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UN Climate Summit paves the way for an ambitious and successful replenishment of the Green Climate Fund
Calls from UN Secretary-General António Guterres to double contributions to the Green Climate Fund were met by ... of the Climate Action Summit. The new climate finance resources announced this week as well as those already made ... building activities (known as readiness support) helping 126 developing countries identify and address their most ...
Article > Press release Multiple countries 
GCF private sector conference makes business case to lower planet's climate costs
... how the Green Climate Fund’s Executive Director Yannick Glemarec articulated his call for enhanced business action to ... towards climate action. “Businesses cannot afford to be passive about climate change,” said Mr Glemarec. ... a roadmap leading to a zero-carbon and climate-resilient future. GCF and other actors in the climate finance space ...
Article > Press release 
Climate investments critical for post-COVID recovery: GCF conference highlights mobilisation of private capital to green developing economies
... concluded today, stressed the private sector’s critical role in resourcing developing countries to implement green economic ... and financing across the globe to secure our joint climate future”. Many investors highlighted the role of ...
Article > Press release 
Barbados, Belize PMs hail ‘essential’ GCF role in Caribbean
Caribbean leaders warned the region is facing the twin threats of ... 5 hurricanes which swept through the region during the past 7 years. GCF support is intended to help Caribbean ... involvement, enhancing adaptation planning and making GCF resources more accessible within the Member States of the ...
Article > Press release 
A ‘vaccine’ for tropical forests?
... that we may require something that is “ultra-large-scale industrial in 10 to 20 years”. The sense of ... forests is enormous, but its consumption is also unquantifiable. If we think about the role many tropical forests ... industrial solutions for carbon capture need to encompass forest restoration. Young trees capture carbon at a ...
Article > Insights 
The multilateral climate funds are working together to enhance complementarity and collaboration
The Multilateral Climate Funds play a critical role in stimulating climate action that can accelerate the ... United Nations Framework Convention on Climate Change (UNFCCC). The mission of the AF is to accelerate and enhance ... enhancing partnerships at national, regional, and global scales based on the principle of sectoral integration and ...
Article > Statement 
GCF publishes tentative timelines for B.31 and B.32
... B.31 and B.32 are presented below, respectively. Key milestones for B.31 (Tentative) Dates or indicative # of days ... to the Secretariat as soon as possible for consideration at future Board meetings. *Per paragraph 17 of GCF’s ... proposal template is currently under consultation with Accredited Entities for updates, with a target date for the ...
Article > News update 
Reflections by GCF experts on latest IPCC report – a glimmer of hope?
... the Intergovernmental Panel on Climate Change (IPCC) released “Climate Change 2022: Impacts, Adaptation and ... and the elderly in low-income households, Indigenous Peoples, minority groups, and small-scale producers are hit ... now, but where new approaches could be available in the future) and hard limits (where existing options stop being ...
Article > Insights 
Green Climate Fund Board streamlines access to finance in major accreditation review USD 187.7 million also approved for new climate projects
... Fund (GCF) Board has approved major changes to its accreditation framework to streamline access to climate ... which concluded today. The changes will enhance and accelerate access to finance by developing countries, including ... The Board also allocated USD 187.7 million of new GCF resources for climate action, increasing its portfolio to USD ...
Article > Press release 
GCF publishes revised timeline for B.32 and tentative timeline for B.33
... periods for B.32 and B.33 are presented below. Key milestones for B.32 (Tentative) Dates or indicative # of days ... to the Secretariat as soon as possible for consideration at future Board meetings. *Per paragraph 17 of GCF’s ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
Green Climate Fund Board approves new climate funding, bringing assets under management to USD 40 billion
... conditions of GCF’s financing instruments. A draft accreditation strategy was discussed with the consideration of ... exchanges with all potential contributors to set GCF’s future direction.” GCF Executive Director Yannick Glemarec stated: “The past four days of the Board meeting have been highly ...
Article > Press release 
GCF partners with FAO on two major climate-resilience projects in Benin and the Gambia
... Welcoming the projects, GCF Executive Director Yannick Glemarec said: “GCF is proud to partner with FAO on these projects in Benin and Gambia, which will help vulnerable rural communities to increase their resilience to climate ... by climate change.” FAO Deputy Director-General, Maria Helena Semedo said: “FAO welcomes the approval of these ...
Article > News update Benin Gambia FP187 
GCF conference opens with calls from developing countries for increased finance for climate action
... convened more than 60 developing country Ministers and high-level officials alongside a broad range of partners in the ... GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to provide a ... track record combined with a compelling vision for the future.” Mark Brown, Prime Minister of the Cook Islands, ...
Article > Press release 
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
... a Funding Activity Agreement (FAA) to rapidly begin the implementation of a USD 42.9 million project (with USD 36.2 ... Agreement, a crucial part of the framework between the Accredited Entity (AE) and the country, was signed between FAO ... the right direction as it sets the positive precedence for future projects to reach the same milestone. His ...
Article > News update FP199 
GCF and World Wildlife Fund sign key Colombia landscapes agreement
... Wildlife Fund (WWF) have signed an agreement to rapidly implement an innovative project which aims to support more ... partners as HECO is a strategic project, not only for the future of our country, but of the entire planet.” Full details of the project are available on the GCF website. FP203 GCF and World Wildlife Fund sign key Colombia ...
Article > News update FP203 
Letter from the Executive Director: reflections and farewell
... to thank all of you for your support in helping GCF accelerate the transition to a low-emission, climate-resilient world. Over the past four years, we have had to face the challenges of ... the journey towards a low-emission, climate-resilient future. Thank you all. Yours, Yannick Glemarec ED’s ...
Article > Speech 
GCF publishes timelines for B.36
... and key time periods for B.36 are presented below. Key milestones for B.36 Dates or indicative # of days Days from ... to the Secretariat as soon as possible for consideration at future Board meetings. The timing of GCF Board consideration ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
GCF Regional Dialogue with Latin America sets to further accelerate climate action in the region
... concluded in Montevideo, Uruguay. Running on 24-26 July, 2023, the event aimed to accelerate climate action ... Direct Access Entities , representatives of International Accredited Entities active in the region, Readiness delivery ... productive exchanges and laid the foundation for future partnerships to drive climate action forward. A side ...
Article > News update 
GCF publishes timelines for B.37
... and key time periods for B.37 are presented below. Key milestones for B.37 Dates or indicative # of days Days from ... to the Secretariat as soon as possible for consideration at future Board meetings. The timing of GCF Board consideration ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
GCF Regional Dialogue with Africa brings over 200 participants to support the region with innovative climate action
... and decision-makers, fostering collaboration and peer learning to drive low-carbon, climate resilient initiatives ... (NDAs), Ministries of Environment, Ministries of Finance, accredited Direct Access Entities, international Accredited ... further updates, please regularly check the official GCF website or contact the GCF Regional Desks of Africa. GCF ...
Article > News update 
Delivering climate action: GCF and partners sign agreements for six new projects
... were signed by the Green Climate Fund (GCF) and its Accredited Entity (AE) partners on the margins of GCF’s 37th ... . The FAAs, which contain a set of conditions to be fulfilled by the AE, must be negotiated and signed by GCF and the ... literacy, and enhance their access to available financial resources such as through the creation of a reserve fund. ...
Article > News update 
Climate Funds unite to enhance access to climate finance and increase impact
... the impacts of climate change grows, the need for collective action becomes more evident. For the first time ... efforts to better align mobilisation and delivery of resources within the broader system of multilateral ... in building country capacity to access the Funds in the future. Mikko Ollikainen, Head of the Adaptation Fund, ...
Article > News update 
Moving from planning to action: The NDC partnership and the Green Climate Fund launch the Climate Investment Planning and Mobilization Framework
As global leaders are convening at COP28 in the United Arab Emirates, ... to communicate their priorities, needs, challenges and lessons learned, as we collectively work towards planning ... and its accompanying guide are presented as living resources, expected to evolve through ongoing consultation, ...
Article > News update 
Green Climate Fund and Somalia: Accelerated USD 100 million investment partnership
... Director, Mafalda Duarte headed the first-ever GCF delegation to Somalia, announcing an accelerated programme of ... by Somali institutions to readiness (capacity building) resources, to develop further institutional capacity, ... United Nations Framework Convention on Climate Change (UNFCCC) and serves the 2015 Paris Agreement, supporting the ...
Article > Press release Somalia 
Green Climate Fund and Meridiam unveil ambition and opportunities for impactful climate investments
... early October to identify opportunities to mobilise and scale up capital for more ambitious climate action in ... for us, the best return on investment is a climate-safe future for everyone, not just the bottom line.’ GCF has ... United Nations Framework Convention on Climate Change (UNFCCC). It serves the 2015 Paris Agreement, supporting the ...
Article > Press release 
Ambition and coordination key to climate finance reform
... climate action, supporting the world’s most vulnerable communities. Such a system would improve the quantity, ... and focused and to find pragmatic ways to pool our resources so that they can be more effectively leveraged,” ... achievable. For more information, visit the GCF COP29 microsite: https://cop.greenclimate.fund/ Ambition 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 assistance ... of financial solutions tailored for each landscape, encompassing grants and technical support for farmers, ... and its leadership in partnering with Indigenous Peoples and local communities. “Regenerative and ...
Article > Press release 
Green Climate Fund to Support Development of Conservation International Initiative to Transform Water Security in Bogotá
... project aims to reduce climate risk for half a million people from highly vulnerable rural communities and 250,000 ... financial solutions that leverage private and public resources, increasing climate-resilient work opportunities, ... is a critical first step toward building a more resilient future for Bogotá and its surrounding regions. This ...
Article > Press release 
Pioneering Barbados water project kick starts
... Barbados today announced that a groundbreaking project that leverages an innovative financing model to scale up climate ... of marine ecosystems, nearshore reefs, and groundwater resources and safeguard public health. Prime Minister Hon. Mia ... GCF Executive Director Mafalda Duarte: ‘Today is a milestone moment that clearly signals Barbados’ regional and ...
Article > Press release Barbados FP251 