Green Climate Fund statement on the United States’ withdrawal from GCF
On 8 January 2026 (U.S. time) the Green Climate Fund (GCF) was notified by the United States Department of the Treasury of the “United States’ withdrawal from the Fund and intent to vacate its Board seat, effective immediately”.
This notification follows the United States Presidential Memorandum dated 7 January 2026, which directs US executive departments and agencies to effect withdrawal from a number of international organizations, conventions, and treaties, including the United Nations Framework Convention on Climate Change (UNFCCC). Being a Party to the UNFCCC is a pre-requisite for representation at the GCF Board.
In line with GCF policies and procedures, the replacement of the Board member and their alternate member is expected to be made and notified to GCF by the developed country Parties constituency. The vacancy of the Board seat does not affect the functioning of the Board or the operations of GCF.
GCF reaffirms its commitment to fight climate change, which remains a fundamental threat to international development, security and long-term prosperity. The GCF will continue to serve Parties to the UNFCCC as the world’s climate fund for developing countries, supporting climate-conscious socio-economic development.
Central to this mandate is GCF’s support for affordable, reliable, and sustainable energy, recognising that access to cost-effective energy is essential for economic growth, poverty reduction, and development. Through Board-approved funding, GCF works to reduce investment barriers, lower energy costs, diversify sources, expand access for households and businesses, strengthen energy systems, and reduce exposure to price volatility, particularly in the most vulnerable countries.
Amid ongoing institutional reforms to enhance efficiency and impact, GCF has approved USD 19.3 billion for 336 projects across 134 developing countries. All approved projects are fully funded from existing resources. In 2025, GCF approved a record USD 3.26 billion in new projects, underscoring its continued commitment to delivering impact at scale in line with its mandate.