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GCF Africa Regional Dialogue opens with a focus on regional climate solutions
... with Africa convened government focal points (Nationally Designated Authorities), implementing partners ... private sector partners from across the continent. The overall theme of the Dialogue, held at the United Nations ... motto of being a unique fund for humanity’s greatest challenge,” State Minister Mekonen said. GCF’s Director of ...
Article > News update Ethiopia 
Disasters spur climate action coherence in Caribbean
... accentuates the need to focus on boosting resilience at all levels. “We need to build resilience to climate change ... to support mitigation and adaptation, including locally-based climate resilient projects. Timothy Payne, the ... Caribbean and for capacity building and pre-feasibility studies for the proposed First Climate Resilient-Smart City in ...
Article > Press release Multiple countries 
Asian private sector ambition key to climate solution, Dialogue finds
... proposals included a strong desire to tap GCF support, totalling USD 2.6 billion to fund a range of climate ... sector investment and mainstream climate change across all sectors of national development. Senator Loren Legarda ...
Article > Press release Indonesia 
GCF discusses progress at Marrakech climate talks
... and truly transformational; one that has the backing of all countries, as much as by civil society and the private ... grants already approved. Of these countries, 37 are Small Island Developing States (SIDS), Least Developed ... in particular. Within one year, the Green Climate Fund has allocated more than USD 1 billion, for a total of now 27 ...
Article > Press release 
NDA Strengthening and Country Programming support for Algeria through National Agency on Climate Change
... of climate change is in Algeria an important and new challenge. A large part of Algeria belongs to the ... ecosystems and the sustainability of economic development. All socio-economic sectors and institutions are gradually incorporating aspects related to climate change, ...
Document > Approved readiness proposal Algeria
Green Climate Fund Board approves USD 267 million for climate action, agrees decision-making procedures
... agreed procedures for adopting decisions in the event that all efforts at reaching consensus have been exhausted. The Board allocated USD 266.9 million in GCF resources for climate ... Vulnerability in the Water Sector (ACWA) in the Marshall Islands FP113 – USD 23.1 million for TWENDE – ...
Article > Press release 
UN Climate Summit paves the way for an ambitious and successful replenishment of the Green Climate Fund
Calls from UN Secretary-General António Guterres to double ... to win the race against climate change. We are grateful to all the countries which made ambitious new pledges, and to ... climate projects in the developing countries. GCF has now allocated over USD 5.2 billion to 111 climate projects in 99 ...
Article > Press release Multiple countries 
Climate investments critical for post-COVID recovery: GCF conference highlights mobilisation of private capital to green developing economies
... Climate Conference have flagged the pandemic as a wake-up call for efforts to shift portfolios towards climate-friendly ... green economic stimulus measures in response to the challenges of COVID-19 and climate change. Christian ... and Markets, said: “The pandemic has been a wake up call for all these efforts. It has focused our attention, the ...
Article > Press release 
Strengthening Adaptation Planning processes and capacity for successful implementation of adaptation actions in the Agricultural and Water sectors of Trinidad and Tobago
Like many other Small Island Developing States (SIDS) in the Caribbean, the ... including increasing temperatures, shifting rainfall patterns, rising sea levels and more intense tropical ... of adaptation-based ventures. These issues complicate all efforts to mobilize adequate financing from the ...
Document > Approved readiness proposal Trinidad and Tobago FAO
Climate crisis in the Himalayas: addressing the threat of melting glaciers in Northern Pakistan
... harvesting, and ice stupas for water conservation in the valleys of the north. The goal is twofold: to safeguard local communities and provide early warnings of potentially catastrophic flood events. A comprehensive plan of ... the area, ensuring that no one is left behind. By Jin Hee Dieu, in collaboration with UNDP Pakistan FP018 Climate ...
Article > Story Pakistan UNDP 
Green Climate Fund approves funding to Climate Asset Management to develop strategy for scaling regenerative practices at a landscape level in Sub-Saharan Africa
... at enhancing climate adaptation and food security for smallholder farmers across landscapes in Sub-Saharan Africa ... and food security, whilst enhancing the livelihoods of smallholder farmers in Sub-Saharan Africa. The initiative will ... aim to meet the unique needs of each landscape, enhancing smallholder livelihoods and supporting resilient and ...
Article > Press release 
Caribbean countries launch landmark platform to scale up climate investment
... too long, the Caribbean has been sounding the alarm and calling for greater action to build the resilience of our ... but in game-changing, future-defining solutions to this challenge that confronts us all. As Prime Minister of Barbados and Chair of CARICOM, I ...
Article > Press release Barbados 
Project safeguards
Overview GCF ensures that the climate finance it allocates does not harm local communities or ecosystems. GCF ...
Basic page
Policies: Project approval
Project approval
The consideration and approval of funding proposals by the GCF is undertaken through a designated Project Approval Process. Policies under this category establish the key steps, requirements,...
Basic page > Policy map
Adaptation Fund, Green Climate Fund Convene First Community of Practice Meeting of Direct Access Entities to Climate Finance
... Access project implemented by SANBI that is helping small-scale farmers adapt to climate change in the uMngeni ... builds country ownership in addressing climate change challenges by empowering developing countries to access ... Fund has 14 NIEs that are also accredited to the GCF and all six of its regional implementing entities (RIEs) have ...
Article > Press release United States AfDB 
IFAD and GCF scale-up action to improve life for millions of people and restore ecosystems in Africa’s Great Green Wall
... support for accelerating Africa’s Great Green Wall (GGW), an area covering 11 countries from Senegal and ... by the GCF’s Board, under this new Great Green Wall Umbrella Programme (GGW Up). IFAD will lead the set up ... interlinked issues of climate change, job creation, poverty alleviation, food security and peacebuilding. Yannick ...
Article > Press release IFAD 
Financing climate ambition in the context of COVID-19
... be taking in the coming months will have consequences for all the generations to come. And these consequences will be ... be -- the most affected by the climate crisis. The historically low oil prices represent a major temptation to try to ... in shovel- ready highways. On the other hand, the historically low oil prices also provide an historic opportunity to ...
Article > Speech
GCF private sector conference explores how to break through finance barriers
... for Climate Conference (GPIC) now taking place virtually over two days. International flows of finance “should ... But that is not happening because “barriers exist at all stages of climate innovation – from incubation to ... policy and regulatory risk, as well as technical and above all financial barriers, particularly the lack of access to ...
Article > Press release 
ED opening remarks
... latest report in August that global carbon emissions must fall by half by 2030 to keep global heating below 1.5C above ... Red for Humanity” warning by the UN Secretary General. Superposed to this emission gap is a widening adaption gap, ... (through green procurement) and co-financiers (via subsidies, sovereign guarantees, and co-investment). GCF’s ...
Article > Speech
Investment decisions and the climate challenge
... This group now accounts for 13 per cent of consumers globally, including 20 per cent in Germany, 16 per cent in ... science, technology, management, and finance are all needed if we are to get back on track. The past decade ... Wall initiative to reverse land degradation in Africa. Ladies and gentlemen, transitioning to low emission, ...
Article > Speech
GCF results-based payments: Stepping stone to unlock private finance at scale
... the concept – whereby developing countries are financially rewarded for reducing emissions by improving forest ... to move slowly. While the rules governing REDD+ were finally agreed in 2013, finance for its implementation remained ... of GCF’s pilot programme: Ecuador and Costa Rica case studies Back in 2017, GCF’s pilot programme was instrumental ...
Article > Insights 
What do gin and tonic, coffee and mountain climate risks have in common?
... of tropical weather. But few pause to think where the ingredients to make this ubiquitous beverage come from. The base for the tonic part of this popular drink originally comes from quinine, a medicinal extract from the bark ... most important water supplies. The melting of glaciers, supercharged by climate change, has a huge impact on the ...
Article > Insights 
GCF at COP28: A wrap up of outcomes at COP28
... replenishment of the Green Climate Fund (GCF). Additionally, hundreds of countries endorsed new declarations to ... Despite the progress, more work needs to be done, especially for people on the frontlines of the climate crisis. Looking ahead, all eyes will be on Azerbaijan, which was announced as the ...
Article > News update 
GCF approves USD 686 million for climate action and decides to establish regional presence
... Co-chair Leif Holmberg from Sweden said: “During these challenging times, GCF is showing how countries are able to ... With the latest project approvals, the Fund’s overall portfolio comprises 297 projects, with a total GCF ... envelope, 63% will go to Least Developed Countries (LDC), Small Island Developing States (SIDS), and African countries. ...
Article > Press release 
Accreditation process
... to pre-screening, application, screening and review, and finally, Board approval. Each step is designed to strengthen ...
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GCF-1
GCF's first replenishment
GCF’s first replenishment (2020-2023) is an important element of the financial commitments needed to deliver the UNFCCC and its Paris Agreement. This first replenishment is part of a long-term...
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Addressing the climate crisis: scaling up existing climate innovation and investment
Your Excellencies, Ladies and Gentlemen, Good afternoon. At the onset, I would ... ability to adapt to them. A key goal was to drastically reduce GHG emissions to limit the increase of global ... the second half of the century. The full implementation of all the individual pledges made under the 2015 Paris ...
Article > Speech
GCF replenishment wins strong endorsement at COP24
... building the global momentum needed to meet the climate challenge during the “Successful Start, Ambitious Future” ... actively care for the needs of developing countries, especially in light of the many disasters of extreme weather.” ... event, Paul Oquist highlighted the urgency of the climate challenge, and the key role for GCF in supporting developing ...
Article > Press release 
"GCF has a huge role to play"
... in Pohnpei, and very happy that we have such a strong audience of representatives from the region as we chart a path ... climate fund helping developing countries respond to challenge of climate change. Our role is to support countries ... climate resilient development. We are already delivering. Ladies and gentlemen, being here in Pohnpei reminds me that ...
Article > Press release Micronesia (Federated States of) 
Ministers call for successful GCF replenishment at HLPF
... meet their commitments under the Paris Agreement and called for an ambitious GCF replenishment. The event, titled ... an ambitious and successful GCF replenishment was echoed by all panellists at the event. Ola Elvestuen, Minister of ... finance. “GCF is particularly important because it allows us to work on policies that over time will allow us ...
Article > Press release Norway Rwanda Acumen 