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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 
Green Climate Fund approves funding to Climate Asset Management to develop strategy for scaling regenerative practices at a landscape level in Sub-Saharan Africa
GCF grant to enable design of a blended finance and technical assistance facility aimed at ... Ghana, Nigeria, Rwanda, Tanzania, and Zambia; with Laudes Foundation providing additional grant funding to build ...
Article > Press release 
Green Climate Fund to Support Development of Conservation International Initiative to Transform Water Security in Bogotá
... project aims to reduce climate risk for half a million people from highly vulnerable rural communities and 250,000 urban residents by creating ... other studies to support a robust innovative water project design, ensuring that the project addresses critical water ...
Article > Press release 
Climate-smart farming boosts forests and food security in Madagascar
In Madagascar — one of the world’s most climate-vulnerable countries — a devastating drought , punctuated by intense cyclones , has pushed more than a million people into hunger. As extreme weather exacerbates poverty and ... International. Edited by: Zeenia Dastur, GCF Madagascar FP026 Climate-smart farming boosts forests and food security in ...
Article > Story Madagascar 
Pioneering Barbados water project kick starts
... Barbados today announced that a groundbreaking project that leverages an innovative financing model to scale up climate action and simultaneously avoid increasing the ... United Nations Framework Convention on Climate Change (UNFCCC). It serves the 2015 Paris Agreement, supporting the ...
Article > Press release Barbados 
Caribbean countries launch landmark platform to scale up climate investment
The creation of a platform to accelerate the mobilisation of finance for the boosting of ... country-focused game-changing investment opportunities while enhancing a regional approach to resilience building in ... of partner organisations. GCF’s Readiness Programme provides grants of up to USD 7 million per developing country ...
Article > Press release Barbados 
GCF convenes Regional Dialogue and Direct Access Entities Workshop in Latin America to accelerate climate action
... Direct Access Entities (DAEs), international Accredited Entities (AEs), civil society, and private sector ... Dialogue (15–17 September), where participants tackled some of Latin America’s most pressing climate finance ... collaborative. Participants joined a mini competition to design concessional finance structures for hypothetical ...
Article > News update Dominican Republic (the) 
Adaptation planning vital in helping countries weather change
... hurricane season across the Caribbean was one of the most destructive on record , according to the World Meteorological Organisation (WMO). Extreme weather killed several hundred people, impacted the lives of millions, ... United Nations Framework Convention on Climate Change (UNFCCC). Adaptation planning is part of the Cancun Agreements ...
Article > Press release 