Climate finance drives down renewable price in Egypt by half
... investment has helped halve the cost of producing renewable energy in Egypt by using new ways to capture private ... and Development (EBRD) for the past few months to implement a USD 1 billion project aimed at creating a new ... private investors to kickstart a new renewable energy market. It is also supporting the Egyptian Government’s stated ...
Article > Press release Egypt 
Climate costs will rise sharply if we miss 1.5 degree target, GCF conference hears
Climate finance is a moral obligation, while inadequate action leading to global temperatures over 1.5 degrees Celsius will ... ended today in Incheon, Republic of Korea. UN Deputy Secretary General Amina J. Mohammed told GCF’s inaugural ...
Article > Press release 
Green Climate Fund pledges ambitious response to IPCC alarm bell
... IPCC Vice-Chair, warned of the dangers of a warmer world while outlining the findings of the 1.5C report to an audience ... of warming of 1ºC through more extreme weather, rising sea levels and many other changes. The reports shows us that ... he said. “It is hitting them hardest, and fastest - whether through rising sea levels threatening Pacific islands ...
Article > Press release 
Dialogue opens new opportunities in Eastern Europe and Central Asia
... Prime Minister Zokirzoda Mahmadtoir Zoir, will bring together representatives from 13 countries across the region to accelerate climate action. Participants include representatives ... to GCF, high-level officials, numerous international Accredited Entities, entities that have been nominated for ...
Article > Press release Multiple countries 
GCF and GEF harmonise steps to follow developing country lead in climate finance
... take joint steps to improve climate finance flows to best meet the needs of developing countries in tackling the global climate challenge. The heads of the two organisations, GCF Executive ... United Nations Framework Convention on Climate Change (UNFCCC). “It is essential that we continue to strengthen the ...
Article > Press release 
Sri Lankan President meets GCF Executive Director to boost climate action programme
... climate impacts are already emerging during a recent meeting with GCF Executive Director Howard Bamsey designed to ... in Sri Lanka,” said President Sirisena. “Rice, as a staple food for the country, has always been produced in the ... will enhance the country’s ability to develop and implement GCF projects. In forming climate solutions, “it is ...
Article > Press release Sri Lanka 
Colombian President calls for enhanced public-private climate action
Colombian President Juan Manuel Santos Calderón called for urgent public-private sector cooperation in tackling ... "Both the public and private sectors should work together towards developing sustainable solutions that are relevant to each region," said ...
Article > Press release Colombia 
Winter Olympics begin with key message on planetary cooperation
... Asia, the headquarters of the Green Climate Fund, the link between sports and sustainability has become clearer. The Republic of Korea's first hosting of the Winter ... United Nations Framework Convention on Climate Change (UNFCCC) with an initial pledge of over USD 10 billion. ...
Article > Press release Republic of Korea (the) 
GCF charts progress and ambition at COP23 side event
... “This will require changing many of our processes, and better linkages between different parts of the GCF ... Ayaan Adam said 2017 was a critical year for GCF in implementation, approval of projects and disbursement. “When ... aimed at supporting project proposals from direct access Accredited Entities. Pa Ousman Jarju, director of GCF’s ...
Article > Press release 
Germany, Incheon City raise awareness on climate conflict and cooperation at GCF Headquarters
... such as this are critical to engage citizens in the complex issues of climate change and, more importantly, to point ... of the opening of the exhibition in Songdo, which coincided with the opening of the 23rd UN Climate Summit in ... same day. “The exhibition seeks to spark public debate between governments and civil society on the various risks ...
Article > Press release Germany Republic of Korea (the) 
GCF and ADB sign agreement to help Fiji address its water challenge
... Agreement (FAA) on Monday in Nadi, Fiji prepares the legal groundwork for GCF to begin transferring its USD 31 ... Solomon Islands, Tuvalu, and Vanuatu.” The ADB, a GCF Accredited Entity , announced during the signing it expects to ... Pacific island member countries to over $USD500 million between 2017 and 2020. ADB Vice-President Stephen Groff added ...
Article > Press release Fiji 
GCF project seed funding to help grow agricultural resilience in Morocco
If you enjoy citrus fruit, you most likely have tasted a clementine from Morocco, and there is a good chance it was ... and sustainable. ADA is one of GCF’s 54 Accredited Entities, becoming a GCF partner in March 2016. One ... for innovative high-quality project design, and pre-requisite for a GCF funding proposal. This is the Fund’s second ...
Article > Story Morocco 
GCF Board Strengthens Fund’s Operations
... USD 2.2 billion in funding for 43 projects to be implemented in 64 countries. The Board considered lessons ... pipeline of proposals. The Board also approved the accreditation of six new partner organisations, including four ... of the GCF Board meetings are available on GCF’s website . The 18th meeting of the GCF Board will be held from ...
Article > Press release 
GCF begins first REDD+ transfer
... to the United Nations Development Programme (UNDP), a GCF Accredited Entity, marks a key milestone for the Fund. It is the first time GCF is ... financing to assist this South American nation halt net deforestation by 2020. GCF’s investment will co-finance ...
Article > Press release Ecuador 
UNDP head welcomes flow of GCF funds to the Maldives
... of GCF funds to an adaptation project run by the UNDP. While surrounded by water, many people in the outer islands of ... of Environment and Energy and the UNDP, which GCF has accredited to implement the project. “We are delighted that ... low-lying coral islands spread over 90,000 square kilometres – puts this South Asian nation at the forefront of ...
Article > Press release Maldives 
GCF focuses on getting funds flowing
... pace, following a major focus of the Fund this year on implementing approved projects. In GCF’s most recent ... grant to help Peru’s indigenous communities manage wetlands to avoid deforestation and the release of peatland ... To achieve this aim, GCF is working closely with Accredited Entities, which propose and carry out funding ...
Article > Press release 
CAF looks past Peru disaster to bank on climate future in Latin America
... this year have sharpened the climate and development challenges facing Peru and its neighbours, according to Antonio ... sustainable development and fulfil their Nationally Determined Contributions under the Paris Agreement,” he ... a GCF instigator of change in Latin America since its accreditation as one of the Fund’s Direct Access Entities in ...
Article > Story Peru 
GCF Readiness Results - Vanuatu
At the fifteenth meeting of the GCF Board (B.15) in December 2016, the Pacific ... Services for Resilient Development project to be implemented by the Secretariat of the Pacific Regional ... the GCF, the Ministry of Climate Change, and the regional accredited entity SPREP submitted a Readiness proposal to GCF ...
Article > Press release Vanuatu 
GCF Readiness Results - Antigua and Barbuda
... of Antigua and Barbuda is one of the first countries to complete their roadmap for engagement with the GCF. Its Country ... focus on preparing its project pipeline and advancing accreditation to the Fund. In parallel, it will expand ...
Article > Press release Antigua and Barbuda 
Results needed to tackle forest roots of climate challenge
... achieve in keeping their forests intact is essential to meet the global climate challenge, according to Jonah Busch, a researcher with the ... century well below 2 degrees Celsius above pre-industrial levels. Net deforestation is currently responsible for ...
Article > Press release 
GCF approves eight projects at its first Board meeting in 2017
... 265 million for the GEEREF NeXt programme financing renewable energy and energy efficiency projects across five regions ... organizations, National Designated Authorities (NDAs), Accredited Entities, and GCF Delivery Partners. Video ... 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 Framework Agreements with UNDP, UNEP and GIZ to support country readiness
... Programme (UNEP) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, enabling the three ... chosen UNDP, UNEP or GIZ as delivery partners in the implementation of their respective GCF Readiness Programme ... "The finalization of this agreement means we can now get to work as a Green Climate Fund delivery partner,” said ...
Article > Press release Multiple countries 
GCF Board approves USD 745 million in funding proposals
The Green Climate Fund (GCF) has reached a new milestone today with the approval of USD 745 million in funding proposals at its fourteenth meeting. The 10 projects and programmes have a total value of ... expanded the Fund’s group of partner institutions by accrediting the following eight organisations, bringing the ...
Article > Press release 