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First GCF side event at COP24

In GCF's first COP24 side event "GCF Operations update and lessons emerging from ongoing evaluations" today, GCF Director of Country Programming Pa Ousman Jarju provided an update of GCF operations and presented the revamped GCF Readiness programme, known as Readiness 2.0. The new programme was strongly welcomed by AEs, NDAs and readiness partners speaking at the event. Margaret Kim of GGGI said Readiness 2.0 is a great step forward and emphasised that GCF should continue its work promoting direct access and involving private sector.

Introduction to GCF Accreditation

Getting accredited is the first step for an organisation to access GCF funding. Responding to great interest from various entities about the accreditation process, GCF held a briefing session on "Accreditation 101" in its COP24 pavilion today. Anupa Rimal Lamichhane, GCF Entity Relations Specialist, introduced the participants to each of the steps of the accreditation process, required standards and safeguards.

Independent Integrity Unit hosts 2018 Integrity Forum

The Independent Integrity Unit (IIU) of GCF spearheaded the inaugural Integrity Forum in celebration of International Anti-Corruption Day. Panel members from both IIU and the GCF Secretariat, specifically from Human Resources and the Ombudsperson, shared their respective roles and mandates in upholding GCF integrity standards and reaffirmed GCF's commitment to the lawful utilisation of its resources and promotion of a respectful workplace. GCF joins the international community in its efforts to combat corruption while maximising climate action.

GCF to cooperate with UNIDO

GCF and the United Nations Industrial Development Organization (UNIDO) signed today a Readiness Framework Agreement to enable developing countries to partner with UNIDO on activities enhancing their access to GCF. As a GCF Readiness delivery partner, UNIDO will engage through national stakeholders to develop GCF Readiness Projects in a number of sustainable energy and climate change areas.

Empowering Direct Access to Climate Finance

At COP24, GCF held its first event in its pavilion, focusing on direct access to climate finance. The panel discussion, organised together with the Adaptation Fund, included speakers from Direct Access Entities, National Designated Authorities and GCF. Direct Access is crucial for developing countries to fully exercise country ownership of climate change funding. Participants shared their experience in the field, exchange best practices and discussed the ways to further support direct access and promote country ownership.

Getting ready for Katowice

GCF will be attending COP24 in Katowice, Poland from 2-14 December. We look forward to welcoming you to the GCF pavilion, located in Zone E of the venue. At the pavilion we will be hosting a series of events, panel discussions, and 'GCF 101' briefings. GCF was created by the parties to the UNFCCC, and reports on our progress each year at the annual COP climate conference. We look forward to meeting you in Katowice, and to hearing your views about how we can have a greater impact in supporting developing country climate ambitions.

GCF Structured Dialogue with Least Developed Countries kicks off this week

The GCF Structured Dialogue with Least Developed Countries (LDCs) will take place this week (19-22 November) in Addis Ababa, Ethiopia. The event is an opportunity to accelerate and strengthen GCF engagement with countries and stakeholders in the LDCs, who are some of the most vulnerable to the adverse effects of climate change. The Structured Dialogue will bring together representatives from National Designated Authorities (NDAs), Focal Points (FPs), Accredited Entities (AEs) as well as other stakeholders. The event is organized in collaboration with the Government of Ethiopia and the Least Developed Countries' constituency under the UNFCCC.

First GCF Adaptation Rationale workshop starts this week in the Philippines

On 14-17 November, GCF will host its first Adaptation Rationale workshop in Cebu, Philippines. The workshop will provide support for GCF Direct Access Entities (DAEs) and countries preparing adaptation project pipeline and enable them to explore potential partnerships for implementation. During the 4 days event, GCF partners will participate in sessions on adaptation planning, climate information, financing instruments and private sector engagement, and project design.

Sign up for the final 2018 webinar on GCF's Simplified Approval Process

On 29 November, the Green Climate Fund (GCF), with support from the United Nations Institute for Training and Research (UNITAR), will deliver a final webinar for all GCF stakeholders, including Accredited Entities and National Designated Authorities/Focal Points, on the status of Simplified Approval Process’ implementation one year on from the launch of the pilot scheme. Learn more and register for the webinar.

Second GCF Structured Dialogue with the Caribbean kicks off today in Grenada

The second GCF Structured Dialogue with the Caribbean will take place in St. George’s, Grenada on 6-9 November 2018. It will bring together ministers and senior decision makers from the region, as well as representatives from National Designated Authorities and Focal Points, Accredited Entities, civil society and private sector. Following the first GCF Structured Dialogue last year in Belize, the event in Grenada will focus on improving regional cooperation and provide an opportunity to share insights on climate finance, project implementation and investment opportunities.

Efforts stepped up to protect data privacy and protection

GCF has increased its efforts to safeguard personal data with the adoption of a new administrative instruction (AI) that addresses the protection and privacy of personal information. The AI, which comes into effect today, will be complemented by ongoing data protection training and other outreach activities to help equip GCF staff and other stakeholders with the right tools and practices to handle personal information.

Sharing ideas on scaling efficiency investments

At the recently concluded Global Conference on Energy Efficiency hosted by the International Energy Agency, GCF shared its experiences in scaling and replicating energy efficiency investments. GCF has extensive experience engaging directly with both the public and private sectors on transformational climate investments, and has the capacity to consider projects and innovative financial instruments reducing risk and unlocking further investments. 

GCF welcomes 16 new accredited entities

In the 21st meeting of its Board held in Manama, Bahrain, GCF approved the accreditation of 16 new partners. These organisations are GCF’s partners in channeling resources to climate projects in developing countries. This approval brings the number of accredited entities to 75, with over half being direct access entities.

UNFCCC Executive Secretary highlights importance of GCF, success of Board Meeting

UNFCCC Executive Secretary Patricia Espinosa addressed Board members, partners and observers at the 21st meeting of the GCF Board held in Manama, Bahrain, underscoring the importance of the success of the meeting. She further emphasised the critical role of the Fund, saying that “replenishing the GCF will allow it to continue playing a critical role in supporting developing countries shift to a low emission and climate resilient path.”

GCF emphasises role of women in addressing climate change at UN Women event

At a high-level ministerial event hosted by UN Women, GCF Deputy Executive Director Javier Manzanares underscored the important role that women play in addressing climate change. GCF worked with UN Women in producing the "Mainstreaming Gender in Green Climate Fund Projects" manual to help project designers and implementors in integrating gender equality in climate projects and interventions.

GCF joins launch of 2018 Champions 12.3 report

Oyun Sanjaasuren, Director of External Affairs, joined the launch of the 2018 Champions 12.3 report in the margins of the 73rd UN General Assembly as honorary champion of this food waste coalition of government, business, academia and civil society.

GCF supports strong investor action to combat climate change

At the Investor Agenda roundtable held yesterday on the sidelines of the Global Climate Action Summit in San Francisco, GCF joined investors and other representatives from the private sector to demonstrate and accelerate investor-led action critical to achieving the goals of the Paris Agreement. The Investor Agenda provides a way for investors to directly report actions they are taking, and scale-up their commitment to act, across four key focus areas: Investment, Corporate Engagement, Investor Disclosure, and Policy Advocacy.

UN Secretary-General Antonio Guterres calls for climate finance mobilisation, resourcing of GCF

In a recent speech at the UN Headquarters in New York, UN Secretary-General Antonio Guterres outlined his thoughts on needed action in the next three years to effectively address climate change. Among them — leadership, a sense of urgency, a true commitment to a decisive multilateral response. He expressed the need for governments to fulfill their pledge to mobilise USD 100 billion a year for climate finance and his ardent desire to ensure that the Green Climate Fund is fully operationalised and properly resourced. Read his full remarks.

GCF previews SAP online submission system

Three webinars were recently concluded by GCF in cooperation with UNITAR. The webinars previewed a new online submission system to around 100 participants, consisting of National Designated Authorities (NDAs) and Accredited Entities (AEs). This new system, slated to be launched this year, aims to further improve the efficiency and transparency of submitting concept notes and funding proposals to GCF. A recording of the webinars will be posted on the SAP section of the GCF website.

GCF-UNDP agreements lay ground for start of 3 projects

GCF has signed agreements with the United Nations Development Programme (UNDP), a GCF Accredited Entity, to prepare three approved projects worth USD 84 million in GCF financing, to begin implementation by the end of November. The three Funded Activity Agreements (FAAs) – all signed on Tuesday – will develop climate early warning systems in Georgia; Enhance the climate resilience of people living in coastal Bangladesh; and improve the ability of Zambian farmers to deal with climate change.