Annual Results Report 2021
Annual Results Report 2021: Promoting low emission, climate-resilient recovery and maintaining climate ambitions during the pandemic. GCF's annual report, available in both web and pdf versions, provides an overview of our achievements during 2021.
The year 2021 continued to be a period of uncertainty and upheaval for the world, but it was also a year wherein the Green Climate Fund (GCF) made huge strides in supporting low emission, climate-resilient development pathways. Nearly USD 3 billion in GCF financing – an unprecedented level – was approved for 32 new climate projects around the world. The portfolio reached USD 10 billion in GCF resources, amounting to over USD 37 billion in co-financing. This 2021 Annual Results Report gives an overview of the strategic actions taken by GCF to deliver urgently needed climate finance in developing countries.