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Energy transition accelerates with GCF support
GCF releases USD 86.7 million for Kazakhstan project with EBRD, ... to low-emission, renewable energy is crucial if we are to meet the Paris Agreement’s stated goal of pursuing efforts ... economy. Kazakhstan’s ambitious plans for a lower carbon future is based on an estimation by its government that when ...
Article > Press release Egypt Kazakhstan EBRD 
GCF Structured Dialogue shows strength and weakness of Asian climate approach
... with climate change. In November last year, this Vietnamese coastal city was preparing to host the region's premier economic gathering of regional leaders in the Asia Pacific Economic Cooperation (APEC) ... forum when it was hit by deadly Typhoon Damrey , which killed 106. Despite extensive flooding, the APEC summit went ...
Article > Press release Viet Nam 
Unlocking the Green Climate Fund: Learning from the Readiness Programme
... 2014, when it rapidly raised more than USD 10 billion in pledges, it has allocated USD 2.7 billion into projects and ... Programmes, designed to assist entities in applying for accreditation to GCF. As Ms Kerricia Hobson, representing the ... The thoroughness of the GCF accreditation process is no secret, but that is the exact reason the GCF Readiness ...
Article > Press release UNDP 
Shoring up early warning systems for Asia-Pacific SIDS
... in the Asia-Pacific region are teaming up with the World Meteorological Organization (WMO) to boost their resilience ... partners in Fiji, Papua New Guinea, Solomon Islands, Timor-Leste and Vanuatu to develop a potential Green Climate Fund ... Facility (PPF), an instrument that assists GCF Accredited Entities conduct feasibility studies, stakeholder ...
Article > Press release Multiple countries WMO 
GCF and CTCN: Expanding green technology assistance in developing countries
... Green Climate Fund and the Climate Technology Centre and Network (CTCN) are stepping up collaboration to accelerate the development and transfer of technologies for ... of the UN Framework Convention on Climate Change (UNFCCC),” said GCF Executive Director Howard Bamsey. ...
Article > Press release 
GCF funds transfer will help Namibia’s rural poor weather change
... to extreme weather in the latest sign of the Fund’s implementation of climate finance. The funds transfer comes as ... by the Environmental Investment Fund, a GCF direct access Accredited Entity based in Namibia. The Enhanced Direct Access ... Minister of Environment and Tourism, Pohamba Shifeta, hailed the Enhanced Direct Access project as a ...
Article > Press release Namibia EIF 
GCF discusses progress at Marrakech climate talks
... support programme is central to these efforts. It enables developing countries to receive support to assist them ... Under GCF’s Project Preparation Facility (PPF), Accredited Entities (AEs) can receive support for the ... “At B.11, the Board approved USD 168m; at B.13 – USD 265m; and at B.14 – USD 745m.” The GCF Board will ...
Article > Press release 
GCF side event asks ‘what makes a good project?’
... at assisting National Designated Authorities (NDAs) and Accredited Entities (AEs) to put together ambitious projects ... so that the Fund can match its “paradigm-shifting” level of ambition. Mr. Harboe welcomed the event as an ... He called upon developing countries to “think big for the future” and bring ambitious projects to the Fund, noting ...
Article > Press release 
Structured Dialogue with the Pacific 2018
... island countries and their partners with GCF and accelerate the implementation of GCF projects and programmes in ... and representatives of National Designated Authorities, Accredited Entities, Delivery Partners, civil society ... for funding approval to go before the GCF Board in the future. Some of the key outcomes and points of shared ...
Event > Structured dialogue Micronesia (Federated States of) 
Structured Dialogue with Latin America
... the Government of Colombia from 5-8 March 2018, brought together key stakeholders to increase the involvement of Latin American countries with the GCF and to accelerate the implementation of GCF projects and programmes ... progress was made to expand the number of country-level Accredited Entity partners in the region - the so-called ...
Event > Structured dialogue Colombia 
Empowering Direct Access Workshop 2018
... supported organisations seeking Direct Access Entity accreditation, as well as helping accredited Direct Access ... covered updates about GCF policies and procedures. Through plenary and breakout sessions, the workshop promoted the ... / focal points to engage directly with the GCF Secretariat to address questions about GCF requirements. The ...
Event > Events organised / involving GCF Republic of Korea (the) 
UN forum side event highlights need for GCF replenishment
The Green Climate Fund needs to be strengthened by a replenishment of its funds from contributors this year as a ... development. Ambassador Luis Alfonso de Alba, the UN Secretary-General’s Special Envoy for the 2019 Climate Action ... Morris, President of Conservation International, a GCF Accredited Entity, said climate change requires “radical ...
Article > Press release 
Green Climate Fund Board approves USD 267 million for climate action, agrees decision-making procedures
... consensus have been exhausted. The Board allocated USD 266.9 million in GCF resources for climate action in ... of operation. The Board also adopted new standards for implementing the Anti-Money Laundering and Countering the ... During the meeting the applications of four new Accredited Entities were approved, including three direct ...
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 contributions to ... building activities (known as readiness support) helping 126 developing countries identify and address their most ...
Article > Press release Multiple countries 
GCF private sector conference makes business case to lower planet's climate costs
“Business cannot succeed on a planet that fails.” This was how the Green Climate Fund’s Executive Director Yannick Glemarec articulated his call for enhanced business action to ... a roadmap leading to a zero-carbon and climate-resilient future. GCF and other actors in the climate finance space ...
Article > Press release 
Climate investments critical for post-COVID recovery: GCF conference highlights mobilisation of private capital to green developing economies
... concluded today, stressed the private sector’s critical role in resourcing developing countries to implement green ... Sustainable Finance and Investments, Global Banking and Markets, said: “The pandemic has been a wake up call for all ... and financing across the globe to secure our joint climate future”. Many investors highlighted the role of ...
Article > Press release 
Barbados, Belize PMs hail ‘essential’ GCF role in Caribbean
Caribbean leaders warned the region is facing the twin threats of ... Community (CARICOM). GCF Executive Director Yannick Glemarec joined Caribbean Heads of State in highlighting ... Climate Resilient Investment in developing new valuation methodologies that include climate risks. Addressing the ...
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 ... prize for best carbon capture technology”. Out of 600 thousand likes and retweets, twenty thousand corresponded to a ... that we may require something that is “ultra-large-scale industrial in 10 to 20 years”. The sense of ...
Article > Insights 
The multilateral climate funds are working together to enhance complementarity and collaboration
The Multilateral Climate Funds play a critical role in stimulating climate action that can accelerate the ... United Nations Framework Convention on Climate Change (UNFCCC). The mission of the AF is to accelerate and enhance ... adaptation action in developing countries by financing concrete adaptation actions, innovation and multi-level learning ...
Article > Statement 
GCF publishes tentative timelines for B.31 and B.32
... B.31 and B.32 are presented below, respectively. Key milestones for B.31 (Tentative) Dates or indicative # of days ... to the Secretariat as soon as possible for consideration at future Board meetings. *Per paragraph 17 of GCF’s ... proposal template is currently under consultation with Accredited Entities for updates, with a target date for the ...
Article > News update 
Empowering farmers and protecting forests in Eastern Madagascar
... is facing the brunt of climate change. Extended droughts, lesser incidences of rainfall, and aggressive cyclones ... visitors buying our crafts decreased, I had to grow vegetables and sell them at the market. In a single day, I earn ... Madagascar By Brylle James Galang Madagascar FP026 Empowering farmers and protecting forests in Eastern ...
Article > Story Madagascar FP026 
Reflections by GCF experts on latest IPCC report – a glimmer of hope?
... the Intergovernmental Panel on Climate Change (IPCC) released “Climate Change 2022: Impacts, Adaptation and ... of the impacts of climate change on ecosystems, human society, our infrastructure and the places where we live. It ... now, but where new approaches could be available in the future) and hard limits (where existing options stop being ...
Article > Insights 
Green Climate Fund Board streamlines access to finance in major accreditation review USD 187.7 million also approved for new climate projects
... Fund (GCF) Board has approved major changes to its accreditation framework to streamline access to climate finance at its 31st Board meeting, which concluded today. The changes will enhance and accelerate access to finance by developing countries, including ...
Article > Press release 
GCF publishes revised timeline for B.32 and tentative timeline for B.33
... periods for B.32 and B.33 are presented below. Key milestones for B.32 (Tentative) Dates or indicative # of days ... to the Secretariat as soon as possible for consideration at future Board meetings. *Per paragraph 17 of GCF’s ... of the Integrated Results Management Framework (IRMF) by accredited entities. Note: Priorities of the Updated Strategic ...
Article > News update 
Green Climate Fund Board approves new climate funding, bringing assets under management to USD 40 billion
... whilst also launching the process for the Fund’s replenishment for the 2024-2027 period. With the newly approved ... conditions of GCF’s financing instruments. A draft accreditation strategy was discussed with the consideration of ... exchanges with all potential contributors to set GCF’s future direction.” GCF Executive Director Yannick Glemarec ...
Article > Press release 
GCF partners with FAO on two major climate-resilience projects in Benin and the Gambia
... projects were approved at the most recent GCF Board meeting in Incheon, South Korea. GCF will provide over USD 35 ... Welcoming the projects, GCF Executive Director Yannick Glemarec said: “GCF is proud to partner with FAO on these ... heavily on the Gambia river for their income, including artisanal fisheries which are the backbone of the livelihoods ...
Article > News update Benin Gambia FAO FP187 
GCF conference opens with calls from developing countries for increased finance for climate action
... convened more than 60 developing country Ministers and high-level officials alongside a broad range of partners in the ... GCF National Designated Authorities or Focal Points, Accredited Entities and Delivery Partners to provide a ... track record combined with a compelling vision for the future.” Mark Brown, Prime Minister of the Cook Islands, ...
Article > Press release 
COP27 summit host Egypt is first country to adopt Climate Investment Plan in partnership with Green Climate Fund
... Investment Plan – a move which could significantly accelerate efforts by Egypt to combat climate change by ... their national climate plans - such as Nationally Determined Contributions (NDCs) and National Action Plans ... on Egypt’s Climate Investment Plan can be found on our website. Egypt COP27 summit host Egypt is first country to ...
Article > Press release Egypt 
Ocean20: A new self-funded marine resource management framework
... and fisheries management in Indonesia. The model, called Blue Halo S Initiative, is the first ever integrated ... of Mitigation and Adaptation, Green Climate Fund, M. Sanjayan, Chief Executive Officer, Conservation ... for marine ecosystems in other regions of the world in the future, too.” Bali, Indonesia Ocean20: A new self-funded ...
Article > Press release 
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
... a Funding Activity Agreement (FAA) to rapidly begin the implementation of a USD 42.9 million project (with USD 36.2 ... Agreement, a crucial part of the framework between the Accredited Entity (AE) and the country, was signed between FAO ... the right direction as it sets the positive precedence for future projects to reach the same milestone. His ...
Article > News update FAO FP199 