GCF/B.21/Inf.03: Approach and scope for providing support to adaptation activities
GCF/B.21/Inf.03: Approach and scope for providing support to adaptation activities
This document outlines the status review of GCF’s support in adaptation activities and puts forward a set of guiding approaches and next steps to enhance quality project/programme development. The findings call for GCF to focus in particular on a) strategic engagement with accredited entities to improve climate rationale in adaptation projects and programmes submitted to the GCF; b) in-depth guidance and improvement in review criteria of project preparation, national adaptation plans and other readiness support to enhance climate rationale in project pipelines; c) incremental and full cost calculation development; d) further development of adaptation performance measurement frameworks; and e) opportunities to increase private sector engagement in adaptation to complement recommendations of the Private Sector Advisory Group on private sector engagement in adaptation.