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... Equipment, and Start-up of Lines 1 and 2 of the Costa Rica Electric Train System' for USD 800 million. GCF is ... 250 million from the European Investment Bank. Thanks to a credit scheme with highly competitive interest rates and grace periods, this initiative is a fiscally responsible project that saves Costa Rica resources and requires no ...

... 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 ...

... 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 ...

... and Laura Tuck, World Bank Vice President for Sustainable Development, met on Friday in Washington D.C. to ... countries. The framework agreement, known as an Accreditation Master Agreement (AMA), sets the conditions for ... largest dedicated fund for climate action, GCF enables developing countries to reduce GHG emissions and become ...

... 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 ...

The Green Climate Fund’s current replenishment drive received top-level support from developing and developed nations during ... at EBRD, provided views from the perspective of GCF’s Accredited Entities. They emphasised the added value of ...

... 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 ...

... 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 ...

GCF releases USD 86.7 million for Kazakhstan project with EBRD, ... in Egypt. The transition to low-emission, renewable energy is crucial if we are to meet the Paris ... in establishing the policy frameworks to enable renewables to enter the energy mix at scale. In Egypt, GCF’s ...

... 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 ...

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 ...

... 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 ...

... 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 ...

... 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. ... commitments.” The CTCN is the operational arm of the UNFCCC Technology Mechanism and is hosted and managed by UN ...

... 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 ...

... 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 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 ... Ministry of Natural Resources had itself recently been accredited by the Fund, a significant achievement which was ...

... 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 ... and development partners to share best practices and lessons in: strengthening and streamlining implementation; ...

... of African countries with GCF. It also helped to accelerate the design and implementation of ambitious projects ... meetings of Secretariat staff with NDAs/focal points and Accredited Entities. These led to concrete progress in the ... led to improved participants’ understanding about the roles of country-level institutions that can become accredited ...

... 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 ...

... 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 ...

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 ...

... 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 ... the importance of GCF for developing countries. In less than four years GCF has built an impressive portfolio, ...

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 the International Development Finance Club (IDFC), with which GCF recently signed a partnership agreement, ...

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 ...

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 ...

... that we may require something that is “ultra-large-scale industrial in 10 to 20 years”. The sense of acting ‘urgently’ and at ‘scale’ are clearly central to the concepts of innovations ... capacity to change the behaviour of the global water cycles. The message is clear: We need tropical forests as ...

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 ...