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Debt for climate swaps: exploring avenues and opportunities
... debt and the deepening climate crisis presents a dual challenge of paramount significance, particularly in ... Island Developing States. Debt-for-Climate Swaps (DFCS) are an agreement between a sovereign and its creditors that reallocates a portion of ongoing debt ...
Document > Working paper
Meet the iTAP: Nature-based Solutions across the GCF’s portfolio
In this Meet the iTAP session, iTAP's Chair Caroline Petersen presented on Nature-based Solutions across the GCF’s portfolio of adaptation, mitigation and cross-cutting projects and programmes, highlighting some trends...
Event > Webinar 
Enhancing access and increasing impact: the role of the multilateral climate funds
The need for collective, urgent and ambitious action on climate is greater ... funding and develop local projects directly through accredited national implementing entities. The Climate ... United Nations Framework Convention on Climate Change (UNFCCC) and serves the 2015 Paris Agreement, supporting the ...
Article > Statement 
Developing a pipeline of climate smart and resilient projects involving the private sector, and further strengthening the NDA
... been prepared, and the programming of investments is quite clear. However, a lot remains to be done, especially to ... priorities for climate change, through support to accreditation of three national entities (FONSIS1, FONGIP2 and ... ; iii) three national entities have moved in the accreditation process, and at least one of them has prepared a ...
Document > Approved readiness proposal Senegal
Green Climate Fund Board opens first meeting of 2019
... session on Monday 25 February where it announced the selection of Yannick Glemarec as its new Executive Director . ... to propose and carry out climate finance projects as Accredited Entities. GCF’s 24 Board members represent ... civil society and private sector organisations, National Designated Authorities (NDAs), which are the national ...
Article > Press release 
GCF engages Asian countries in dialogue on their climate investments
... The diverse nature of Asia means the types of climate challenges that nations in this region face vary greatly – ... National Designated Authorities (NDAs) and focal points, Accredited Entities, a wide group of country stakeholders, ... such as the 13thUnited Nations Climate Change Conference (UNFCCC) in 2007 which launched the Bali Road Map , an early ...
Article > Press release Indonesia 
Australia and the GCF Secretariat co-host the Pacific Regional Workshop in Fiji
... headquarters in Suva, the gathering will bring together relevant stakeholders to galvanise action on the GCF in the ... representatives of Pacific Island country National Designated Authorities (NDAs) and Focal Points, GCF Accredited Entities, delivery partners, civil society and the ...
Article > Press release Australia Fiji 
GCF invests USD 270 million to catalyse African climate investment with AFD
... (AFD) signed the agreement which will kick-off the implementation of the “Transforming Financial Systems for ... and boost the private sector’s investments into renewable energy, energy efficiency, and climate resilience ... will be provided by GCF. GCF Executive Director Yannick Glemarec said: “The launch of this programme with AFD marks ...
Article > Press release 
New GCF-Government of Mongolia agreement supports country’s Paris Agreement goals
... Climate Fund (GCF) to provide the organisation with Privileges and Immunities. The agreement was signed during the ... United Nations Framework Convention on Climate Change (UNFCCC), governments recommended that Parties to the UNFCCC enter bilateral agreements with GCF by promptly ...
Article > Press release Mongolia 
GCF and TBC Bank, Georgia’s largest bank, sign accreditation agreement
GCF has signed an Accreditation Master Agreement (AMA) with JSC TBC Bank, the ... a five-year accreditation term. This partnership will enable GCF to mobilise funds through the private sector to ... a Readiness proposal with the ambition to support TBC in designing a GCF project for a loan facility dedicated to ...
Article > News update 
Thirty-sixth meeting of the GCF Board (B.36)
... and groups Performance review of the members of the Accreditation Panel Appointment of new members of the ... of the second consultation meeting for the second replenishment of the Green Climate Fund Evaluation conducted by ... Consideration of funding proposals Consideration of accreditation proposals Resourcing implications for ...
Event > Board meeting 
A tribute to Leo Paat Jr.
Three months ago the Green Climate Fund mourned the loss of Leonardo Paat, our dear friend and colleague. Leo died from ... (B.24) in 2019. Always humble and modest, Leo refused credit for himself, but preferred to keep in the background. ... by the Board in 2019. The process of moving beyond the IFC’s Performance Standards and developing GCF’s own ESS ...
Article > Story 
Addressing the climate crisis: scaling up existing climate innovation and investment
Your Excellencies, Ladies and Gentlemen, Good afternoon. At the onset, ... achieved in low-income countries over the past few decades, with all its implications on climate justice as well as ... close to 0% per annum. For developing countries, with low credit ratings, interest rates are significantly higher, ...
Article > Speech
FP216 - Scaling up climate resilient flood risk management in Bosnia and Herzegovina
... shifts in seasons and rainfall patterns. This has led to a rise in destructive floods, causing damage to infrastructure, agriculture, and livelihoods. Currently, 26 per cent of the population in Bosnia and Herzegovina is ...
Project > Public sector Bosnia and Herzegovina 
GCF.10: 10 years of climate impact
... Overview" is now out! Follow GCF at COP30: visit the website Raising Ambition, Empowering Action In November 2015, ... with GCF-funded projects Over × Anticipated CO₂ equivalent avoided *Aggregated estimates based on all approved ... Currency: USD The faces of GCF This photo collection provides a glimpse into the communities and partners experiencing ...
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Strategic Frameworks support for Guyana through GGGI
... will support the development of potential utility scale renewable energy projects for public-private partnership ... the Country Programme being developed, potential national accredited entities from the Energy Sector will be assessed ... Sector Commission as well as other potential national accredited entities and private sector stakeholders from the ...
Document > Approved readiness proposal Guyana
Country programming support and sustainable tourism planning for Cabo Verde
... towards environmental instabilities as well as its high level of poverty and dependence on fossil fuels present significant challenges within the country. The Government of Cabo Verde has ... that are major drivers of GHG emissions such as water desalination, electricity, food production, waste ...
Document > Approved readiness proposal Cabo Verde
Supporting Yemen’s Low Emissions Development through the preparation of the Nationally Determined Contribution (NDC), while enhancing required capacities and project pipeline in support of reducing emission
... Government of Yemen and its key actors to effectively implement its priority actions for reducing its GHG emissions ... logic as follows: IF the project clarifies roles and responsibilities among the LED Network members and ... members, including the private sector, local banks, Accredited Entities (AEs), future Direct Access Entities ...
Document > Approved readiness proposal Yemen
Enhancing Angola’s Access to Climate Finance for Sustainable Transport and Sustainable Landscape (AFOLU) Sectors
... of the Angolan economy. Economic sectors are highly vulnerable to climate change impacts, which pose severe livelihood ... aims to enhance Angola’s access to climate finance to implement its NDC targets, namely by developing the Readiness ... Readiness grant, which this Readiness proposal will complement. Agriculture, forestry and other land use (AFOLU), ...
Document > Approved readiness proposal Angola
Annual Report 2023
... year for the Green Climate Fund (GCF) with several milestones: the culmination of its 2020-2023 programming ... countries for climate action. By the end of 2023, GCF accredited 22 new Direct Access Entities (DAE), raising the ... in response to the intensifying climate crisis. Besides UNFCCC and UNDP, GCF is part of an interim secretariat for the ...
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GCF ensures Indigenous Peoples play a key role in climate action
The Green Climate Fund (GCF) celebrates the International Day of the World’s Indigenous ... to a selected mountainous area, and then covering the site with mud, ash and charcoal before closing it off with ... over 100 developing countries. Their participation is designed to ensure their important place in society is not ...
Article > Press release 
Work with us
... of our operations. Innovative We strive to be leaders in the field of climate finance, take risks where we ... constantly explore better ways to do things and build knowledge. Responsive We work in collaboration with all our ... and each other, to understand what is needed, build and implement solutions, and communicate what is happening. ...
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Annual Results Report 2020
... countries with approved projects 0 Projects under implementation worth USD 1.4 billion of GCF funding 0 GCF funding disbursed for projects under implementation 6 Accredited Entities Approved projects value by theme (Grant ... United Nations Framework Convention on Climate Change (UNFCCC), contributing to the goal of keeping an average global ...
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Twenty-third meeting of the GCF Board (B.23)
... review of the GCF Matters related to the first formal replenishment of the GCF Report from the replenishment process ... observers Updated Gender Policy and Action Plan Updated accreditation framework Review of the initial investment ... Consideration of funding proposals Consideration of accreditation proposals Risk management framework Compliance ...
Event > Board meeting Republic of Korea (the) 
Eighteenth meeting of the GCF Board (B.18)
... development in developing countries Matters related to accreditation Matters related to the accreditation framework and policy gaps: Co-Chair’s proposal ... proposals Simplified approvals process for certain small scale activities Request for proposals for REDD-plus ...
Event > Board meeting 
Fifteenth meeting of the GCF Board (B.15)
... including outcomes of the Co-Chairs’ consultations Implementation of the Work Plan of the Board for 2016 Report on ... readiness and preparatory support programme Country and accredited entity programmes Country ownership guidelines ... on the formal replenishment process Matters related to accreditation Consideration of accreditation proposals ...
Event > Board meeting 
Eleventh meeting of the GCF Board (B.11)
The eleventh meeting of the Board of the Green Climate Fund will ... Initial monitoring and accountability framework for accredited entities Report on implementation of legal and formal arrangements with accredited entities (Accreditation Master Agreement) Strategy ...
Event > Board meeting 
Tenth meeting of the GCF Board (B.10)
... panels Status of the Initial Resource Mobilization process Level of concessional terms for the public sector Brief ... of the Appointment Committee Consideration of accreditation proposals Initial monitoring and accountability framework for accredited entities (progress report) Report on the ...
Event > Board meeting 
GCF-EIF agreement opens way for start of Namibian nature-based climate solution
... Activity Agreement (FAA) which opens the way for the implementation of a project in Namibia which builds the ... adaptation approach. GCF Executive Director Yannick Glemarec said: “This project is emblematic of GCF’s ... The use of an ecosystem-based approach in this project is designed as a cost-effective way of building climate ...
Article > Press release Namibia 
United Kingdom pledges to double contribution to Green Climate Fund
... the announcement, UK Business and Energy Secretary Andrea Leadsom commented: “The Green Climate Fund has supported ... 21st GCF Board meeting in October 2018. The process includes consultation meetings with potential contributors, ... building activities (known as readiness support) helping 126 developing countries identify and address their most ...
Article > Press release United Kingdom 