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Countries step up ambition: Landmark boost to coffers of the world’s largest climate fund
... urgency of addressing climate change took an historic step forward today with 27 countries pledging to replenish the ... Parties in Spain (COP25) on 2-13 December 2019 and at COP26, to be co-hosted by the United Kingdom and Italy in ... United Nations Framework Convention on Climate Change (UNFCCC) established GCF in 2010 to direct climate finance to ...
Article > Press release 
GCF convenes global forum to accelerate green recovery in developing countries
... institutes and the private sector participated in a global forum to explore innovative solutions to help developing ... was held on the sidelines of the High-Level Political Forum on Sustainable Development , the UN’s annual stock ... Asia and the Commonwealth. “The UK is the host of COP26 in Glasgow next year and is committed to a sustainable ...
Article > Press release 
GCF Private Investment for Climate Conference 2020
The third annual GCF Private Investment for Climate Conference (GPIC) explored how to generate the ... to share experiences, innovations and best practices for scaling up public-private partnerships. The conference ... and Beyond, and the 2021 UN Climate Change Conference (COP 26). Investors at the third GCF Private Investment for ...
Event > Events organised / involving GCF 
Green Climate Fund Board approves USD 1 billion for climate action, sets out strategic vision
... Fund (GCF) Board has given a major boost to climate finance for developing countries with the approval of over USD 1 billion of funding for low-emission, climate-resilient development. The 27th ... Climate Fund (SnCF Global) – Equity with PCA (FP152) USD 26.7 million for Mongolian Green Finance Corporation with ...
Article > Press release 
Green Climate Fund Board approves USD 500 million for new climate action, strengthens its Results Management Framework
... Board has allocated USD 501.1 million in GCF resources for new climate projects at its twenty-ninth meeting, and ... which are regional or national direct access entities, increasing the proportion of DAEs to 63% of GCF’s project ... of smallholder farmers. This project is part of the USD 1.26 billion GCF is investing in adaptation action in Africa ...
Article > Press release 
Tipping point or turning point: global solidarity for an inclusive, resilient recovery
... Dear colleague and friend, Executive Secretary of the UNFCCC, Patricia Espinosa; Ladies and Gentlemen. On behalf of ... Nations General Assemply. I would like to deeply thank you for joining us. Why is today’s Leadership Dialogue so ... on a low emission climate resilient path without increasing debt burdens. New funding sources and financing ...
Article > Speech
Financing low emissions, resilient development pathways
... Christina Figueres, Founder of Global Optimism and former UNFCCC Executive Secretary; Dear Participants and colleagues. ... solution. The recovery from the COVID-19 economic crisis coincides with a pivotal time in the fight against climate ... explore innovative structures to finance them without increasing their sovereign debt burden. Blended finance ...
Article > Speech
GCF results-based payments: Stepping stone to unlock private finance at scale
... REDD+ ¹ had already existed in climate change negotiations for over a decade. First floated in 2005, the concept – ... share of carbon market growth. At COP26 in Glasgow, the UNFCCC further developed key elements of Article 6 of the ... terms under which public and private entities could more easily trade carbon credits. Together, voluntary carbon ...
Article > Insights 
GCF portfolio reaches USD 11.3 billion with new climate projects approved by the GCF Board
... 42.4 billion with co-financing. In line with GCF’s efforts to increase access to its resources, the Board adopted ... made in the ongoing review and update of the strategic plan for GCF’s second programming period of 2024 to 2027 ... 82.5 million as GGC scales up) with MUFG Bank (FP197); USD 26.9 million for CATALI.5°T Initiative: Concerted Action to ...
Article > Press release 
What do gin and tonic, coffee and mountain climate risks have in common?
For many, mountains are remote sites of natural beauty to ... that enhances market value. This is part of an increasing awareness that we need to connect agricultural ... may not be suitable for large-scale production. It is not a coincidence that mountain environments form the hubs that ...
Article > Insights 
GCF leaves COP30 ready to ramp up climate finance
... up its operations to help implement the new global goal for adaptation finance. Among the key COP30 outcomes were ... from all partners) to develop proposals aimed at increasing the climate resilience of nature and people in ... United Nations Framework Convention on Climate Change (UNFCCC). Its reforms have revamped the accreditation process, ...
Article > News update 
Forty-third meeting of the GCF Board (B.43)
#GCFB43 Songdo, Incheon, Republic of Korea Forty-third meeting of the GCF Board (B.43) ...
Event > Board meeting 
Strategic Frameworks support for Guyana through GGGI
... of potential utility scale renewable energy projects for public-private partnership and GCF funding. To ... would help reduce the cost of power and pave the way for sustainable access to renewable energy. In line with ... assessment and provide recommendations as well as for innovative financing to leverage private sector ...
Document > Approved readiness proposal Guyana
Twenty-third meeting of the GCF Board (B.23)
... report, including the updated workplan of the Board for 2019 Co-Chairs consultations: decision-making in the event that all efforts at reaching consensus have been exhausted Co-Chairs ... United Nations Framework Convention on Climate Change Performance evaluation of the Heads of the Independent Units ...
Event > Board meeting Republic of Korea (the) 
Eighteenth meeting of the GCF Board (B.18)
... Reports from the Independent Units Workplan of the Board for 2018 Guidance from the Conference of the Parties Actions ... from direct access entities in the pipeline Options for GCF support for collaborative research and development in developing ...
Event > Board meeting 
Fifteenth meeting of the GCF Board (B.15)
... consultations Implementation of the Work Plan of the Board for 2016 Report on the activities of the Secretariat Reports ... of the Strategic Plan Draft Work Plan of the Board for 2017 Guidance from the twenty-second session of the ... (COP 22): CoChairs’ proposal Progress report on support for REDD-plus Country programming and readiness Progress ...
Event > Board meeting 
Eleventh meeting of the GCF Board (B.11)
... Status of the initial resource mobilisation Strategic plan for the Green Climate Fund (progress report) Arrangements for the first formal replenishment of the Fund Consideration of funding ...
Event > Board meeting 
Tenth meeting of the GCF Board (B.10)
... Resource Mobilization process Level of concessional terms for the public sector Brief guideline on the application of ... that further enhance direct access: Terms of reference for a pilot phase Selection process and terms of reference for the heads of the accountability units: Recommendations ...
Event > Board meeting 
GCF-EIF agreement opens way for start of Namibian nature-based climate solution
... a Funded Activity Agreement (FAA) which opens the way for the implementation of a project in Namibia which ... said: “This project is emblematic of GCF’s support for nature-based adaptation initiatives. It takes a holistic ... Approval Process, developed to ease access to GCF resources for smaller climate projects,” he added. ...
Article > Press release Namibia 
United Kingdom pledges to double contribution to Green Climate Fund
... It is also a sign of trust in the GCF to deliver transformative climate outcomes that help developing countries ... during the Initial Resource Mobilization period. The first formal GCF replenishment was launched during the 21st GCF ... building activities (known as readiness support) helping 126 developing countries identify and address their most ...
Article > Press release United Kingdom 
Twenty-fourth meeting of the GCF Board (B.24)
... consensus regarding the outcome of a confidential ballot Performance review of the GCF Matters related to the first formal replenishment of the GCF Report from the ... Consideration and endorsement of the outcomes of the first formal replenishment process Strategic planning for 2020 – ...
Event > Board meeting Republic of Korea (the) 
Twenty-seventh meeting of the GCF Board (B.27)
... Status of GCF resources, pipeline and portfolio performance, including the annual portfolio performance report Ninth report of the Green Climate Fund to ... of accreditation proposals Updated Strategic Plan for the GCF for 2020 – 2023 Review of the Multilateral ...
Event > Board meeting 
Country programming support and sustainable tourism planning for Cabo Verde
... Contribution (NDC). Cabo Verde’s Strategic Plan for Sustainable Development 2017-2021 (PEDS), identifies key ... Cabo Verde has developed a Grand Strategic Plan Options for Sustainable Tourism Development for 2018-2030 (GOPEDS-Tourism 2018-2030), identifying ...
Document > Approved readiness proposal Cabo Verde
Accelerating the deployment of climate financing for early warning systems
... access to financing to develop early warning systems, for countries that are most exposed to the impacts of ... of observation stations which provide foundational data for effective weather predictions and warnings. At the ... at UK’s Foreign Commonwealth and Development Office (FCDO), reminded participants that “the UN ...
Article > News update 
Supporting Yemen’s Low Emissions Development through the preparation of the Nationally Determined Contribution (NDC), while enhancing required capacities and project pipeline in support of reducing emission
... of the proposed project is to ensure enabling conditions for the Government of Yemen and its key actors to effectively implement its priority actions for reducing its GHG emissions in line with the Paris ... The project will achieve this goal based on its transformational logic as follows: IF the project clarifies roles ...
Document > Approved readiness proposal Yemen
Enhancing Angola’s Access to Climate Finance for Sustainable Transport and Sustainable Landscape (AFOLU) Sectors
... (INDC, 2015). Angola’s mitigation contribution takes the form of a reduction in GHG emissions through the combined ... total unconditional and conditional contribution is, therefore, a 24% reduction in GHG emissions compared to the BAU ... sectors: (1) energy including transport; (2) agriculture, forestry and other land use; (3) industry; and (4) waste ...
Document > Approved readiness proposal Angola
The Green, Inclusive Innovation Imperative
... global development trends is recognized in the SDGs, the UNFCCC and the Paris Agreement. A single institutional ... of climate geo-engineering techniques. They are increasingly promoted as a cost-effective or a last resort ... and interactive community engagement process; face to face visits were organized to every house in concerned ...
Article > Statement 
The green innovation imperative
... global development trends is recognized in the SDGs, the UNFCCC and the Paris Agreement. A single institutional ... of climate geo-engineering techniques. They are increasingly promoted as a cost- effective or a last resort ... and interactive community engagement process; face to face visits were organized to every house in concerned ...
Article > Speech
ED opening remarks
... and to express my deepest thanks to Mayor Yoo Jeong-bok for hosting this event in Incheon, Korea, the home of GCF. ... food prices, growing public debt, high inflation rates, increasing number of people living in extreme poverty, recovery ... for around 2-3% of global climate finance flows under the UNFCCC; 0.5% of total climate finance flows; and less than ...
Article > Speech
Indigenous Peoples
... United Nations Framework Convention on Climate Change (UNFCCC), including in the Cancun Agreement. The preamble of ... the need to strengthen practices and efforts of local communities and Indigenous Peoples related to ... the local communities and Indigenous Peoples platform to help do this. The COP has further requested GCF ...
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