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Growing ambition: the role of the Green Climate Fund in scaling up finance for climate action
... will face huge costs in adapting to climate change, up to $500 billion per year by 2050.” He then raised the ... in providing commercially attractive climate innovations, products and services. An expert panel, facilitated by Megan ... Leo Martinez, who advises the US Climate Envoy John Kerry, pointed out that the USA is now back in support of climate ...
Article > Press release 
Defining and measuring systemic resilience
... reach USD 3 to USD 6 trillion by 2040. From a microeconomic point of view, the infrastructure investment gap looks like ... higher upfront capital requirements, longer pay-back periods, and can have higher sensitivity to policy changes and ... remain a challenge for investors, who estimate the likelihood of various climate scenarios and their implications for ...
Article > Speech
ED’s remarks at Interactive Dialogue - Access to Climate Finance: Building on the Outcomes of UNFCCC COP 28
... that they are receiving right now and how, whether the modalities are really tailored to the specificities of SIDS. ... It was very interesting for me to see. An additional point that has been quite interesting for me to see, and the ... - Access to Climate Finance: Building on the Outcomes of UNFCCC COP 28 ...
Article > Speech
Adaptation
... severity of water-related disasters, such as droughts, floods, tropical cyclones and storm surges, and heat-related ... is now inescapable. Thematic brief: Adaptation 25 Oct 2021 The Green Climate Fund (GCF) is committed to ... on our targets for adaptation and resilience by ensuring a 50/50 balance in allocation of funding between mitigation ...
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Financing climate ambition in the context of COVID-19
... of Climate Business, International Finance Corporation (IFC)] At the onset I would like to thank the governments of ... of this discussion, saying that the world is at a turning point or at a crossroad is a tired cliché. But I cannot ... partnership institution. Today, we work with a network of 95 partner institutions, such as, for example, the ...
Article > Speech
Financing low emissions, resilient development pathways
... Christina Figueres, Founder of Global Optimism and former UNFCCC Executive Secretary; Dear Participants and colleagues. ... The Covid-19 pandemic has brought us to a tipping point or a turning point in our fight against climate ... solution. The recovery from the COVID-19 economic crisis coincides with a pivotal time in the fight against climate ...
Article > Speech
GCF private sector conference explores how to break through finance barriers
... are in developing countries,” said the President, while pointing out the urgent need to close the “missing link” ... by avoiding deforestation. “Why don't we have a USD 2.5 billion fund to promote modern tropical agriculture in in the Congo Basin?” he ...
Article > Press release 
Access funding
Overview
GCF funds climate action. This section provides information and resources guiding you through the process of applying for funding. It is designed to help developing countries and Accredited Entities design...
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The positives of preparing for disaster
... information systems, which consist of data collection points that are mapped and analysed, to provide communities ... can also address long-term sea level rise, and mitigate flooding impacts through infrastructure and land-use planning. ... percent of Vanuatu’s infrastructure located no more than 500m from the coastline, it is highly exposed to destructive ...
Article > Story Multiple countries 
Private sector financing
... to rely on the resources of public institutions alone. Today, the private sector manages more than USD 210 trillion ...
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Process for Project Preparation Facility support
Process for PPF support
Entities accredited to the GCF, as well as applicants under the Project Specific Assessment Approach (PSAA), are eligible to request PPF support. A project Concept Note must be submitted along...
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Readiness: Delivery partners
... both the Country and the DAE support windows NDAs/focal points and DAEs may choose to implement readiness support ... under Long-Term Agreements (LTAs) for an initial period of three years, with the possibility of extension for an ...
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GCF side event asks ‘what makes a good project?’
... the Green Climate Fund on 2 December brought together over 500 participants for a discussion on how to create good low-emission and climate-resilient projects. The meeting ... Hela Cheikhrouhou, GCF’s Executive Director, pointed out that the Fund stands ready to support the ...
Article > Press release 
Structured Dialogue with the Pacific 2018
... in the Region. The four-day event convened almost 150 participants from 14 Pacific countries, including ... and one from private sector), 18 Readiness Proposals (USD 5.47 million) , 1 Project Preparation Fund grant (USD 0.53 ... the GCF Board in the future. Some of the key outcomes and points of shared learning from the Structured Dialogue ...
Event > Structured dialogue Micronesia (Federated States of) 
UN forum side event highlights need for GCF replenishment
... have less than 12 years to ensure it does not cross the 1.5 degrees Celsius of warming as identified by ... and private sources of funding." Minister Sayed-Khaiyum pointed out that "GCF is in a unique position to bring the ... live within 2 km of the coast. Minister Clarke pinpointed the need for facilitating access to climate finance, ...
Article > Press release 
GCF and Korean Government join forces to promote global Green New Deal
... in green, resilient infrastructure, technologies, business models and institutions,” he added. The conference ... the number of solar and wind power facilities by 2025, compared with last year. While highlighting domestic ... UN Assistant Secretary-General for the Climate Action Team, pointed out that every continent is already experiencing ...
Article > Press release 
Regional Project for Leapfrogging to Energy-Efficient and Climate Friendly Air Conditioners in Cuba, El Salvador and Honduras
... United for Efficiency’s (U4E) initiative for cooling products, the technological transition to more ... following potential savings: emissions reduction of over 35 million tonnes of CO2eq from avoided burning of fossil ... Moreover, this project will serve as the starting point to implement similar programs to replicate the ...
Document > Approved readiness proposal Multiple countries
Reflections by GCF experts on latest IPCC report – a glimmer of hope?
... variability. Climate-related extremes have affected productivity in agriculture, forestry, and fisheries. ... coming decades even if global warming can be held to the 1.5°C Paris Agreement goal. Exceeding this level even ... and livelihoods – may face adaptation limits - the point at which adaptive actions are no longer effective - ...
Article > Insights 
Establishing an Evidence-Based National Adaptation Plan (NAP) process at National and Subnational Scales in Cambodia Phase 1
Cambodia initiated the NAP process in 2014, establishing a ... This decentralization process presents an ideal entry point for improving subnational capacities for climate ... for determining vulnerabilities, particularly within Cambodia’s fast-growing cities. The last challenge observed is ...
Document > Approved readiness proposal Cambodia
GCF convenes partners to bolster climate action amid global uncertainty
... Programming Conference (GPC) will be held from 13 to 15 September in Incheon, Republic of Korea. The GCF Private ... Ministers, GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to provide ... focused on innovative policy, technology, business model and financial solutions. Day 2 will focus on catalyzing ...
Article > News update 
GCF conference opens with calls from developing countries for increased finance for climate action
... GCF with funds for new climate action for the 2024-2027 period. The replenishment process, which will culminate in a ... next year, will also set the priorities for the coming period. GPC is bringing together Ministers, GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to provide ...
Article > Press release 
Mainstreaming Climate Resilience into Water Sector Planning, Development and Operations in Saint Lucia
... continues to face human resource constraints. At this point WASCO has embarked on various institutional ... of industry best practices, development of knowledge products and provision of technical support. The project will ... be WASCO staff (technical management, administration) of 125 persons and in addition all 414 members of staff will ...
Document > Approved readiness proposal Saint Lucia
Indigenous Knowledge and Climate Resilience in the Amazon: Bridging Traditional Wisdom and Modern Technology
... was on the rise in developing countries. The use of such modern technology created new opportunities, but I was also ... remote sensing spectral patterns and indigenous knowledge codes for assessing the suitability of sites for swidden ... of climate change impacts and the impending tipping point of the Amazon biome, show the need to better ...
Article > Insights 
Climate Funds unite to enhance access to climate finance and increase impact
... United Nations Framework Convention on Climate Change (UNFCCC) commented on the critical role of multilateral climate ... GCF to be capable of managing a capitalisation of USD 50 billion by 2030. On complementarity and coherence, she ... workshop in Uganda as a tangible example. She also pointed out that philanthropy could play a role in building ...
Article > News update 
Farmerline: Empowering smallholder farmers and governments to create climate-resilient agribusinesses
... ensuring long-term sustainable increases in agriculture productivity, and enhancing the incomes of smallholder ... fertiliser. Governments, development organisations, food manufacturers and agribusinesses in turn have access to ... of the population, understanding their concerns and pain points, connecting it to real-time policy changes. This ...
Article > Story Multiple countries 
Hope for the Amazon: Stories of resilience, empowerment, and conservation
... to high-altitude cloud forests – host exceptional biodiversity but are under threat. Agriculture, a primary ... Amazon Programme for Forest Conservation and Sustainable Production, Ecuador pioneered a deforestation-free future by ... private sector,” said Marc Dumas-Johansen, a REDD+ focal point and specialist on agriculture, food security and ...
Article > Story Ecuador 
25th meeting of the Conference of the Parties (COP25)
The 25th Conference of the Parties to the United Nations ... Agreement. GCF is part of the financial mechanism of the UNFCCC and serves the Paris Agreement. The Fund reports its ... project partners), NDAs (our developing country contact points) and others. 03 December 2019 (Tuesday) Event title ...
Event > Events organised / involving GCF Spain 
ED opening remarks
... very high confidence that ‘Global warming, reaching 1.5°C in the near-term, would cause unavoidable increases in ... have designated a National Designated Authority/Focal Point and GCF has established a network of 113 Accredited ... for around 2-3% of global climate finance flows under the UNFCCC; 0.5% of total climate finance flows; and less than ...
Article > Speech
A milestone in climate action: GCF approves USD 1 billion of climate finance for developing countries
... GCF’s portfolio to 270 projects valued at nearly USD 15 billion across 130 countries. Approved initiatives ... United Nations Framework Convention on Climate Change (UNFCCC) and serves the 2015 Paris Agreement, supporting the ... country National Designated Authorities (NDAs) or focal points. Organisations nominated to become Direct Access ...
Article > Press release 
PSAA overview
... reducing the overall time to access to GCF funding. Introduction to the Project-specific Assessment Approach Note to ... New proposals may be submitted beyond the initial pilot period, provided they are sufficiently mature to reach the Board ... Entities (AEs) . Total PSAA pilot applicants 135 Active pipeline 23 Approved proposals 12 Figures are ...
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