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GCF approves USD 686 million for climate action and decides to establish regional presence
... are expected to provide direct support to 115.5 million people and mitigate the equivalent of 45.3 million metric tonnes ... funding by assessing an entity’s capacity to meet GCF accreditation standards simultaneously with the project ... United Nations Framework Convention on Climate Change (UNFCCC). The Fund serves the 2015 Paris Agreement, supporting ...
Article > Press release 
GCF-2
GCF's second replenishment The Green Climate Fund (GCF) – a critical element of the historic Paris Agreement – is the world’s ... As an operating entity of the financial mechanism of the UNFCCC, GCF has become a vital part of the global climate ...
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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 ... (operational risk) and indirectly, through their portfolio (credit and market risk), depending on the location of their ... climate finance and work collaboratively with the national designated authorities (NDAs) to the GCF. In response to ...
Document > Approved readiness proposal Multiple countries
GCF approves Project Preparation Facility grant to establish Barbados green bank
... step in the development of this initiative. The 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 ...
Article > Press release Barbados PCA 
Support for accreditation gap assessment and action plan for the Rwanda Development Bank
... of the Registrar General 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 ...
Document > Approved readiness proposal Rwanda PwC
Strengthening institutional capacities and coordination mechanisms for accelerating and scaling up the mobilization of climate finance in Mozambique
... It has been estimated that the country will need at least USD 11 billion for the implementation of its NDC ... These past and ongoing efforts have made great strides in moving the climate change agenda from planning ... opportunities Support FNDS with the finalization of the accreditation process and start the formulation of an Entity ...
Document > Approved readiness proposal Mozambique
Amazon indigenous peoples hold key to forest’s future
... Ecuador Peru FP001 FP019 FP100 FP134 Amazon indigenous peoples hold key to forest’s future ...
Article > Story Multiple countries FAO 
Private sector key, say GCF Latin America Dialogue partners
... and public sectors to work together in developing sustainable solutions to address climate change. A number of formal ... at the Inter-American Development Bank (IDB) , a GCF Accredited Entity with seven projects approved by the GCF ... held Latin America, which opened in Colombia on Monday, was designed to alleviate what many see as a current lag in ...
Article > Press release Colombia CAF 
Saint Kitts and Nevis commits to lead on scaled-up climate action
The Government of Saint Kitts and Nevis today committed to lead regional efforts to accelerate climate ambitions in the Caribbean with a focus on ... swaps, green hydrogen, performance-based grants, resilience credits and resilience bonds. The Caribbean region’s ...
Article > News update Saint Kitts and Nevis 
GCF heralds innovative ‘Bhutan for Life’ partnership at launch ceremony
... prevent threats to Bhutan’s forests, preserving their role as a carbon sink. Bhutan for Life will also support ... ‘Project Finance for Permanence’ approach, which provides a sinking fund to support improved management of the ... be found on the Bhutan for Life project page on GCF’s website . Bhutan Bhutan GCF heralds innovative ‘Bhutan for ...
Article > Press release Bhutan WWF 
FP019 - Priming Financial and Land Use Planning Instruments to Reduce Emissions from Deforestations
This Amazon conservation project was designed to co-finance the REDD+ Action Plan in Ecuador by ... commenced in May 2017 and was aimed at addressing challenges related to sustainable development in the Amazon ... embed sustainability. Finally, promoting and monitoring credit lines for sustainable production ensures responsible ...
Project > Public sector Ecuador UNDP 
GCF Board opens B.19 meeting, elects Lennart Båge and Paul Oquist as new Co-Chairs
... meeting in Songdo, Republic of Korea. Paul Oquist has been elected as the developing country Co-Chair, whilst Lennart ... B.19 Board meeting will therefore take place from Monday 26 February until Thursday 1 March, and will be presided by ... developing countries on the Executive Committee of the UNFCCC Warsaw International Mechanism for Loss and Damage. Dr. ...
Article > Press release 
GCF targets private investment shift at inaugural climate conference
... entrepreneurship of businesses in tackling the climate challenge, and comes on the heels of a seminal UN report ... private sector’s financing of climate action. This includes investigating insurance and reinsurance, as well at ... that climate action could yield an economic gain of USD 26 trillion through to 2030 compared with business-as-usual. ...
Article > Press release 
GCF, UN Environment launch project to fortify the Gambia against droughts, floods
... change into planning at the national, district and village levels throughout the Gambia," said Minister Dibba. ... regions is being implemented by UN Environment, a GCF Accredited Entity. Pa Ousman Jarju, GCF's Director of Country ... for about 40 percent of its national exports and 26 percent of its GDP. The geographic nature of this ...
Article > Press release Gambia UNEP 
GCF and Africa Finance Corporation drive low-emission development in Africa
... today of an agreement with the Africa Finance Corporation (AFC). The two organizations signed an Accreditation Master Agreement (AMA), a prerequisite for all GCF Accredited Entities to implement GCF-approved projects. AFC was accredited to GCF in ...
Article > Press release AFC 
GCF upgrades climate support for vulnerable Pacific nations
... with the Pacific Community (SPC). GCF today signed an Accreditation Master Agreement (AMA) with this Pacific-based regional body to provide the legal framework for funding climate projects. GCF Deputy ... support for SIDS throughout the world. Songdo GCF upgrades climate support for vulnerable Pacific nations ...
Article > Press release SPC 
GCF publishes the tentative funding proposal schedule for B.27
... take place virtually from 18 to 21 August 2020. GCF acknowledges the extraordinary circumstances and fast-changing ... Board decides on funding proposals brought forward by GCF Accredited Entities. Kindly note that funding proposals ... The report/s shall be disclosed (i) in the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
GCF publishes the tentative funding proposal schedule for B.29
... is proposed that B.29 takes place on 28 June-1 July 2021 while a formal Board decision is yet to be taken on this ... Board decides on funding proposals brought forward by GCF Accredited Entities. Kindly note that funding proposals ... The report/s shall be disclosed (i) on the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
Great Green Wall in the Spotlight at COP
Attention and support for the Great Green Wall , an African-led initiative to restore land and ecosystems in Africa, were reinforced at COP26. As a funder of several projects in the Sahel region ... Global Environment Facility (GEF), UN Convention to Combat Desertification (UNCCD), UN Environment Programme (UNEP) and ...
Article > News update 
GCF and Acumen sign agreement to promote resilient agriculture in East and West Africa
... 26 million to Acumen aimed at ensuring long-term sustainable increases in agriculture productivity and incomes for ... Asia, Latin America and the United States. Acumen is an accredited entity to GCF. The Green Climate Fund was ... parties to the UN Framework Convention on Climate Change (UNFCCC) and given the mandate to fund climate action to limit ...
Article > Press release Acumen 
Structured Dialogue with Asia 2018
... stakeholders – including government ministers, GCF Accredited Entities and National Designated Authorities (NDAs), civil society private sector ... about accessing and engaging with GCF. During the high-level interactions of the Dialogue, ministers from a number ...
Event > Structured dialogue Viet Nam 
GCF approves 11 projects at its final Board meeting of the year
... approved at B.18: FP046 – USD 8.65 million for the Renewable Energy Programme #1 – Solar in Mongolia with XacBank. ... payments. Additionally, the Board approved the accreditation of five new partner organisations as Accredited ... recording of this Board meeting is available on the GCF website . The next GCF Board meeting, B.19, will take place in ...
Article > Press release China_CDM_Fund 
Where do we stand with NDCs? Enhancing action on climate change in 2020
I would like to congratulate UNFCCC for this timely event on enhancing action on climate ... human lives and economies worldwide and has also led to postponement of COP 26 to November 2021. Developing ... GCF can also support developing countries’ efforts to design strategies and policies and to strengthen ...
Article > Statement 
GCF Private Investment for Climate Conference 2021
... for Climate Conference (GPIC). A timely forerunner to COP26, GPIC 2021 will convene global leaders, executives, experts and thought leaders from business, governments, financial institutions, ...
Event > Events organised / involving GCF 
Record finance and increased impact: GCF delivers for ‘implementation COP’ as it marks 10 years of climate action
... the year where we have programmed the most ever – USD 3.26 billion in new climate finance. But impact is equally ... A Decade of Impact.” “This COP rightly focuses on implementation and accountability, so, it's quite timely to ... which launched the GCF.10 Impact Report . The report describes the growing impact of GCF’s work over the past ...
Article > Press release 
GCF/B.21/10/Add.20 - Consideration of funding proposals – Addendum XX Funding proposal package for FP098
... the following three parts: A funding proposal summary titled “DBSA Climate Finance Facility” submitted by the ... Africa; No-objection letters issued by the national designated authorities or focal points; and Environmental ... These documents are presented as submitted by the accredited entity and the national designated authority(ies) ...
Board document > Action item
FP078 - Acumen Resilient Agriculture Fund (ARAF)
... is managed by smallholder farmers who are highly vulnerable to the impacts of climate change. Climate resilience is key to ensuring a long term sustainable increase in agriculture productivity and incomes for ... 248 257 283 305 312 358 382 407 408 465 445 483 484 525 526 582 608 646 674 715 759 801 851 948 1022 121 647 1044 ...
Project > Private sector Multiple countries Acumen 
The International Development Finance Club and the Green Climate Fund join forces to support Public Development Banks in financing the green transition
... 2020 – The International Development Finance Club (IDFC), the international network of leading national and regional development banks, and the ... Banks, including the 13 members of IDFC that are GCF accredited project partners, can play a critical role in ...
Article > Press release 
Asian private sector ambition key to climate solution, Dialogue finds
... driving the Asian economic powerhouse can be funnelled to complement public sector-funded climate action, ... - including 23 governments, corporations, NGOs and GCF Accredited Entities - to the Indonesian island of Bali on 26 ... to tackle climate change. These proposals included a strong desire to tap GCF support, totalling USD 2.6 billion to fund ...
Article > Press release Indonesia 
FP075 - Institutional Development of the State Agency for Hydrometeorology of Tajikistan
... extreme weather events, particularly floods and landslides. The country's hydromet services, designed to provide ... strain due to weak infrastructure and institutional challenges. This problem will be addressed by supporting the legal and structural ...
Project > Public sector Tajikistan ADB 