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GCF and FMO partnership will boost the growth of renewable energy in developing countries
... provide development loans and equity financing throughout all project phases - development, construction, and ... PSF portfolio amounts to USD 2.1 billion in 23 projects globally. Netherlands (the) The Hague FP099 GCF and FMO ...
Article > Press release Netherlands (the) 
Global Programming Conference drives stronger GCF climate support
... priorities. This includes enhanced understanding how niche allocations of climate finance can realise their climate ... United Nations Framework Convention on Climate Change (UNFCC) and the Paris Agreement. Discussions between a broad ... and livelihoods - with an overarching aim to base all climate solutions on science and an understanding that ...
Article > Press release 
GCF forum explores how to stem climate impact on world food security
... fund, a significant proportion of GCF’s USD 5.2 billion allocated so far to support climate action in developing ... happened in the past. These climate events are affecting all our farmers in my country.” While acknowledging ...
Article > Press release 
GCF signs partner agreements hours after Board approval
... strategy. “With our partners, the International Solar Alliance (ISA), the French Development Agency (AFD), and ... empowerment of the Fund’s direct access partners - especially those most vulnerable to climate change such as Small Island Developing States (SIDS). “One of our main ...
Article > Press release 
Financing the future we want
... Agreement on Climate Change, we could better face this challenge - with stronger health systems, fewer people living ... consequences for generations to come. Oil prices at historically low levels represent a great temptation not to change ... are also an opportunity to phase out fossil fuel subsidies and use scare public resources to support projects that ...
Article > Speech
GCF's support for coral reefs
... to the destruction of coral reefs as they are disproportionally dependent on their ecosystem goods and services for ... change. Given their high irrecoverable carbon density, all mangroves, marshes and sea grasses should also be ...
Article > Speech
Address at Green Horizon Summit
... assembly of speakers for the Green Horizon Summit. Ladies and gentlemen, we are running out of time. Average ... half of the century. However, the key conclusion from the IPCC is that limiting global warming to 1.5°C is still ... where efforts to leverage private investment have so far fallen short of what is required. to enhance the capacity of ...
Article > Speech
Low Carbon Transport Dominica
... and heavily dependent on imported fossil fuels. The Nationally Determined Contribution has as target to reduce ... sector with the highest GHG growth. Transport emissions shall be reduced by 17% compared to the emission levels of ... to hybrid and electric cars. The readiness support shall close these gaps by collecting data and modelling the ...
Document > Approved readiness proposal Dominica
GCF boosts COVID-19 low-carbon energy relief with anchor investment
... solutions but now face bankruptcy form the COIVD-19 fallout. EARF will keep these companies financially solvent by providing them with short-term loans. GCF is ... to electricity and instead have to rely on kerosene and diesel generators for lighting, presenting family health and ...
Article > Press release 
National Adaptation Plan: Advancing risk-informed development and land-use planning in Tunisia
... and tourism. The Government of Tunisia is aware of these challenges and has adopted a proactive policy of fighting ... Authorities Code” was adopted in April 2018 with a new allocation of responsibilities provided to local governments ... local elections, the municipal elections, in May 2018 and all municipalities now count with newly local officials ...
Document > Approved readiness proposal Tunisia
Achieving water security through climate-resilient infrastructure
... cauliflower, pepper…but recently I have had to reallocate five hectares to plant almond instead because it ... Plain in Morocco Farmers like Oussama have traditionally depended on the irrigation canals to cultivate their ... out of water. Then the workers come back at night to do it all over again.” Water scarcity combined with the impacts ...
Article > Story Morocco 
Agreement bolstering Africa’s climate vulnerable sign of rapid GCF implementation
... helps protect some of the world’s most vulnerable smallholder farmers from climate effects while also contributing to Africa’s Great Green Wall initiative to reverse land degradation. The funding ... knowledge management and innovation in Great Green Wall countries implemented in collaboration with the United ...
Article > News update 
GCF launches the Digital Accreditation Platform
... institutions are approved by the GCF Board and formally become AEs, GCF requires AEs to meet accreditation ... low-code platform and is capable of handling dynamically changing business processes, digitalising and ... partnerships with potential partners and AEs. The DAP will allow GCF to increase efficiency and responsiveness to ...
Article > News update 
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
... standards required for accreditation but is yet to formally start the accreditation process. Additional support is ... (MSW2E), sustainable rural bioenergy under Energy for All, Bio-Compressed Natural Gas (BioCNG) and advanced ... knowhow, and business models. The projects are not yet generally bankable by the view of the domestic finance ...
Document > Approved readiness proposal Thailand
GCF approves Project Preparation Facility grant to establish Barbados green bank
... of Barbados on the establishment of a green bank, initially conceptualised by the Barbados Prime Minister Mia ... to help Caribbean countries to meet their targets for Nationally Determined Contributions and achieve a ... sector initiative that aims to overcome the financing challenges and constraints of climate change adaptation and ...
Article > Press release Barbados 
Expert support to strengthen Niger’s operational capacity for accelerated and sustained access to climate financing
... is a global threat, but its impact is not being felt equally. Least Developed Countries (LDCs) are the most impacted ... to improve resilience. To cope with climate change challenges and risks, the Government has set up a policy and ... financing for climate actions. Barriers are specifically related to: Limited in-house resources of BAGRI to lead ...
Document > Approved readiness proposal Niger (the)
Multi-Country Climate Resilient Urban Development Initiative
... and awareness of the specific climate change impacts and challenges in the urban communities paucity of readily ... from a regional, national, and local perspective. Additionally, these countries will realize co-benefits related to ... the development of concept notes and pre-feasibility studies developed and submitted. This readiness therefore seeks ...
Document > Approved readiness proposal Multiple countries
ED remarks for International Women’s Day 2023
... particularly impacts women entrepreneurs, who traditionally face even more barriers in accessing information and ... to market their new climate solutions. And ultimately it is all women and men who are affected by this gap in women-led ... agribusinesses that enhance the climate resilience of smallholder farmers. This programme is proving particularly ...
Article > Speech
GCF approves funding for regional water investment programme in Southern Africa
... Director a.i. The AIP aims to mobilise USD 30 billion annually by 2030 in order to close the water investment gap in ... by the President of the Republic of Senegal, H.E. Macky Sall; Prime Minister of the Netherlands, H.E. Mark Rutte; ... of the Republic of Tanzania, H.E Jakaya Kikwete, who all serve as Co-Chairs. The High-Level Panel was formally ...
Article > News update 
Green Climate Fund and Global Fund join forces to tackle impact of climate crisis on health
... indicate that only 0.5% of multilateral climate funding is allocated to projects that explicitly address human health, ... climate risks to health and build resilient, environmentally sustainable health systems. A range of major ... United Nations Framework Convention on Climate Change (UNFCCC) and serves the 2015 Paris Agreement, supporting the ...
Article > News update 
Greening India’s transportation
... each of them bargaining for the next empty space of road to alleviate them from the traffic standstill. The fumes and ... from each car, truck, bus, rickshaw, and scooter, all contributing to a major source of air ... the transition to electric vehicles (EVs) poses new challenges for the market as users grapple with the lack of ...
Article > Story India 
From scarcity to sustainability: Maldives’ ambitious water security project
... island state in the Asia Pacific region. However, the Small Island Developing State (SIDS) is one of the most ... nations to climate change and faces many unique challenges. Rising sea levels and increasingly erratic ... build a more resilient future for its people. By Jin Hee Dieu (based on UNDP’s story ) Maldives FP007 From scarcity ...
Article > Story Maldives 
ADB Launches Major Initiative to Build Resilience to Melting Glaciers: GCF to support development of new programme
... and empowering those most at risk. This program embodies the essential collaboration and innovative strategies needed to address the severe challenges posed by climate change. Together, we can build a resilient and sustainable future for all—especially for the vulnerable populations who depend ...
Article > Press release 
PSAA questionnaire
... Pilot framework is for three years (April 2023 – March 2026), and it will include the assessment of up to 10 funding ... United Nations Framework Convention on Climate Change (UNFCCC). GCF works directly with countries that are affected ... will take approximately 20 minutes to complete once all the required information is available. Please refer to ...
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GCF Africa Regional Dialogue opens with a focus on regional climate solutions
... with Africa convened government focal points (Nationally Designated Authorities), implementing partners ... private sector partners from across the continent. The overall theme of the Dialogue, held at the United Nations ... motto of being a unique fund for humanity’s greatest challenge,” State Minister Mekonen said. GCF’s Director of ...
Article > News update Ethiopia 
Disasters spur climate action coherence in Caribbean
... accentuates the need to focus on boosting resilience at all levels. “We need to build resilience to climate change ... to support mitigation and adaptation, including locally-based climate resilient projects. Timothy Payne, the ... Caribbean and for capacity building and pre-feasibility studies for the proposed First Climate Resilient-Smart City in ...
Article > Press release Multiple countries 
GCF discusses progress at Marrakech climate talks
... and truly transformational; one that has the backing of all countries, as much as by civil society and the private ... grants already approved. Of these countries, 37 are Small Island Developing States (SIDS), Least Developed ... “At B.11, the Board approved USD 168m; at B.13 – USD 265m; and at B.14 – USD 745m.” The GCF Board will ...
Article > Press release 
NDA Strengthening and Country Programming support for Algeria through National Agency on Climate Change
... of climate change is in Algeria an important and new challenge. A large part of Algeria belongs to the ... United Nations Framework Convention on Climate Change (UNFCCC), and fully subscribes to commitments relating to the ... ecosystems and the sustainability of economic development. All socio-economic sectors and institutions are gradually ...
Document > Approved readiness proposal Algeria
Green Climate Fund Board approves USD 267 million for climate action, agrees decision-making procedures
... agreed procedures for adopting decisions in the event that all efforts at reaching consensus have been exhausted. The Board allocated USD 266.9 million in GCF resources for climate action in ... stated, ‘The approval of ten new projects worth USD 267 million reinforces the importance of GCF for developing ...
Article > Press release 
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 ... to win the race against climate change. We are grateful to all the countries which made ambitious new pledges, and to ... building activities (known as readiness support) helping 126 developing countries identify and address their most ...
Article > Press release Multiple countries 