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GCF and AfDB partner to increase renewable power in Zambia
... are working together to support a USD 154.0 million renewable energy financing framework in Zambia. Historically, ... power needs, the framework will deploy alternative energy sources by financing 100 MW renewable energy projects, ... Climate Fund. “The agreement signed today marks a new milestone in our ambitious cooperation with the AfDB, which ...
Article > Press release Zambia AfDB 
Green Climate Fund joins the Collaborative Partnership on Forests
... global efforts to end deforestation and ensure the sustainable management of forests and trees, the CPF announced today. ... of the CPF member organizations towards the sustainable management of the world’s forests and achieving global ... climate change, preserve biodiversity and create new sources of livelihoods. GCF is delighted to be joining the ...
Article > News update 
UK pledges record $2 billion climate action funding for GCF at G20
... announcement of a USD 2 billion (£1.62 billion) pledge for its second replenishment (GCF-2). The announcement was made by Prime ... of GCF, contributing to the Fund since its initial resource mobilisation period. The UK contributed £1.44bn to ...
Article > Press release 
India - Green Climate Fund Readiness & Preparatory Support – Phase III
... Union Territories (UTs) to actively engage with the NDA for leveraging available resources from GCF. The GCF Country ... finance in the country and also allow India to apply for future multiple-year strategic readiness activities. Current ... Programme-update, Readiness Needs Assessment, Green Credits Framework etc.) at the national and state levels ...
Document > Approved readiness proposal India UNDP
Mainstreaming Climate Resilience into Water Sector Planning, Development and Operations in Saint Lucia
... climate resilient infrastructure to ensure safe and reliable water supply and sewerage services. Limited communication ... The private sector will include commercial banks and credit unions who can provide financing for water sector ... enhance WASCO’s ability to support the implementation of future GCF Water Sector Projects including the water sector ...
Document > Approved readiness proposal Saint Lucia CDB
Agreement set to increase India's rooftop solar reach
... 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 ... 40 percent of its electric power from non-fossil fuel sources by 2030. In the lead up to COP24, India joined other ...
Article > Press release India NABARD 
GCF supporting energy transformation in SIDS
... State in the Asia-Pacific region, is highly vulnerable to climate change. Despite having a huge potential for ... targets of generating half of electricity from renewable sources by 2020 and 70% by 2030, the GCF Board approved the ... Telep Renewable Energy Senior Specialist +82 32 458 6326 Tonga Songdo GCF supporting energy transformation in SIDS ...
Article > Press release Tonga ADB 
Dialogue opens new opportunities in Eastern Europe and Central Asia
... 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 ... Responding to numerous project ideas and proposals over the past couple of years, GCF has so far committed USD 391.5 ...
Article > Press release Multiple countries 
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 ... support of these efforts in close coordination with GCF Accredited Entities and other sources of finance supporting forest conservation and ...
Article > Press release Côte d'Ivoire 
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 ... has marshalled together a novel mix of different funding sources in creating SnCF Global to generate climate ...
Article > Press release IUCN 
Dialogue prioritises increased climate investment to address fragility and conflict
... Climate Fund’s (GCF) Sub-Regional Dialogue with Fragile and Conflict-Affected States in the Middle East has heard ... contexts. Government representatives from Iraq, Lebanon, Palestine, Syria, and Yemen highlighted the need for increased ... escalating climate risks. GCF is fast becoming the leading source of climate finance for fragile and conflict-affected ...
Article > News update Oman 
Samoan and Australian ministers welcome delegates to the GCF’s first Pacific Board meeting
... Senator the Hon Concetta Fierravanti-Wells, have welcomed delegates to the first GCF Board meeting to be held in the ... progress over the last 12 months and stressed the crucial role that the Fund must play in supporting climate resilience ... Samoa facilitated a visit by GCF Board members to several sites on the island of Upolu affected by climate change and ...
Article > Press release Samoa 
Scaling up ecosystem-based approaches to managing climate- intensified disaster risks in vulnerable regions of South Africa
South Africa is highly vulnerable to the impacts of climate variability and change, ... and risk of these extreme events, especially for vulnerable rural communities. The objective of the project entitled ... at the local level: Selection of Candidate Implementation Sites Baseline Study and Vulnerability Assessment ...
Document > Approved project preparation funding application South Africa SANBI
Establishing an Evidence-Based National Adaptation Plan (NAP) process at National and Subnational Scales in Cambodia Phase 1
... and scientific capacity in Cambodia to formulate and implement national, sectoral, and subnational climate change ... Indirect beneficiaries will include current and future students at domestic universities, the government ... universities, the residents of one municipality that is the site for outcome 2 activities, and Cambodian people that ...
Document > Approved readiness proposal Cambodia
SAP053 - FISH-ADAPT: Transforming climate resilience and sustainability in Saint Lucia's fisheries communities
... Lucia’s fisheries and coastal sea moss farms are the accelerating rate of sea level rise (SLR), ocean acidification (OA), increasing sea ... of boat ramps, jetties, storage buildings and processing sites against storms and sea level rise. The project will ...
Project > Public sector Saint Lucia FAO 
UN forum side event highlights need for GCF replenishment
The Green Climate Fund needs to be strengthened by a replenishment of its funds from contributors this year as a ... moment, but because it has the potential to increase its resources significantly.” “We need the Fund to be able to ... Morris, President of Conservation International, a GCF Accredited Entity, said climate change requires “radical ...
Article > Press release 
COP27 summit host Egypt is first country to adopt Climate Investment Plan in partnership with Green Climate Fund
... Investment Plan – a move which could significantly accelerate efforts by Egypt to combat climate change by ... Climate Fund is an important piece of the puzzle. Over the past decade, GCF has made significant progress in realising ... on Egypt’s Climate Investment Plan can be found on our website. Egypt COP27 summit host Egypt is first country to ...
Article > Press release Egypt 
Efforts to save the Amazon offer triple win: Improving human, environmental, and economic health and wellbeing
Joint measures that tackle climate change and the Covid-19 pandemic must place the ... of 17 percent of the Amazon rainforest during the past 50 years. In Ecuador, the expansion of frontier lands ... instruments are aligned with the Plan by orienting public credit lines towards sustainable farming practices in ...
Article > Story Ecuador UNDP 
GCF commits to support climate resilient transformation at Climate Adaptation Summit
... the increasingly damaging effects of climate change, while overcoming COVID-19 fiscal constraints. That was the ... of its USD 7.3 billion committed resources during the past four years specifically in adaptation measures. A number of developing country leaders credited GCF support for current inroads their countries are ...
Article > Press release 
GCF convenes partners to bolster climate action amid global uncertainty
... next week, bringing together Ministers and national leaders, Chief Executives and business leaders and a range ... GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to provide a ... Acumen And many more. Please see the GPIC 2022 website for full details of the sessions and complete list of ...
Article > News update 
GCF to scale up access, impact, and private sector investment through “50by30” roadmap
As the Green Climate Fund (GCF) undergoes its second replenishment and prepares for its next four-year programming ... held Scaling Up Access and Impact on 4 December where the future direction for the Fund was presented. At GCF’s ... Climate Resilient Fund (ICRF), of which AFC is a GCF accredited entity and implementing partner for ICRF. "The ...
Article > News update 
GCF, CABEI, and the European Union unite to finance Costa Rica’s GAM electric train
... 250 million from the European Investment Bank. Thanks to a credit scheme with highly competitive interest rates and ... 30 stations, two completely new terminals, and nine overpasses, which will allow for continuous, high-quality ... of a project that builds a more just and sustainable future for all.” Together with our strategic allies, the ...
Article > News update Costa Rica CABEI 
Enabling Direct Access to GCF Climate Finance for Cabo Verde
... wishes to engage in a readiness process in order to enable a national entity to be approved as a direct access ... the country ownership by delivering the first national accreditation of a DAE. After a strong consultation process ... along with support for pipeline development for the future DAE’s staff, relevant government institutions, ...
Document > Approved readiness proposal Cabo Verde LuxDev
GCF support to the Great Green Wall
... in the west to Sudan in the east is particularly vulnerable to climate change ( Figure 1 ). Temperatures rising 1.5 ... of the world are causing more intense droughts and floods, leading to increased desertification and degradation and ... the need for tackling the development and climate challenges at local, national and regional scale. Data on this ...
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Guidelines on the participation and conduct of advisers in Board meetings
Adopted by decision B.04/11. Establishes the procedures of advisor participation in Board meetings and conduct of advisors.
Document > Policies, strategies, and guidelines
Guidelines relating to the observer participation, accreditation of observer organizations and participation of active observers
... These guidelines relate to observer participation and the accreditation of observer organizations, and to the selection and participation of active observers. Board Guidelines relating to the observer participation, accreditation of observer organizations and participation of ...
Document > Policies, strategies, and guidelines
Compliance risk policy (Component VIII)
Adopted by decision B.23/14. The compliance risk policy provides a framework to deal with compliance risks.
Document > Policies, strategies, and guidelines
Revised risk register (Component I)
Adopted by decision B.17/11 (a) (i). Adopts the risk register which provides a comprehensive list of non-overlapping risk types that concern the GCF.
Document > Policies, strategies, and guidelines
GCF's first REDD+ results-based payment boosts financial incentive to protect forests
... of UNFCCC negotiations into payments for achievement of past activities on the ground. "This results-based payment ... like Brazil to halt deforestation can, and should, be acknowledged," said Mr Chang. Brazil will reinvest the USD 96.5 ... keeping carbon locked in the landscape. Its use as a major source of funding for demonstrated achievements by ...
Article > Press release Brazil 
Capacity Building to Monitor the Agriculture, Forest and Other Land-Use Sector in the National Determined Contributions, and enhancement of Climate Finance Access in the Plurinational State of Bolivia
The Plurinational State of Bolivia is highly vulnerable to climate change, generating and exacerbating droughts, ... end of the 21st century. Therefore, surface and groundwater sources highly vulnerable to the impacts of climate change ... funding management. A list of national entities to be accredited to the GCF will also be formulated. Strategic ...
Document > Approved readiness proposal Bolivia (Plurinational State of) FAO