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Green Climate Fund Board meeting sets stage for successful replenishment
... with a raft of decisions to strengthen GCF for its first replenishment. Following the selection of Yannick Glemarec as ... the selection of nine new project partners to become Accredited Entities to GCF. Co-Chair Nagmeldin Goutbi Elhassan ... USD 100 million for Nigeria Solar IPP Support Program with AFC FP105 – USD 69.6 million for BOAD Climate Finance ...
Article > Press release 
GCF launches global network of climate change expertise
... of globally renowned organisations to deliver climate knowledge in support of GCF’s activities. The CoP will play a crucial role in driving transformative actions in support of GCF’s mandate. In creating this network, GCF is leveraging cutting edge climate knowledge to increase the ...
Article > Press release 
Green Climate Fund and World Bank partnership unlocks USD 2.7 billion for climate action, Marshall Islands first to benefit with USD 44M project
... and Laura Tuck, World Bank Vice President for Sustainable Development, met on Friday in Washington D.C. to ... “The Pacific Resilience Project is critical to the future of the Marshall Islands and its people. GCF ... countries. The framework agreement, known as an Accreditation Master Agreement (AMA), sets the conditions for ...
Article > Press release 
GCF helps XacBank become first Mongolian bank to finance large-scale solar
... has become Mongolia’s first private bank to fund the completion of a large-scale, solar plant in a financing partnership with the Green ... grid to help drive the country’s transition to renewables. The new solar plant is located in the Sumber Soum area ...
Article > Press release Mongolia 
GCF replenishment wins strong endorsement at COP24
The Green Climate Fund’s current replenishment drive received top-level support from developing ... climate challenge during the “Successful Start, Ambitious Future” official Side Event charting GCF’s progress and ... at EBRD, provided views from the perspective of GCF’s Accredited Entities. They emphasised the added value of ...
Article > Press release 
GCF’s first private sector conference boosts business role in climate finance
... the private sector to capitalise on business networks to unleash the trillions of dollars needed for climate finance. ... actors who manage more than USD 210 trillion but invest less than 5 percent in climate finance. He singled out the ...
Article > Press release 
"GCF has a huge role to play"
... climate fund helping developing countries respond to challenge of climate change. Our role is to support countries to ... or applications from organisations seeking to become Accredited Entities, or to move ahead with new policies. Then ... from climate change. Despite being some of the world's smallest greenhouse gas emitters, Pacific Small Island ...
Article > Press release Micronesia (Federated States of) 
Energy transition accelerates with GCF support
GCF releases USD 86.7 million for Kazakhstan project with EBRD, ... in establishing the policy frameworks to enable renewables to enter the energy mix at scale. In Egypt, GCF’s ... 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 
GCF Structured Dialogue shows strength and weakness of Asian climate approach
... 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 ... the quality of the life of hundreds of millions of people." Emphasising the need for a strong approach to ...
Article > Press release Viet Nam 
Climate change hurting the poor, Mali President says in call for action
Republic of Mali President Ibrahim Boubacar Keïta called for a united approach to tackle the inequalities of ... is accelerating the current regional take off in renewables. This includes GCF financing in off-grid solar power in ... Investment Fund (EIF). This GCF Direct Access Accredited Entity - which participated in the Dialogue - won ...
Article > Press release Mali 
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 ... and deliberation.” The thoroughness of the GCF accreditation process is no secret, but that is the exact ...
Article > Press release 
Shoring up early warning systems for Asia-Pacific SIDS
... 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 
GCF and CTCN: Expanding green technology assistance in developing countries
... and Network (CTCN) are stepping up collaboration to accelerate the development and transfer of technologies for ... includes conducting feasibility studies and assessments, collecting key data and establishing the necessary systems and ... 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 GCF scales up disbursements to approved projects. Recent financial ... by the Environmental Investment Fund, a GCF direct access Accredited Entity based in Namibia. The Enhanced Direct Access ...
Article > Press release Namibia 
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 ...
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 Africa
... of African countries with GCF. It also helped to accelerate the design and implementation of ambitious projects ... paradigm shift towards a low-emission and climate-resilient future. They also highlighted measures necessary to deal ... meetings of Secretariat staff with NDAs/focal points and Accredited Entities. These led to concrete progress in the ...
Event > Structured dialogue Mali 
Structured Dialogue with Latin America
... of Latin American countries with the GCF and to accelerate the implementation of GCF projects and programmes ... countries on climate change related issues and GCF. Examples of collaboration include discussions on developing a ... 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 ... ways to account for gender issues and Indigenous Peoples rights. The workshop helped highlight the need for ...
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 ... climate action, Mr Glemarec said the world may have less than 12 years to ensure it does not cross the 1.5 ... 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
... 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 ... with UNDP FP110 – USD 18.6 million for Ecuador REDD-plus RBP for Results Period 2014 with UNDP FP111 – USD 35 ...
Article > Press release 
Ministers call for successful GCF replenishment at HLPF
Panellists at the Green Climate Fund (GCF) high-level event at the UN High-level Political Forum on ... officials from developing and developed countries, GCF Accredited Entities, as well as representatives from UN ... of new decision-making procedures. He also provided examples of the transformational impact GCF-funded projects have ...
Article > Press release Norway Rwanda 
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 the Green Climate Fund were met by ambitious pledges from many countries, led by Sweden’s doubling of ... 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
... how the Green Climate Fund’s Executive Director Yannick Glemarec articulated his call for enhanced business action to ... transparency is essential in identifying portfolio profiles and directing the flow of funding pipelines to meet ... 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 ... and financing across the globe to secure our joint climate future”. Many investors highlighted the role of ... to Glemarec, “Climate change will rewrite business rules, either because we would have succeeded in transitioning ...
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 ... Young, and OECS Commission Director-General Dr. Didacus Jules. Regional climate impacts in the Caribbean have ...
Article > Press release 
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 ... enhancing partnerships at national, regional, and global scales based on the principle of sectoral integration and ...
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 