As a Least Developed Country (LDC), a Small-Island Developing State and the newest country to the Asia-Pacific region, Timor-Leste faces a number of development challenges, which are exacerbated by climate change and climate change impacts.This proposal requests readiness preparation funding assistance of US$300,000 from the Green Climate Fund (GCF) for the National Designated Authority/Focal Point for Green Climate Fund for Timor-Leste, to undertake preparation activities over a two-year period from 2016 – 2018. These readiness activities are those under the standardised work packages for activity area 1 (Establishing and strengthening the proposed National Designated Authority (NDA) and Focal Point), and activity area 2 (Development of a Strategic Framework) and include programming priorities and project/programme concepts and the identification of potential entities to nominate for GCF accreditation. Readiness preparation assistance will greatly benefit country ownership in Timor-Leste’s engagement with the Green Climate Fund.