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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 XacBank 
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 EBRD 
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 
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 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 ...
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 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) 
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 Acumen 
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 
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 
Empowering farmers and protecting forests in Eastern Madagascar
... is facing the brunt of climate change. Extended droughts, lesser incidences of rainfall, and aggressive cyclones ... 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 ... and the elderly in low-income households, Indigenous Peoples, minority groups, and small-scale producers are hit ... 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 ... which concluded today. The changes will enhance and accelerate access to finance by developing countries, including ... action, increasing its portfolio to USD 10.2 billion. The accreditation framework governs how GCF works with partner ...
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
... Welcoming the projects, GCF Executive Director Yannick Glemarec said: “GCF is proud to partner with FAO on these projects in Benin and Gambia, which will help vulnerable rural communities to increase their resilience to climate ... by climate change.” FAO Deputy Director-General, Maria Helena Semedo said: “FAO welcomes the approval of these ...
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 ... interventions and initiatives with different risk profiles and bringing GCF’s institutional reputation and robust ... 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 
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 
GCF and World Wildlife Fund sign key Colombia landscapes agreement
... Wildlife Fund (WWF) have signed an agreement to rapidly implement an innovative project which aims to support more ... partners as HECO is a strategic project, not only for the future of our country, but of the entire planet.” Full details of the project are available on the GCF website. FP203 GCF and World Wildlife Fund sign key Colombia ...
Article > News update WWF FP203 