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Climate finance should focus on rural sector, says leading Indian lender
The entrepreneurial hero of India’s climate response will more ... be wearing farming clothes than a business suit, said a leading representative of India’s major rural development ... to strengthen GCF’s partnerships with its direct access Accredited Entities. Addressing climate finance priorities in ...
Article > Press release India NABARD 
GCF invests USD 99 million in EBRD Green Cities Facility to reduce urban climate impacts
The Green Climate Fund (GCF) took a major step forward today to ... agreement with funding partner EBRD. Cities have a vital role in achieving the Paris Agreement to keep temperature ... in Morocco, to renewables in Egypt, to green economy credit lines and green cities across our countries of ...
Article > Press release EBRD 
Green and climate resilience bonds – Scaling up access to affordable finance in developing countries, notably in LDCs
... and private sectors to catalyse climate finance at scale and create new, green markets. Markets that work for ... includes exchanges and trading platforms, clearing houses, credit risk assessment, custodians, and fiduciaries, without ... public co-financiers. In turn, these public funds will mobilise substantial additional private capital flows ...
Article > Speech
Blue-Green Investment Corporation
... we will see some of the largest, earliest increases in sea levels and temperatures and where droughts and floods will ... more devastating. Barbados has an ambitious and comprehensive "Roofs to Reefs" resilience agenda. But the ... that draws in other financing players like banks, credit unions, pension funds, and insurance companies and ...
Document > Approved project preparation funding application Barbados PCA
Response to allegations reported by Financial Times
The Green Climate Fund (GCF) takes very seriously allegations of ... made in a Financial Times newspaper article published on 26 August. The GCF’s Secretariat strongly refutes claims ...
Article > Statement 
Bhutan’s King optimistic about climate solutions
... This was echoed in the various meetings that the Green Climate Fund delegation had during the scoping mission to Bhutan from 26 August to 1 September 2018. The mission was in Bhutan to ...
Article > Press release Bhutan 
GCF/B.25/05 - Addressing gaps in the current portfolio for measurement
... (c)) in response to document GCF/B.22/07/Add.01 titled “Results management framework: Independent Evaluation ... report results from its investments in the initial resource mobilization period. Recommendations are informed by the ... M&E gaps. Upon the willingness and agreement of accredited entities to amend ongoing project agreements, the ...
Board document > Action item
GCF/B.32/06 - Review of the initial private sector facility modalities and the private sector strategy
This policy package has been prepared for agenda item 8(b) on policy consultations, in ... updated Strategic Plan. The document provides the rationale for a strategy by reviewing the climate financing gap and the imperative of mobilizing private finance to meet urgent mitigation and ...
Board document > Action item
GCF Board closes key policy gaps as project pipeline reaches $1.5 billion
... first Strategic Plan, its Work Plan for 2016, and the accreditation of 13 new entities. “The Board has reached ... vision, operational priorities, and an action plan to be implemented by 2018. The Strategic Plan strengthens the ... Investment Bank (EIB); International Finance Corporation (IFC); Unidad Para el Cambio Rural from Argentina (Unit for ...
Article > Press release 
GCF Private Investment for Climate Conference 2022
Join us for the fifth annual GCF Private Investment for Climate Conference (GPIC). A flagship event that gathers global leaders from the private and public sectors to accelerate ... and adaptation Speakers: Mitsuhiro Yamawaki, Deputy CEO, Credit Guarantee and Investment Facility Anuj Awasthi, VP ...
Event > Events organised / involving GCF 
GCF and World Bank sign renewable energy project agreement
GCF and the World Bank have signed an instrumental legal agreement to rapidly begin implementing the ... of SRMI-Resilience’s FAA, the World Bank, as the accredited entity, can now rapidly move from approval to ...
Article > News update WorldBank 
GCF and DBSA partnership to boost climate investments in the Southern Africa region
... kick-off the programme to break market barriers and accelerate investments into climate projects. The Southern ... public resources are needed to tackle the challenge, and mobilising private sector investments is crucial. ... USD 56 million, will break these barriers by providing credit enhancements such as subordinated debt tranches and ...
Article > Press release Multiple countries DBSA 
GCF helps reduce renewable business costs in South Africa
The Green Climate Fund (GCF) will help drive down the price of renewable energy in South Africa by boosting the private sector’s ... to be implemented by DBSA, provides credit support to renewable energy projects – with a ...
Article > Press release South Africa DBSA 
Scaling the role of climate finance after COP27
... Annual Scaling Up Community of Practice Workshop, the Green Climate Fund (GCF) and the Brookings Institution ... 2023 to assess the outcomes of COP27, particularly the role of climate finance and how to scale its impact for ... 80 per cent of yearly global climate finance, since higher credit ratings and a more threatening investment ...
Article > News update 
Iraq unveils plans for ambitious climate project pipeline
The Republic of Iraq has formally announced its intention to develop a substantial portfolio of projects to ... priorities in one of the world’s most climate-vulnerable countries. Furthermore, this programme will serve as a ... on irrigation and limited adaptive capacity. Photo credit: ©FAO/Cengiz Yar. Iraq FP249 Iraq unveils plans for ...
Article > News update Iraq FAO 
GCF sets the tentative funding proposal schedule for B.22
... twenty-second Board meeting. The timeline lists key dates leading to the Board meeting, where the 24 Board members ... decide on funding proposals brought forward by GCF Accredited Entities. The 22nd GCF Board meeting will ... The report/s shall be disclosed (i) in the AE’s website, (ii) in locations convenient to affected peoples, and ...
Article > Press release 
Joint statement by GCF and GGGI
The Green Climate Fund (GCF) and the Global Green Growth Institute ... the Government of Korea to meet its net zero emissions pledge. GGGI and over 35 partner organizations have come ... contributions to the Paris Agreement, ahead of COP26. Both GGGI and GCF are ready to support the ROK ...
Article > Statement 
GCF and UNIDO partnership agreement bolster climate-resilient industrial development
... Industrial Development Organization (UNIDO). The Accreditation Master Agreement (AMA) paves the way ... for us to bring innovative climate solutions. Being able to utilise UNIDO’s technical expertise in industrial ... Coordination. UNIDO became a GCF Accredited Entity at the 26th Meeting of the GCF Board in August 2020. GCF has ...
Article > Press release UNIDO 
The Green Climate Fund kicks off first Board meeting of 2024 in Rwanda
Eleven project funding proposals requesting a total of USD ... also consider proposals from eight organisations for GCF accreditation, six of which are sub-national, national, or ... countries. See the Boardroom section of the GCF website to find out more about the Board’s composition and to ...
Article > News update 
Green Climate Fund statement on the United States’ withdrawal from GCF
... United Nations Framework Convention on Climate Change (UNFCCC). Being a Party to the UNFCCC is a pre-requisite for representation at the GCF Board. In line with GCF ... Central to this mandate is GCF’s support for affordable, reliable, and sustainable energy, recognising that ...
Article > Statement 
Federated States of Micronesia Development Bank
The Federated States of Micronesia Development Bank (FSMDB) is a national direct access entity based in ... the socioeconomic and environmental sustainability of the country. It facilitates the sustainable development of the Federated States of Micronesia through ...
Organisation > Accredited Entity (AE), Direct (National) Micronesia (Federated States of)
NDA Strengthening and Country Programming support for Indonesia through GGGI
... strong gender equality focus. Direct access realized; while Indonesia is already in an advanced state with one DAE, ... Few institutions understand or meet requirements for accreditation. This workstream will identify and support ... and project developers will be key. Private sector mobilized; while green and climate-friendly investment is ...
Document > Approved readiness proposal Indonesia
Desert to Power G5 Sahel Facility
... Sahel countries for support, AfDB seeks to assist them with mobilizing financial resources from its own budgets, and ... hinder these countries from adopting a low emission power generation path and achieving universal access to electricity using their untapped solar potential. The ...
Document > Concept note Multiple countries AfDB
GCF/B.28/04 - Addressing gaps in the current portfolio for measurement
... (c)) in response to document GCF/B.22/07/Add.01 titled “Results management framework: Independent Evaluation ... report results from its investments in the initial resource mobilization period. Recommendations are informed by the ... M&E gaps. Upon the willingness and agreement of accredited entities to address existing M&E gaps and amend ...
Board document > Action item
National Adaptation Planning for Improved Food Security in Grenada
Grenada’s increasing vulnerability and exposure to climate ... events (hurricanes, storms, floods, drought, and sea level rise). Local production accounts for about 30% of food ... vulnerabilities, risks and resilience options. Objective 6: Mobilize funding for further resilience-building measures to ...
Document > Approved readiness proposal Grenada FAO
Gap assessment and action plan for the International Bank of Azerbaijan (IBA) to meet the GCF requirements
Azerbaijan is highly vulnerable to the negative effects of climate change. The challenges ... by 35% compared to 1990. These commitments require to mobilize large amount of investments to finance mitigation ... GCF outcome: Outcome 1.2: Direct access applicants and accredited entities (DAEs) have established capacity to meet ...
Document > Approved readiness proposal Azerbaijan EYAG
StrengtheningBangladesh’s NDA Secretariat, Enhancing Pipeline Implementationand Private Sector Engagement in Effective Climate Action
The Green Climate Fund (GCF) represents a significant opportunity to mobilize resources necessary to implement Government of Bangladesh’s (GoB) climate change ...
Document > Approved readiness proposal Bangladesh FAO
Post Accreditation Support for the National Fund for Environment and Climate (FNEC) of Benin
... capacity in term of origination, development, and implementation of climate change related projects Limited ... the FNEC and its staff involved in the process of resource mobilization, project monitoring, evaluation, and financial management as well as the NDA. Benin Post Accreditation Support for the National Fund for Environment ...
Document > Approved readiness proposal Benin FNEC
GCF/B.33/10 - Updates on addressing gaps in the current portfolio for measurement
... quality of results measurement in the GCF portfolio and enable GCF to credibly report results from its investments in the initial resource mobilization period. The update is in response to the ... document presents the outcome of the negotiations with accredited entities (AEs) implementing projects/programmes ...
Board document > Action item
Increasing the Capacity of Bangladesh’s NDA and Direct Access Accredited Entities to Access GCF Resources
... and 3) establishing a ‘one-stop-shop’ data and knowledge center. The proposed project will address the ... by increasing operational and technical capacities to mobilize climate finance from private and public sources in ... the Capacity of Bangladesh’s NDA and Direct Access Accredited Entities to Access GCF Resources ...
Document > Approved readiness proposal Bangladesh PKSF