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GCF results-based payments: Stepping stone to unlock private finance at scale
... a decade. First floated in 2005, the concept – whereby developing countries are financially rewarded for reducing ... forest management – immediately garnered support from developed and developing countries alike. In the years that ... from carbon transactions from forest landowners to the state – an important step in accessing private finance for ...
Article > Insights 
GCF-1 Progress Report
... the Cancún Agreements as a dedicated financing vehicle for developing countries, The Green Climate Fund (GCF) serves ... (> USD 250 million). It is accelerating financing for small-scale projects with updates to its Simplified Approval ... GCF and other climate funds. In Vanuatu and the Federated States of Micronesia, GCF is decentralising climate finance ...
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Niger - Accreditation Support for Agence Nationale de Financement des Collectivités Territoriales (ANFICT)
... Accordingly, ANFICT was created in 2008 as an autonomous State agency mandated to receive, manage and transfer ... demonstrated its suitability to manage funds of external development partners for climate and non-climate related ...
Document > Approved readiness proposal Niger (the)
Executive Director’s pre-recorded statement
... million in grant resources from our Readiness Programme to develop tailor-made Water Investment Programs for 15 AU member states. These programs will help build in-country capacity, ... Addis Ababa, Ethiopia Executive Director’s pre-recorded statement ...
Article > Speech
GCF heralds innovative ‘Bhutan for Life’ partnership at launch ceremony
... to remain carbon neutral and preserve its biodiversity,” stated Javier Manzanares, GCF Deputy Executive Director ... and one that will allow both conservation and economic development to occur in a balanced, sustainable way, in ...
Article > Press release Bhutan 
GCF Regional workshop to help advance climate action in Eastern Europe and Central Asia
... Wednesday, the Executive Director of the GCF, Howard Bamsey stated that “…for the GCF, this is an important meeting ... about accessing the GCF because without its support, developing countries in our region will not be able to ...
Article > Press release Georgia 
Accelerating climate action: Seven new climate projects ready for delivery
... regional offices, bringing GCF operationally closer to the developing countries it serves. The Board also approved USD ... Strengthening Chad’s Adaptation for Land, Ecosystems and Smallholders with ACTED SAP067 : Catalyzing a Climate Risk ... with the Environmental Project Implementation Unit of the State Agency of the Ministry of Nature Protection of the ...
Article > News update 
Private sector financing
... into low-emission and climate-resilient investments in developing countries. Private sector financing ...
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GCF at COP27
... and damage, hailed as historic after being long sought by developing nations. However, there were other takeaways ... an invaluable opportunity to listen – particularly to the developing nations GCF was set up to serve and to hear how ... International Development, Norway and Jennifer Morgan , State Secretary and Special Envoy for International Climate ...
Article > News update 
Green Climate Fund Board commits an additional USD 407.8 million to combat climate crisis
... Fund (GCF) is now financing climate action in over 100 developing countries after the final Board meeting of 2019 ... Republic, Mozambique, Nepal, the Philippines and the State of Palestine. Combining co-financing by GCF’s ... for Climate-resilient food security for women and men smallholders in Mozambique through integrated risk ...
Article > Press release 
Pioneering Barbados water project kick starts
... by GCF (Green Climate Fund) and the IDB (Inter-American Development Bank) is the product of the world’s first ... groundbreaking transaction serves as a model for vulnerable states, delivering rapid adaptation benefits for Barbados. ... funding from the Green Climate Fund and Inter-American Development Bank, together with support from other valuable ...
Article > Press release Barbados 
Unlocking capital for climate action
... to take advantage of climate investment opportunities in developing countries. The conference tackled a wide range of ... speakers at GPIC included Christopher Coye, Minister of State in the Belize Ministry of Finance, Economic ... and project developers to present climate innovations to smaller groups of investors, underscoring the conference’s ...
Article > Press release 
Catalysing transformative climate resilient infrastructure through private investment
... under-served municipal and sub-national markets across 42 developing countries. GCF approved a USD 150 million first ... fund will allow for investments into distributed energy and small scale-renewable energy projects, it will be very ... to mobilizing climate finance at scale through dozens of small-scale investments at the sub-national level is unique. ...
Article > Press release 
Financing climate and environmental actions
... poverty, eliminating malnutrition, fostering economic development, increasing community resilience to extreme ... inequalities and hampering efforts to foster sustainable development. Climate change will affect women and men ... investments of USD 2-10 million in 10 to 15 clean energy small- and medium-sized enterprises in Kenya and Rwanda. ...
Article > Speech
Germany, Incheon City raise awareness on climate conflict and cooperation at GCF Headquarters
... threats, and how environmental cooperation and sustainable development can contribute to peace and stability. Weert ... to the municipality levels in all countries,” Mr Börner stated, adding that “only through honest and fair ... and join efforts of the international community to help developing countries respond to climate change." ...
Article > Press release Germany Republic of Korea (the) 
Women key agents for tackling climate change
... country partners with a comprehensive introduction to developing gender-responsive initiatives. Case studies were ... change but also in contributing to the other Sustainable Development Goals,” she stated. “At UN Women, we are pleased to see that GCF has ...
Article > Press release 
Blue-Green Investment Corporation
... relatively high levels of private savings compared to other developing regions. However, financial institutions are ... especially those that benefit low-income households or small businesses. Existing financing facilities do not match ... stage, the BGIC will, subject to investment criteria to be developed in the Funding Proposal, evaluate financing (1) ...
Document > Approved project preparation funding application Barbados
Green Climate Fund Board maintains climate momentum in midst of COVID-19 by approving USD 878.8 million of new funds
The Green Climate Fund (GCF) continues empowering developing countries to take climate action in the face of ... indeed upscale, our support for the climate ambitions of developing countries. Climate finance also constitutes a key ... recovery.” GCF Executive Director Yannick Glemarec stated: “GCF has a key role to play to maintain climate ...
Article > Press release 
Workshop forges direct links to country-led climate action
... institutions nominated by the national governments of developing countries. The overarching purpose of the past four days has been to assist Direct Access Entities develop GCF-supported climate projects that spur ... climate resilience of tribal areas in the eastern Indian state of Odisha, while the other is a mitigation project ...
Article > Press release 
FP184 - Vanuatu community-based climate resilience project (VCCRP)
... change. The nation is made up of mountainous volcanic islands with steep catchments and narrow coastal plains, ... tropical cyclones. Most of the population throughout the islands depend on subsistence agriculture and fishing, but ... hectares of agricultural and fisheries sites; and training smallholder farmers in climate-resilient agriculture ...
Project > Public sector Vanuatu 
FP298 - Climate Resilience of the Water Sector in The Bahamas
... climate-resilient infrastructure across remote Family Islands to ensure sustainable freshwater management and ... supply infrastructure and operations in the six Family Islands. By delivering a system‑wide paradigm shift in ...
Project > Public sector Bahamas 
Countries step up ambition: Landmark boost to coffers of the world’s largest climate fund
... equivalent for the next four years. The resources will help developing countries reduce greenhouse gas emissions and ... a paradigm shift towards low-emission, climate-resilient development. In particular, these commitments will enhance ... Nations Secretary-General António Guterres in a video statement to the participants. “Developing nations, ...
Article > Press release 
GCF at COP28: A wrap up of outcomes at COP28
... Adaptation (GGA), National Adaptation Plans (NAPs), Least Developed Countries (LDC), loss and damage, ... for higher mitigation ambition and to promote sustainable development. GCF also engaged with the room where ... Estonia, Italy, Portugal Switzerland, and the United States of America. With these pledges, GCF’s second ...
Article > News update 
Transforming the Landscape for Off-Grid Electrification in the Philippines
... will implement the project with co- executing entities AIEC Island Light and Water Corporation, Inc. and One Renewable ...
Document > Concept note Philippines (the)
GCF private sector conference explores how to break through finance barriers
The removal of barriers hindering global financial flows to developing countries could solve the climate finance paradox ... and way of life upside down,” he said in a recorded statement during the conference. “Collectively, we must ... while also aiding the most climate vulnerable at the small scale. GCF private sector conference explores how ...
Article > Press release 
ED opening remarks
... climate action to promote inclusive and sustainable development. The outcomes of this Global Programming ... processes to accelerate the approval and implementation of small-scale readiness grants (usually less than $ 1 ... National Designated Authorities in LDCs, SIDS and African States. GCF has also streamlined and codified all its ...
Article > Speech
Initial Resource Mobilisation
Overview
Following a rapid institutional start-up phase, the GCF’s Initial Resource Mobilisation (IRM) in 2014 quickly raised USD 9.3 billion in pledges. Of this, USD 9.3 billion was confirmed.
Amount announced...
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Latest IPCC report is a wake-up call for immediate climate action
... by the IPCC Report by financing climate action in developing countries. GCF bases its activities as the ... latest climate science ( IPCC WGI Interactive Atlas ) and develop effective adaptation climate actions. The IPCC AR6 ... severe in every part of the world. The result that very small differences in future temperature can massively ...
Article > Statement 
IFAD and GCF scale-up action to improve life for millions of people and restore ecosystems in Africa’s Great Green Wall
... Fund (GCF) and the International Fund for Agricultural Development (IFAD) in order to boost climate finance for ... in the GGW by other partners over the last 12 years. Small-scale farmers and agribusinesses will have better ... stimulus that, at once, can help to rebuild livelihoods devastated by COVID-19 and build the food security of households ...
Article > Press release 
Entity support for Colombia through Bancoldex
... and implement sustainable adaptation interventions for small rural producers, and to monitor and evaluate their ...
Document > Approved readiness proposal Colombia