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GCF funded India solar rooftop programme kicks off
... disbursement of USD 50 million marks the start of the implementation of the GCF solar rooftop programme in India. The ... to NABARD, which was converted into Indian Rupee and on-lent to TATA Cleantech Capital Limited. GCF is investing USD ... investment will be channeled through NABARD, the Fund's Accredited Entity and India's largest rural development bank. ...
Article > Press release India NABARD 
GCF first replenishment meeting reinforces the role of the Fund to drive climate action
... to discuss key issues on the Green Climate Fund (GCF) replenishment in the context of urgent global climate action. ... also attended by the new GCF Executive Director, Yannick Glemarec. The State Secretary Aksel Jacobsen addressed the ... United Nations Framework Convention on Climate Change (UNFCCC), and serves the Paris Agreement. Over the five years ...
Article > Press release 
GCF publishes the revised funding proposal schedule for B.23 and B.24
... Incheon, Republic of Korea. The timeline lists key dates leading to the Board meetings, where the 24 Board members ... decide on funding proposals brought forward by GCF Accredited Entities. At its twenty-first meeting, the GCF ... The report/s shall be disclosed (i) in the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
GCF and GEF join forces with Lao PDR to advance climate action
The Government of Lao PDR is leading the way to ensure complementarity and coherence in ... the operating entities of the financial mechanism of the UNFCCC. It is the first country to host a joint mission of GCF ... Designated Authorities, GEF Operational Focal Points, and accredited entities and Agencies. Lao People's Democratic ...
Article > Press release Lao People's Democratic Republic (the) 
GCF supports Indonesia's energy transition with de-risking geothermal development
... which is about 40 percent of the world's known reserves. Despite this potential, the country relies heavily on fossil fuel to meet its electricity demand. A key barrier to geothermal development ... Telep Renewable Energy Senior Specialist +82 32 458 6326 Indonesia Songdo FP083 GCF supports Indonesia's energy ...
Article > Story Indonesia WorldBank 
Agreement set to increase India's rooftop solar reach
... for funds to be transferred in a USD 250 million project designed to unlock private sector energies by expanding the ... 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 ...
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 renewable energy, ... Telep Renewable Energy Senior Specialist +82 32 458 6326 Tonga Songdo GCF supporting energy transformation in SIDS ...
Article > Press release Tonga ADB 
Climate finance drives down renewable price in Egypt by half
... investment has helped halve the cost of producing renewable energy in Egypt by using new ways to capture private ... and Development (EBRD) for the past few months to implement a USD 1 billion project aimed at creating a new ... drawing from USD 154.7 million in GCF loans and grants, is designed to provide a tailored financing package needed to ...
Article > Press release Egypt EBRD 
Climate costs will rise sharply if we miss 1.5 degree target, GCF conference hears
Climate finance is a moral obligation, while inadequate action leading to global temperatures over 1.5 degrees Celsius will ... including 23 ministers. The three-day conference was designed to strengthen understanding between GCF and its ...
Article > Press release 
Green Climate Fund pledges ambitious response to IPCC alarm bell
... IPCC Vice-Chair, warned of the dangers of a warmer world while outlining the findings of the 1.5C report to an audience ... of warming of 1ºC through more extreme weather, rising sea levels and many other changes. The reports shows us that ... of climate change,” he said. “It is hitting them hardest, and fastest - whether through rising sea levels ...
Article > Press release 
Dialogue opens new opportunities in Eastern Europe and Central Asia
... representatives from 13 countries across the region to accelerate climate action. Participants include representatives ... of significant regional players, including National Designated Authorities (NDAs) to GCF, high-level officials, numerous international Accredited Entities, entities that have been nominated for ...
Article > Press release Multiple countries 
GCF and GEF harmonise steps to follow developing country lead in climate finance
... of developing countries in tackling the global climate challenge. The heads of the two organisations, GCF Executive ... United Nations Framework Convention on Climate Change (UNFCCC). “It is essential that we continue to strengthen the ... was set up by the 194 countries which are parties to the UNFCCC in 2010 to specifically address climate change. GEF was ...
Article > Press release 
Sri Lankan President meets GCF Executive Director to boost climate action programme
... a recent meeting with GCF Executive Director Howard Bamsey designed to enhance his country’s interaction with the ... in Sri Lanka,” said President Sirisena. “Rice, as a staple food for the country, has always been produced in the ... will enhance the country’s ability to develop and implement GCF projects. In forming climate solutions, “it is ...
Article > Press release Sri Lanka 
Colombian President calls for enhanced public-private climate action
Colombian President Juan Manuel Santos Calderón called for urgent public-private sector cooperation in tackling ... sectors should work together towards developing sustainable solutions that are relevant to each region," said President Santos during the Dialogue, which concludes today. Stressing the need for action, he warned the ...
Article > Press release Colombia 
Winter Olympics begin with key message on planetary cooperation
... the link between sports and sustainability has become clearer. The Republic of Korea's first hosting of the Winter ... at the Global Engagement and Empowerment Forum where he described how climate change adaptation and mitigation can ... United Nations Framework Convention on Climate Change (UNFCCC) with an initial pledge of over USD 10 billion. ...
Article > Press release Republic of Korea (the) 
GCF charts progress and ambition at COP23 side event
... United Nations Framework Convention on Climate Change (UNFCCC). “This will require changing many of our processes, ... Ayaan Adam said 2017 was a critical year for GCF in implementation, approval of projects and disbursement. “When ... aimed at supporting project proposals from direct access Accredited Entities. Pa Ousman Jarju, director of GCF’s ...
Article > Press release 
Germany, Incheon City raise awareness on climate conflict and cooperation at GCF Headquarters
... such as this are critical to engage citizens in the complex issues of climate change and, more importantly, to point ... of water, climate, land, forests and minerals. Visitors learn how environmental degradation and resource scarcity ... of the opening of the exhibition in Songdo, which coincided with the opening of the 23rd UN Climate Summit in ...
Article > Press release Germany Republic of Korea (the) 
GCF and ADB sign agreement to help Fiji address its water challenge
... Agreement (FAA) on Monday in Nadi, Fiji prepares the legal groundwork for GCF to begin transferring its USD 31 ... Solomon Islands, Tuvalu, and Vanuatu.” The ADB, a GCF Accredited Entity , announced during the signing it expects to ... United Nations Framework Convention on Climate Change (UNFCCC) to deliver equal amounts of funding to mitigation and ...
Article > Press release Fiji ADB 
GCF project seed funding to help grow agricultural resilience in Morocco
If you enjoy citrus fruit, you most likely have tasted a clementine from Morocco, and there is a good chance it was ... and sustainable. ADA is one of GCF’s 54 Accredited Entities, becoming a GCF partner in March 2016. One ... for innovative high-quality project design, and pre-requisite for a GCF funding proposal. This is the Fund’s second ...
Article > Story Morocco ADA_Morocco 
GCF Board Strengthens Fund’s Operations
... USD 2.2 billion in funding for 43 projects to be implemented in 64 countries. The Board considered lessons ... pipeline of proposals. The Board also approved the accreditation of six new partner organisations, including four ... of the GCF Board meetings are available on GCF’s website . The 18th meeting of the GCF Board will be held from ...
Article > Press release 
GCF begins first REDD+ transfer
... to the United Nations Development Programme (UNDP), a GCF Accredited Entity, marks a key milestone for the Fund. It is the first time GCF is ... United Nations Framework Convention on Climate Change (UNFCCC) which supports countries' efforts to reduce emissions ...
Article > Press release Ecuador 
UNDP head welcomes flow of GCF funds to the Maldives
... of GCF funds to an adaptation project run by the UNDP. While surrounded by water, many people in the outer islands of ... water supply system based on rainwater, groundwater and desalinated water to provide a low-cost supply to vulnerable ... of Environment and Energy and the UNDP, which GCF has accredited to implement the project. “We are delighted that ...
Article > Press release Maldives UNDP 
GCF focuses on getting funds flowing
... pace, following a major focus of the Fund this year on implementing approved projects. In GCF’s most recent ... To achieve this aim, GCF is working closely with Accredited Entities, which propose and carry out funding ... number of Funded Activity Agreements (FAAs) signed with Accredited Entities since the end of 2016. These legal ...
Article > Press release 
CAF looks past Peru disaster to bank on climate future in Latin America
... this year have sharpened the climate and development challenges facing Peru and its neighbours, according to Antonio ... United Nations Framework Convention on Climate Change ( UNFCCC ). CAF has been a GCF instigator of change in Latin America since its accreditation as one of the Fund’s Direct Access Entities in ...
Article > Story Peru CAF 
GCF Readiness Results - Vanuatu
... Services for Resilient Development project to be implemented by the Secretariat of the Pacific Regional ... was based on stakeholder consultation and technical design, made possible through the GCF Readiness programme. ... the GCF, the Ministry of Climate Change, and the regional accredited entity SPREP submitted a Readiness proposal to GCF ...
Article > Press release Vanuatu SPREP 
GCF Readiness Results - Antigua and Barbuda
... of Antigua and Barbuda is one of the first countries to complete their roadmap for engagement with the GCF. Its Country ... Department of Environment (Antigua and Barbuda’s National Designated Authority to GCF) has used the initial tranche of ... focus on preparing its project pipeline and advancing accreditation to the Fund. In parallel, it will expand ...
Article > Press release Antigua and Barbuda 
Results needed to tackle forest roots of climate challenge
... forests intact is essential to meet the global climate challenge, according to Jonah Busch, a researcher with the ... century well below 2 degrees Celsius above pre-industrial levels. Net deforestation is currently responsible for ... experts. REDD+ refers to a UN-moderated process which provides developing countries with payments for “achieving ...
Article > Press release 
GCF approves eight projects at its first Board meeting in 2017
... 265 million for the GEEREF NeXt programme financing renewable energy and energy efficiency projects across five regions ... organizations, National Designated Authorities (NDAs), Accredited Entities, and GCF Delivery Partners. Video ... of the GCF Board meetings are available on the Fund’s website . The 17th meeting of the GCF Board will be held from 4 ...
Article > Press release 
GCF concludes final meeting for 2016, approves USD 315 million in funding
... today having approved eight new funding proposals and accredited seven new partner entities. The fifteenth meeting ... 133 million for Catalyzing Private Investment in Sustainable Energy in Argentina with the Inter-American Development ... it comes on the cusp of 2017, the year Fiji will host the UNFCCC Conference of the Parties.” “I have high hopes that ...
Article > Press release 
GCF concludes Framework Agreements with UNDP, UNEP and GIZ to support country readiness
... Programme (UNEP) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, enabling the three ... chosen UNDP, UNEP or GIZ as delivery partners in the implementation of their respective GCF Readiness Programme ... of USD 1.35 million for grants in eight countries: Bangladesh, Central African Republic, Guinea, India, Liberia, ...
Article > Press release Multiple countries GIZ 