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Climate investments critical for post-COVID recovery: GCF conference highlights mobilisation of private capital to green developing economies
... concluded today, stressed the private sector’s critical role in resourcing developing countries to implement green economic stimulus measures in response to the challenges of COVID-19 and climate change. Christian Deseglise, HSBC’s Head of Sustainable Finance and ...
Article > Press release 
Barbados, Belize PMs hail ‘essential’ GCF role in Caribbean
Caribbean leaders warned the region is facing the twin threats of ... Community (CARICOM). GCF Executive Director Yannick Glemarec joined Caribbean Heads of State in highlighting ... collapse caused by the pandemic, which has eroded decades of socio-economic gains. The Caribbean is at the ...
Article > Press release 
A ‘vaccine’ for tropical forests?
... that we may require something that is “ultra-large-scale industrial in 10 to 20 years”. The sense of acting ‘urgently’ and at ‘scale’ are clearly central to the concepts of innovations ... between the land and the atmosphere, then we might be describing an analogue to how our lungs function. Despite ...
Article > Insights 
The multilateral climate funds are working together to enhance complementarity and collaboration
The Multilateral Climate Funds play a critical role in stimulating climate action that can accelerate the ... United Nations Framework Convention on Climate Change (UNFCCC). The mission of the AF is to accelerate and enhance ... funds and harmonize approaches, where feasible. This includes knowledge on key themes such as transformational ...
Article > Statement 
GCF publishes tentative timelines for B.31 and B.32
... B.31 and B.32 are presented below, respectively. Key milestones for B.31 (Tentative) Dates or indicative # of days ... The report/s shall be disclosed (i) on the AE’s website, (ii) in locations convenient to affected peoples, and ... proposal template is currently under consultation with Accredited Entities for updates, with a target date for the ...
Article > News update 
Empowering farmers and protecting forests in Eastern Madagascar
... is facing the brunt of climate change. Extended droughts, lesser incidences of rainfall, and aggressive cyclones ... Climate Change “Before I owned a rice field, I had to destroy the forest. I used half a bucket of seeds, I burned ... Madagascar By Brylle James Galang Madagascar FP026 Empowering farmers and protecting forests in Eastern ...
Article > Story Madagascar 
Reflections by GCF experts on latest IPCC report – a glimmer of hope?
... the Intergovernmental Panel on Climate Change (IPCC) released “Climate Change 2022: Impacts, Adaptation and ... more frequent and intense extreme events, has caused widespread impacts, and losses and damages to nature and people, beyond natural climate variability. Climate-related ...
Article > Insights 
Green Climate Fund Board streamlines access to finance in major accreditation review USD 187.7 million also approved for new climate projects
... Fund (GCF) Board has approved major changes to its accreditation framework to streamline access to climate ... which concluded today. The changes will enhance and accelerate access to finance by developing countries, including ... action, increasing its portfolio to USD 10.2 billion. The accreditation framework governs how GCF works with partner ...
Article > Press release 
GCF publishes revised timeline for B.32 and tentative timeline for B.33
... periods for B.32 and B.33 are presented below. Key milestones for B.32 (Tentative) Dates or indicative # of days ... The report/s shall be disclosed (i) on the AE’s website, (ii) in locations convenient to affected peoples, and ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
Green Climate Fund Board approves new climate funding, bringing assets under management to USD 40 billion
... whilst also launching the process for the Fund’s replenishment for the 2024-2027 period. With the newly approved ... conditions of GCF’s financing instruments. A draft accreditation strategy was discussed with the consideration of ... Further details on the projects can be found on the GCF website . The GCF Board approved the reaccreditation of Asian ...
Article > Press release 
GCF partners with FAO on two major climate-resilience projects in Benin and the Gambia
... Welcoming the projects, GCF Executive Director Yannick Glemarec said: “GCF is proud to partner with FAO on these projects in Benin and Gambia, which will help vulnerable rural communities to increase their resilience to climate ... by climate change.” FAO Deputy Director-General, Maria Helena Semedo said: “FAO welcomes the approval of these ...
Article > News update Benin Gambia 
GCF conference opens with calls from developing countries for increased finance for climate action
... convened more than 60 developing country Ministers and high-level officials alongside a broad range of partners in the ... GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to provide a ... climate project portfolio can be found on the GCF website. GCF conference opens with calls from developing ...
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 ... country ownership is also central as Investment Plans are designed and implemented in line with a country’s own ... 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 
Ocean20: A new self-funded marine resource management framework
... and fisheries management in Indonesia. The model, called Blue Halo S Initiative, is the first ever integrated marine protection and sustainable fishery management approach designed to fund itself over time. The Blue Halo S was ...
Article > Press release 
Funding and subsidiary agreements signed on the same day between GCF, FAO, and Government of Cambodia, accelerating implementation of a new climate resilient agricultural project in Cambodia
... a Funding Activity Agreement (FAA) to rapidly begin the implementation of a USD 42.9 million project (with USD 36.2 ... smallholder farmers in this crucial region. The project is designed with local farmers, especially women, and ... Agreement, a crucial part of the framework between the Accredited Entity (AE) and the country, was signed between FAO ...
Article > News update 
GCF and World Wildlife Fund sign key Colombia landscapes agreement
... Wildlife Fund (WWF) have signed an agreement to rapidly implement an innovative project which aims to support more ... by climate-related events such as droughts, floods, landslides and fires in recent years. Heritage Colombia (HECO), ... Full details of the project are available on the GCF website. FP203 GCF and World Wildlife Fund sign key Colombia ...
Article > News update 
Letter from the Executive Director: reflections and farewell
... to thank all of you for your support in helping GCF accelerate the transition to a low-emission, climate-resilient ... Over the past four years, we have had to face the challenges of COVID-19 as well as those of political and ... their amazing work and their dedication to the Fund. My proudest legacy is the team that we have built together, who are ...
Article > Speech 
GCF report highlights significant progress in climate impact
... period (referred to as ‘GCF-1’), ahead of its replenishment for the next four years. The GCF-1 Progress ... and mitigation projects in 129 countries. The report also describes the organisational growth and maturation of the ... climate finance more quickly to those most in need while it continues to invest in transformational projects which ...
Article > Press release 
GCF publishes timelines for B.36
... and key time periods for B.36 are presented below. Key milestones for B.36 Dates or indicative # of days Days from ... The report/s shall be disclosed (i) on the AE’s website, (ii) in locations convenient to affected peoples, and ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
GCF’s 2024-2027 Strategic Plan sets out greater ambitions and results for critical global climate action
... programming period 2020-2023 (GCF-1) and is undergoing replenishment for its next programming period (GCF-2), the ... resilient, reliable renewable energy, particularly for hardest to reach, and to increase renewable energy sources in ... engaging Board members, developing countries, Accredited Entities, observers, and other Fund stakeholders in ...
Article > News update 
GCF Regional Dialogue with Latin America sets to further accelerate climate action in the region
... Running on 24-26 July, 2023, the event aimed to accelerate climate action in the region by bringing together key ... Direct Access Entities , representatives of International Accredited Entities active in the region, Readiness delivery ... and further updates, please visit the official GCF website or contact the GCF Regional Desk for Latin America. ¹ ...
Article > News update 
GCF publishes timelines for B.37
... and key time periods for B.37 are presented below. Key milestones for B.37 Dates or indicative # of days Days from ... The report/s shall be disclosed (i) on the AE’s website, (ii) in locations convenient to affected peoples, and ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
GCF Regional Dialogue with Africa brings over 200 participants to support the region with innovative climate action
... and decision-makers, fostering collaboration and peer learning to drive low-carbon, climate resilient initiatives ... (NDAs), Ministries of Environment, Ministries of Finance, accredited Direct Access Entities, international Accredited ... further updates, please regularly check the official GCF website or contact the GCF Regional Desks of Africa. GCF ...
Article > News update 
Delivering climate action: GCF and partners sign agreements for six new projects
... were signed by the Green Climate Fund (GCF) and its Accredited Entity (AE) partners on the margins of GCF’s 37th ... . The FAAs, which contain a set of conditions to be fulfilled by the AE, must be negotiated and signed by GCF and the ... can launch. The short turnaround between Board approval and legal arrangements is a result of the Fund’s efforts to ...
Article > News update 
Climate Funds unite to enhance access to climate finance and increase impact
... the impacts of climate change grows, the need for collective action becomes more evident. For the first time ... the Global Stocktake, and on making financial flows available to developing countries in their path to low-emission, ... United Nations Framework Convention on Climate Change (UNFCCC) commented on the critical role of multilateral climate ...
Article > News update 
Moving from planning to action: The NDC partnership and the Green Climate Fund launch the Climate Investment Planning and Mobilization Framework
As global leaders are convening at COP28 in the United Arab Emirates, one message is loud and clear: we must urgently accelerate climate action – and ... and identify knowledge and capacity gaps. It is also designed to help providers of finance and support ...
Article > News update 
Green Climate Fund and Somalia: Accelerated USD 100 million investment partnership
... Director, Mafalda Duarte headed the first-ever GCF delegation to Somalia, announcing an accelerated programme of ... an investment pipeline including: GCF-Acumen “ Hardest-to-Reach " project will provide affordable, reliable ... United Nations Framework Convention on Climate Change (UNFCCC) and serves the 2015 Paris Agreement, supporting the ...
Article > Press release Somalia 
Green Climate Fund and Meridiam unveil ambition and opportunities for impactful climate investments
... early October to identify opportunities to mobilise and scale up capital for more ambitious climate action in ... France brought together private sector entities, business leaders, and potential co-investment partners from private ... United Nations Framework Convention on Climate Change (UNFCCC). It serves the 2015 Paris Agreement, supporting the ...
Article > Press release 
Ambition and coordination key to climate finance reform
... climate action, supporting the world’s most vulnerable communities. Such a system would improve the quantity, ... as if it does” Director of Means of Implementation at UNFCCC Sophie De Coninck said GCF is well positioned to be a ... achievable. For more information, visit the GCF COP29 microsite: https://cop.greenclimate.fund/ Ambition and ...
Article > News update 