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Green Climate Fund Board approves USD 500 million for new climate action, strengthens its Results Management Framework
... Board has allocated USD 501.1 million in GCF resources for new climate projects at its twenty-ninth meeting, and ... taken significant steps to strengthen results management for its growing portfolio. The four new climate projects ... of smallholder farmers. This project is part of the USD 1.26 billion GCF is investing in adaptation action in Africa ...
Article > Press release 
Tipping point or turning point: global solidarity for an inclusive, resilient recovery
... Dear colleague and friend, Executive Secretary of the UNFCCC, Patricia Espinosa; Ladies and Gentlemen. On behalf of ... Nations General Assemply. I would like to deeply thank you for joining us. Why is today’s Leadership Dialogue so ... of our financial systems. First, in preparation for COP 26, countries will be raising the ambition of their ...
Article > Speech
Financing low emissions, resilient development pathways
... friend, Christina Figueres, Founder of Global Optimism and former UNFCCC Executive Secretary; Dear Participants and colleagues. ... solution. The recovery from the COVID-19 economic crisis coincides with a pivotal time in the fight against climate ...
Article > Speech
GCF results-based payments: Stepping stone to unlock private finance at scale
... REDD+ ¹ had already existed in climate change negotiations for over a decade. First floated in 2005, the concept – ... the lion’s share of carbon market growth. At COP26 in Glasgow, the UNFCCC further developed key elements of Article 6 of the ...
Article > Insights 
GCF portfolio reaches USD 11.3 billion with new climate projects approved by the GCF Board
... 42.4 billion with co-financing. In line with GCF’s efforts to increase access to its resources, the Board adopted ... made in the ongoing review and update of the strategic plan for GCF’s second programming period of 2024 to 2027 ... 82.5 million as GGC scales up) with MUFG Bank (FP197); USD 26.9 million for CATALI.5°T Initiative: Concerted Action to ...
Article > Press release 
What do gin and tonic, coffee and mountain climate risks have in common?
For many, mountains are remote sites of natural beauty to ... has approved at least 31 projects in mountainous areas in 26 countries, with a total GCF investment of USD 1.8 ... may not be suitable for large-scale production. It is not a coincidence that mountain environments form the hubs that ...
Article > Insights 
GCF leaves COP30 ready to ramp up climate finance
... up its operations to help implement the new global goal for adaptation finance. Among the key COP30 outcomes were ... on a record year in which the Fund programmed USD 3.26 billion in new climate finance. GCF’s portfolio now ... United Nations Framework Convention on Climate Change (UNFCCC). Its reforms have revamped the accreditation process, ...
Article > News update 
Strategic Frameworks support for Guyana through GGGI
... of potential utility scale renewable energy projects for public-private partnership and GCF funding. To ... would help reduce the cost of power and pave the way for sustainable access to renewable energy. In line with ... assessment and provide recommendations as well as for innovative financing to leverage private sector ...
Document > Approved readiness proposal Guyana
Twenty-third meeting of the GCF Board (B.23)
... report, including the updated workplan of the Board for 2019 Co-Chairs consultations: decision-making in the event that all efforts at reaching consensus have been exhausted Co-Chairs ... United Nations Framework Convention on Climate Change Performance evaluation of the Heads of the Independent Units ...
Event > Board meeting Republic of Korea (the) 
Eighteenth meeting of the GCF Board (B.18)
... Reports from the Independent Units Workplan of the Board for 2018 Guidance from the Conference of the Parties Actions ... from direct access entities in the pipeline Options for GCF support for collaborative research and development in developing ...
Event > Board meeting 
Eleventh meeting of the GCF Board (B.11)
... Status of the initial resource mobilisation Strategic plan for the Green Climate Fund (progress report) Arrangements for the first formal replenishment of the Fund Consideration of funding ...
Event > Board meeting 
GCF-EIF agreement opens way for start of Namibian nature-based climate solution
... a Funded Activity Agreement (FAA) which opens the way for the implementation of a project in Namibia which ... said: “This project is emblematic of GCF’s support for nature-based adaptation initiatives. It takes a holistic ... Approval Process, developed to ease access to GCF resources for smaller climate projects,” he added. ...
Article > Press release Namibia 
United Kingdom pledges to double contribution to Green Climate Fund
... It is also a sign of trust in the GCF to deliver transformative climate outcomes that help developing countries ... during the Initial Resource Mobilization period. The first formal GCF replenishment was launched during the 21st GCF ... building activities (known as readiness support) helping 126 developing countries identify and address their most ...
Article > Press release United Kingdom 
Twenty-fourth meeting of the GCF Board (B.24)
... consensus regarding the outcome of a confidential ballot Performance review of the GCF Matters related to the first formal replenishment of the GCF Report from the ... Consideration and endorsement of the outcomes of the first formal replenishment process Strategic planning for 2020 – ...
Event > Board meeting Republic of Korea (the) 
Twenty-seventh meeting of the GCF Board (B.27)
... Status of GCF resources, pipeline and portfolio performance, including the annual portfolio performance report Ninth report of the Green Climate Fund to ... of accreditation proposals Updated Strategic Plan for the GCF for 2020 – 2023 Review of the Multilateral ...
Event > Board meeting 
Country programming support and sustainable tourism planning for Cabo Verde
... Contribution (NDC). Cabo Verde’s Strategic Plan for Sustainable Development 2017-2021 (PEDS), identifies key ... Cabo Verde has developed a Grand Strategic Plan Options for Sustainable Tourism Development for 2018-2030 (GOPEDS-Tourism 2018-2030), identifying ...
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
... of the proposed project is to ensure enabling conditions for the Government of Yemen and its key actors to effectively implement its priority actions for reducing its GHG emissions in line with the Paris ... The project will achieve this goal based on its transformational logic as follows: IF the project clarifies roles ...
Document > Approved readiness proposal Yemen
Enhancing Angola’s Access to Climate Finance for Sustainable Transport and Sustainable Landscape (AFOLU) Sectors
... (INDC, 2015). Angola’s mitigation contribution takes the form of a reduction in GHG emissions through the combined ... total unconditional and conditional contribution is, therefore, a 24% reduction in GHG emissions compared to the BAU ... sectors: (1) energy including transport; (2) agriculture, forestry and other land use; (3) industry; and (4) waste ...
Document > Approved readiness proposal Angola
Accreditation process
The accreditation process
Under the revised Accreditation Framework (RAF), GCF follows a five-step accreditation process, from nomination or self-nomination, to pre-screening, application, screening and review, and...
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Process for Project Preparation Facility support
Process for PPF support Entities accredited to the GCF, as well as ... justification of the AE or PSAA applicant’s need for funding from the GCF. Process for Project Preparation Facility support ...
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The Green, Inclusive Innovation Imperative
... However, I will contend that innovation cannot be taken for granted. Innovation is not pre-ordained and does not ... global development trends is recognized in the SDGs, the UNFCCC and the Paris Agreement. A single institutional ... and interactive community engagement process; face to face visits were organized to every house in concerned ...
Article > Statement 
The green innovation imperative
... However, I will contend that innovation cannot be taken for granted. Innovation is not pre- ordained and does not ... global development trends is recognized in the SDGs, the UNFCCC and the Paris Agreement. A single institutional ... and interactive community engagement process; face to face visits were organized to every house in concerned ...
Article > Speech
Readiness: Delivery partners
... the Secretariat’s support and systems put in place for this purpose. Given the complexity of integrated ... providers are contracted under Long-Term Agreements (LTAs) for an initial period of three years, with the possibility ... proposals in response to country- or DAE-issued Terms of Reference. The Mini Tender ‘rapid response’ process ...
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GCF Board closes key policy gaps as project pipeline reaches $1.5 billion
... of the Fund’s first Strategic Plan, its Work Plan for 2016, and the accreditation of 13 new entities. “The ... Investment Bank (EIB); International Finance Corporation (IFC); Unidad Para el Cambio Rural from Argentina (Unit for ... for the new Executive Director by concluding terms of reference for the position and recruitment process. GCF’s ...
Article > Press release 
A ‘vaccine’ for tropical forests?
International Forests Day, 21 March Elon Musk tweeted earlier this year ... that he would be "donating $100 million towards a prize for best carbon capture technology”. Out of 600 thousand ... enough? This is the area equivalent to the global tropical forests . What about 800 million hectares? This is the ...
Article > Insights 
Establishing an Evidence-Based National Adaptation Plan (NAP) process at National and Subnational Scales in Cambodia Phase 1
... the NAP process in 2014, establishing a strong foundation for the NAP process with its financing plan and ... vulnerabilities in key sectors (including agriculture, forestry, and fisheries; infrastructure; health; coastal ... budget for the second phase have been included for reference. Phase 2 intends to build on phase one through ...
Document > Approved readiness proposal Cambodia
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
... one of Cambodia's most important agricultural regions. For the first time in GCF history, the Subsidiary Agreement ... Basin has been experiencing annual temperature increases for over 70 years and precipitation is generally decreasing ... Cambodia’s food security, GCF and FAO partnered together for a USD 42.9 million project with USD 36.2 million in GCF ...
Article > News update 
GCF to scale up access, impact, and private sector investment through “50by30” roadmap
... (GCF) undergoes its second replenishment and prepares for its next four-year programming period (2024-2027), the ... of State in the Foreign, Commonwealth & Development Office (FCDO), United Kingdom; and Samaila Zubairu, President and CEO of Africa Finance Corporation (AFC). Opening the panel segment, the UK Minister of State in ...
Article > News update 
ED opening remarks
... and to express my deepest thanks to Mayor Yoo Jeong-bok for hosting this event in Incheon, Korea, the home of GCF. ... to programme these resources as soon as transferred. At COP 26, we were able to confirm that GCF had committed all its ... for around 2-3% of global climate finance flows under the UNFCCC; 0.5% of total climate finance flows; and less than ...
Article > Speech
Information disclosure
... Accordingly, the timely and effective provision of information about GCF and its activities is of paramount ... manner guided by efficiency and effectiveness. Information disclosure ...
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