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Climate costs will rise sharply if we miss 1.5 degree target, GCF conference hears
Climate finance is a moral obligation, while inadequate action leading to global temperatures over 1.5 ... ended today in Incheon, Republic of Korea. UN Deputy Secretary General Amina J. Mohammed told GCF’s inaugural ... and adaptation action, as well as charting GCF’s future role within the broader climate finance landscape. ...
Article > Press release 
Strengthening Strategic Framework and Institutional Capacity to Enhance Nationally Determined Contribution (NDC) Implementation in Saint Kitts and Nevis
... Developing State (SIDS), Saint Kitts and Nevis is vulnerable to the impacts of climate change such as changes in ... increasing surface temperature, hurricanes, and sea level rise. Characteristics of the country such as the ... the unavoidable impacts of climate change, their NDC target is being pursed through the implementation of the NDC ...
Document > Approved readiness proposal Saint Kitts and Nevis
FP059 - Climate Resilient Water Sector in Grenada (G-CREWS)
... supply. Climate change is aggravating water scarcity problems with increasing average temperatures, more erratic ... events, and saltwater intrusion in groundwater due to sea level rise. G-CREWS will support the water sector by ... whilst providing resources to upgrade infrastructure. A challenge fund will promote water efficiency in the agriculture ...
Project > Public sector Grenada 
FP205 - Infrastructure Climate Resilient Fund (ICRF)
... and flooding, is threatening existing, and crucial yet-to-be-built, infrastructure in sub-Saharan Africa – a region already challenged by infrastructure low in quantity, quality, and ... opportunity of economic growth and development. The problem of financing climate-resilient infrastructure (CRI) in ...
Project > Private sector Multiple countries 
FP210 - KawiSafi II
The African continent collectively contributes only about 3% of the yearly global ... climate change than almost anywhere else on the planet. Sub-Saharan countries face temperature increases above ... and human welfare in a region that is already challenged on most of these issues. Solving the problem of ...
Project > Private sector Multiple countries 
GCF's second replenishment (GCF-2)
... developing countries – empowering climate action for people on the frontlines of the climate crisis. • Germany ... transition to a green, resilient path for a sustainable future. By de-risking investments, making blended finance ... Martin Saint Vincent and the Grenadines Samoa (Independent) San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia ...
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GCF portfolio hits USD 20 billion for climate action, Board selects host countries for new regional offices
... support of the GCF’s reform agenda, the Board also selected host cities for regional offices, marking the first ... (National Designated Authorities) and project partners (Accredited Entities), ensure readiness support is aligned with ... (B.44) at its Songdo headquarters from 25 to 28 March 2026. Co-Chair Amb. Seyni Nafo from Mali said: “The USD ...
Article > Press release 
Strengthening NDA Capacity for greater leadership on Climate Change Adaptation
... is ranked as the 19th country on the United Nations list of Least Developed Countries (LDCs) due to various and serious challenges faced by the government and the population alike. ... pledged to rise beyond a post-earthquake recovery mindset, engage in a sustainable development pathway, and become ...
Document > Approved readiness proposal Haiti
Investing in climate action with GCF
To get back on track to limit global warming to 1.5 degrees ... climate change. …But this is easier said than done. Multiple barriers exist to scaling up investments in climate ... Initiative for the Great Green Wall is promoting access to credit and technical assistance to local farmers and banks ...
Article > Insights 
The voices of Datem del Marañón: Protecting one of the most biodiverse ecosystems in the world
... province is home to a diverse ecosystem with more than 261 species of birds, unique marine life, and aguaje, one of ... in South America. For hundreds of years, the Amazonian people have understood that to live in kinship with nature, they ... Yandari, President of the Association of Katinbaschi Artisanal Fishermen, leads the commercialisation of artisanal ...
Article > Story Peru 
Improving Brazilian’s capacity to support the development of a national sustainable solid waste Management program in the coastal zone
... from the waste sector. More than 80% (2,655 of 3,256 sites) of the dumps that should have been closed in 2014 ... with the closure of dumps; however, they have a limited knowledge and technical and policy guidance for the adoption of ... study of an open dumps closure to replace it by a regional sanitary landfill that incorporate climate change mitigation ...
Document > Approved readiness proposal Brazil
Thirty-eighth meeting of the Board
... Time (UTC +2). Thursday, 7 March will be dedicated to a site visit. Constituency meetings and meetings of Board ... 3 March. Technical sessions on funding proposals and accreditation proposals open to active observers will take ... in due course. The logistics note for the meeting is available on the GCF website. The online registration system (ORS) ...
Document > Notification
FP184 - Vanuatu community-based climate resilience project (VCCRP)
Vanuatu is one of the world’s most vulnerable countries to the effects of climate change. The nation is ... to increase their resilience to climate change, through targeted community and local adaptation activities in the ... and restoring 11,600 hectares of agricultural and fisheries sites; and training smallholder farmers in climate-resilient ...
Project > Public sector Vanuatu 
GCF approves USD 686 million for climate action and decides to establish regional presence
... are expected to provide direct support to 115.5 million people and mitigate the equivalent of 45.3 million metric tonnes ... funding by assessing an entity’s capacity to meet GCF accreditation standards simultaneously with the project ... to climate change, with Conservation International FP260: Enhancing the resilience of Serbian forests to ensure ...
Article > Press release 
GCF-2
GCF's second replenishment The Green Climate Fund (GCF) – a critical element of the historic Paris Agreement – is the world’s ... As an operating entity of the financial mechanism of the UNFCCC, GCF has become a vital part of the global climate ...
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Enhancing climate finance and investment in LAC banking sector
The Financial Sector plays a fundamental role in mobilizing the resources necessary to finance a low ... creation and placement of negotiated instruments in the markets. On the other hand, banks may be exposed to transition ... (operational risk) and indirectly, through their portfolio (credit and market risk), depending on the location of their ...
Document > Approved readiness proposal Multiple countries
GCF approves Project Preparation Facility grant to establish Barbados green bank
... PPF provides financial and technical assistance to GCF Accredited Entities for the preparation of high potential ... conceptualised by the Barbados Prime Minister Mia Mottley to help Caribbean countries to meet their targets for ... Contributions and achieve a climate-resilient low-emission future. The aim is for BGIC to become a major institution ...
Article > Press release Barbados 
Support for accreditation gap assessment and action plan for the Rwanda Development Bank
... of Rwanda. For more than four decades, BRD has been the sole pro- vider of long-term finance and has significantly ... Rwanda is requesting a gap assessment support for accreditation for BRD. The support will help BRD better understand the accreditation support as well as ...
Document > Approved readiness proposal Rwanda
GCF at COP28: A wrap up of outcomes at COP28
... fossil fuels after two weeks of intense negotiations. While stopping short of a ‘phaseout’ of coal, oil and gas, ... agreements (Funding Activity Agreements) were signed with Accredited Entities to launch new projects recently approved ... Look back on GCF events at COP28 Visit the GCF@COP28 microsite . Watch the GCF@COP28 video . Dubai GCF at COP28: A ...
Article > News update 
Tipping point or turning point: global solidarity for an inclusive, resilient recovery
His Excellency, President of Colombia, Ivan Duque Marquez; Her ... Ministers; Dear colleague and friend, Executive Secretary of the UNFCCC, Patricia Espinosa; Ladies and ... 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
His Excellency, President of Senegal, Macky SalI; Her Excellency, Ms. ... fight against climate change. In preparation for the COP 26, countries will be raising the ambition of their NDCs to ... partnerships to finance the low carbon, resilient future. GCF Private Investment for Climate Conference 2020 ...
Article > Speech
Acumen Fund, Inc.
... and executing equity investment opportunities in the clean energy, agriculture and health-care sectors, which ... companies via equity and loan instruments, Acumen sought accreditation to the GCF as an opportunity to further assist ... Acumen United States 1 1 1 1 1 2 2 2 2 2 40 Worth Street, Suite 303, New York, NY 10013, United States Acumen ...
Organisation > Accredited Entity (AE), International United States
Initial Resource Mobilisation
... (IRM) in 2014 quickly raised USD 9.3 billion in pledges. Of this, USD 9.3 billion was confirmed. Amount ... 9300000000 Amount confirmed 9300000000 At its 21st meeting in October 2018, the GCF Board launched the process for the Fund's first replenishment (GCF-1). Initial Resource Mobilisation ...
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Private sector key, say GCF Latin America Dialogue partners
... the Dialogue on Monday, Colombian President Juan Manuel Santos Calderón - a former economist and winner of the 2016 ... and public sectors to work together in developing sustainable solutions to address climate change. A number of formal ... at the Inter-American Development Bank (IDB) , a GCF Accredited Entity with seven projects approved by the GCF ...
Article > Press release Colombia 
Saint Kitts and Nevis commits to lead on scaled-up climate action
The Government of Saint Kitts and Nevis today committed to lead regional efforts to accelerate climate ambitions in the ... Caribbean region into historic impact by strategically targeting GCF resources to be as catalytic as possible. GCF is ... swaps, green hydrogen, performance-based grants, resilience credits and resilience bonds. The Caribbean region’s ...
Article > News update Saint Kitts and Nevis 
FP019 - Priming Financial and Land Use Planning Instruments to Reduce Emissions from Deforestations
... commenced in May 2017 and was aimed at addressing challenges related to sustainable development in the Amazon ... embed sustainability. Finally, promoting and monitoring credit lines for sustainable production ensures responsible ... achieved through this project can serve as a model for future initiatives aimed at sustainable development and ...
Project > Public sector Ecuador 
Strengthen the Process and Capacity of Implementation of National Adaptation Plan of Sri Lanka
... a small island and a developing nation, is highly vulnerable to the adverse effects of climate change. Occurrences of ... and ecosystems; enhance knowledge on the multifaceted issues related to climate change in the society and ... profiles and to identify and prioritize areas for future investment; and synthesizing these sector-based ...
Document > Approved readiness proposal Sri Lanka
Strengthening Institutional Information Services to support decision-making for Climate Change in the AFOLU sector in Angola
... to adapt and mitigate climate change effects, the most emblematic is the Climate Change National Strategy 2018-2030 ... on different sectors, it is scattered and uncoordinated between four national public institutions and in some local ... also hampers Angola ́s capacities to report on the UNFCC and progress in INDC. Once Angola ratifies the Paris ...
Document > Approved readiness proposal Angola
Building Grenada’s Strategic Framework to Enhance the Country’s Capacity to Transition to Low Emission Development
... Grenada is highly dependent on imported fossil fuels to meet all its national energy needs. Due to reliance on fossil fuels, the country is having a huge renewable energy access problem which is compounded by the lack of a strategic framework ...
Document > Approved readiness proposal Grenada
Green Climate Fund: USD 736 million for new projects and readiness strategy to accelerate climate action
... the Green Climate Fund (GCF) concluded its thirty-seventh meeting in Tbilisi, Georgia with major outcomes for climate ... The Board meeting marked the last one of GCF’s first replenishment period (2020-2023) having programmed a total of ... paves the way for important partnerships with new Accredited Entities from developing countries, some of which ...
Article > Press release 