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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 ... of SRMI-Resilience’s FAA, the World Bank, as the accredited entity, can now rapidly move from approval to ... a key priority to ensure a safer and more prosperous future. Our partnership with the GCF allows us to more ...
Article > News update WorldBank 
GCF and DBSA partnership to boost climate investments in the Southern Africa region
... kick-off the programme to break market barriers and accelerate investments into climate projects. The Southern ... Contribution (NDC). Significant investments beyond public resources are needed to tackle the challenge, and mobilising ... USD 56 million, will break these barriers by providing credit enhancements such as subordinated debt tranches and ...
Article > Press release Multiple countries DBSA 
GCF helps reduce renewable business costs in South Africa
... Climate Fund (GCF) will help drive down the price of renewable energy in South Africa by boosting the private sector’s ... to reduce the cost of investing in South African renewables on the sidelines of GCF’s second Private Investment ... to be implemented by DBSA, provides credit support to renewable energy projects – with a ...
Article > Press release South Africa DBSA 
Scaling the role of climate finance after COP27
... 2023 to assess the outcomes of COP27, particularly the role of climate finance and how to scale its impact for ... 80 per cent of yearly global climate finance, since higher credit ratings and a more threatening investment ... one-off projects. Steer argued that climate finance of the future must flow towards ‘positive tipping points, where ...
Article > News update 
From salty waters to stronger futures: crab farming boosts livelihood resilience along Bangladesh’s coast
... with low-lying terrain. The saltwater inundation has left the land unable to sustain the crops of what was once a ... of income for local farmers. A coastal lifeline: crab hatcheries To support and enhance the resilience of the ... Dastur Bangladesh FP206 From salty waters to stronger futures: crab farming boosts livelihood resilience along ...
Article > Story Bangladesh PKSF 
Mayan youth promoting nature-based solutions for sustainable agriculture in Guatemalan highlands
A group of 30 young people in San Juan Comalapa, Guatemala, leverages sustainable ... well as sustainable agricultural activities. The programme sources opportunities for young people in San Juan Comalapa ... of Natural Resources and the Environment in Guatemala (FCG) and Rafael Landívar University. It is being ...
Article > Story Guatemala IUCN 
Improving Brazilian’s capacity to support the development of a national sustainable solid waste Management program in the coastal zone
... from the waste sector. More than 80% (2,655 of 3,256 sites) of the dumps that should have been closed in 2014 ... with the closure of dumps; however, they have a limited knowledge and technical and policy guidance for the adoption of ... This proposal will promote the development of knowledge of the status of MSW management in the coastal zone of ...
Document > Approved readiness proposal Brazil IICA
Thirty-eighth meeting of the Board
... Time (UTC +2). Thursday, 7 March will be dedicated to a site visit. Constituency meetings and meetings of Board ... 3 March. Technical sessions on funding proposals and accreditation proposals open to active observers will take ... in due course. The logistics note for the meeting is available on the GCF website. The online registration system (ORS) ...
Document > Notification
FP184 - Vanuatu community-based climate resilience project (VCCRP)
Vanuatu is one of the world’s most vulnerable countries to the effects of climate change. The nation is ... and restoring 11,600 hectares of agricultural and fisheries sites; and training smallholder farmers in climate-resilient ... agriculture techniques and fishers in effective coastal resource management. FP184 Vanuatu 1 2 3 4 5 6 1 2 440 703 ...
Project > Public sector Vanuatu SCA 
The voices of Datem del Marañón: Protecting one of the most biodiverse ecosystems in the world
... province is home to a diverse ecosystem with more than 261 species of birds, unique marine life, and aguaje, one of ... in South America. For hundreds of years, the Amazonian people have understood that to live in kinship with nature, they ... in this northern Peruvian province manage their wetland resources in ways that avoid deforestation and the ...
Article > Story Peru 
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 Nigeria’s Cross River State Investment Ready for REDD+
... (2) submitted a sub-national forest reference emission level (FREL) to the UNFCCC, (3) established a sub-national ... components: firstly, activities will focus on supporting future access to REDD+ results-based payments from both market and non-markets sources through improving the forest emissions monitoring ...
Document > Concept note Nigeria UNDP
EBRD and Green Climate Fund join forces to support major renewable energy project in Egypt
... up to make a major contribution to a USD$ 1 billion renewable energy project in Egypt. The funding supports the ... Government’s Sustainable Energy Strategy, which aims to source 20 percent of Egypt’s energy from low emission ... arrangements to implement projects between GCF and its Accredited Entities, such as the EBRD. GCF currently has 54 ...
Article > Press release Egypt EBRD 
Readiness Support for the Accreditation of Kasikornbank, Updating of Thailand’s Country Programme, Development of Climate Finance Strategy, and Design of Blended Circular Economy Financing Facility
... and advanced waste management practices. Support DAE accreditation of Kasikornbank with the GCF and technical ... process. Kasikornbank is Thailand's second largest lender by assets. The bank has already implemented various ... and private financing from both domestic and international sources associated with climate policies and country’s ...
Document > Approved readiness proposal Thailand GGGI
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 carbon economy, both ... (operational risk) and indirectly, through their portfolio (credit and market risk), depending on the location of their ...
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 ... conceptualised by the Barbados Prime Minister Mia Mottley to help Caribbean countries to meet their targets for ... Contributions and achieve a climate-resilient low-emission future. The aim is for BGIC to become a major institution ...
Article > Press release Barbados PCA 
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 ... flagship interventions since the needs are many but resources are few. Innovative: BRD will structure ...
Document > Approved readiness proposal Rwanda PwC
GCF at COP28: A wrap up of outcomes at COP28
... fossil fuels after two weeks of intense negotiations. While stopping short of a ‘phaseout’ of coal, oil and gas, ... agreements (Funding Activity Agreements) were signed with Accredited Entities to launch new projects recently approved ... Look back on GCF events at COP28 Visit the GCF@COP28 microsite . Watch the GCF@COP28 video . Dubai GCF at COP28: A ...
Article > News update 
Accelerate Morocco s readiness to implement the climate change policy at a large-scale level
... and on the Study “Identification des priorités nationales en termes d’ adaptation et d’ attenuation et liste ... programs identified, assessment of potential funding sources / investors, financial instruments, business models) ...
Document > Approved readiness proposal Morocco GIZ
Support to Direct Access Entity in Cambodia to meet accreditation conditions
... (NCDD) is the first Direct Access Entity (DAE) accredited for Cambodia (in 2019), with an essential role to channel climate change grants to sub-national level ... these remaining gaps. NCDDS has allocated some of its own resources and is also receiving support from some development ...
Document > Approved readiness proposal Cambodia NCDD
NDA Strengthening and Country Programme update for Vanuatu
To ensure GoV’s planning, implementation and monitoring of climate finance, the NDA office needs management systems that enable them to fulfil their role, responsibilities and policy ... as the limited availability of technical and financial resources to do so. In addition, Vanuatu’s GCF CP will ...
Document > Approved readiness proposal Vanuatu SPC
Building Grenada’s Strategic Framework to Enhance the Country’s Capacity to Transition to Low Emission Development
... on fossil fuels, the country is having a huge renewable energy access problem which is compounded by the lack of ... development pathway to harness its indigenous energy sources such as solar, wind and geothermal. Furthermore, a ... low emission development technologies such as electric vehicles to reduce emissions in the transportation sector. While ...
Document > Approved readiness proposal Grenada CCCCC
GCF/B.36/09 - Readiness and Preparatory Support Programme: Revised Strategy 2024 – 2027
... investments to promote paradigm shift and advance the implementation of the United Nations Framework Convention on ... implementation of climate investments from GCF and non-GCF sources. This revised Readiness Strategy builds on the ... guidance from the Conference of the Parties to the UNFCCC; relevant Board decisions; and Independent Evaluation ...
Board document > Action item
Scaling-up public private co-investments for climate action in agrifood systems
... systems in each participating country, including system-level analyses of climate priorities, financial gap assessments, resource mobilization plans, and matching investment needs ... tools, fostering partnerships, capturing, and disseminating lessons learned, and leveraging existing agrifood and SME ...
Document > Approved readiness proposal Multiple countries FAO
Vatican and R20 Austrian World Summit: Finance is key to tackling climate crisis
... against climate change, finance must be used to invest in clean energy in order to transition to a green economy and ... Paris, of USD 100 billion per year, from public and private sources in developed countries, to advance mitigation and ... have adopted, for the sake of humanity today and in the future. This is a basic commitment," said Pope Francis, ...
Article > Press release Austria 
Making Nigeria’s Cross River State Investment Ready for REDD+
... strides towards REDD+ readiness and is unique in its clear sub-national approach to REDD+. The State has developed ... components: firstly, activities will focus on supporting future access to REDD+ results-based payments from both market and non-markets sources through improving land use change monitoring and ...
Document > Concept note Nigeria UNDP
GCF Readiness and Preparatory Support in Cuba
... Guideline No.11 states: "To manage and use the available international financial resources, both from global and regional climate funds, and ... ". Despite these efforts, the work at national level still faces several barriers and limitations, ...
Document > Approved readiness proposal Cuba UNDP
Enhancing the capacities of Banco de Desarrollo de Ecuador B.P. (BDE) to support its accreditation to the Green Climate Fund
Ecuador's financial sector can play an important role in mobilizing climate finance resources through financial intermediation activities and as a ... finance. However, at present, there are no GCF-accredited Direct Access Entities (DAE) in Ecuador. This has ...
Document > Approved readiness proposal Ecuador IICA
Mobilizing International Climate Finance and Private Investments for Low-Carbon Development in the Dominican Republic
... climate finance and private investments for the implementation if the nationally determined contribution (NDC) ... to access international climate finance by supporting the accreditation of two candidate Direct Access Entities (DAEs) ... with the goal of creating 436,065 new green jobs by 2026. Dominican Republic (the) Mobilizing International ...
Document > Approved readiness proposal Dominican Republic (the) GGGI
Groundwork for e-mobility investments in Lao PDR
Lao PDR has no domestic petroleum resources, the country fully relies on imports, and more than ... Mines, users, banks, as well as suppliers of electric vehicles and charging stations, this Readiness program will ...
Document > Approved readiness proposal Lao People's Democratic Republic (the) GGGI