Antigua and Barbuda
GCF at the Asia Pacific Climate Week
In one of the panel sessions of the Asia Pacific Climate Week held in Singapore, Clifford Polycarp of the Division of Country Programming discussed how long-term financing provided by GCF helps countries achieve NDC targets. This session on “Aligning Financial Markets for Climate Action in Asia-Pacific” focused on summarising the results of the UNFCCC Green Investment Catalyst Process, as well as discussing details of emerging initiatives and regional financing platforms.
Civil Society Organisations meet Exec Director ahead of B.20
Around 50 CSO observers met with Executive Director Howard Bamsey and members of the GCF Secretariat ahead of Sunday’s B.20 Board meeting. The meeting gave a chance for CSOs to exchange views with GCF staff on B.20 agenda items. Issues covered included project proposals, replenishment, the integrated approach to policy and GCF’s safeguards policies.
Spanish and French SAP webinars held
A back-to-back series of webinars for GCF's Simplified Approval Process (SAP) was recently held in cooperation with UNITAR. The webinars, which were attended by National Designated Authorities and Accredited Entities, are designed to help guide potential project proponents in submitting concept notes and funding proposals under the pilot programme. The recently-concluded webinars were held in Spanish and French, and follows an initial session held earlier this year.
GCF at Adaptation Futures
GCF took part in the "Resourcing Adaptation" plenary in Adaptation Futures 2018 in Cape Town, South Africa from 18-21 June. Jerry Velasquez, director of mitigation and adaptation at GCF, said that there is a need to leverage knowledge and learning, build the business case for projects and transfer these cases to the private sector. The plenary closed with the announcement of the Burtoni Award, recognising a lifetime contribution to adaptation research, policy and practice.
Readiness Grant Approvals cross USD100 million milestone
Grant approvals under GCF's Readiness programme has exceeded USD 100 million. With 196 readiness requests approved, the programme now covers 112 countries. The Readiness Programme is designed to enhance country ownership and access to GCF Funding, and provides resources for strengthening institutional capacities of National Designated Authorities (NDA) or Focal Points and direct access entities to efficiently engage with the Fund.
- Green Climate Fund B.20 meeting press release
- GCF Board approves over USD 1 billion in funding for climate mitigation and adaptation
- GCF Board opens B.19 meeting, elects Lennart Båge and Paul Oquist as new Co-Chairs
- GCF approves 11 projects at its final Board meeting of the year