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Agreement set to increase India's rooftop solar reach
... the way for funds to be transferred in a USD 250 million project designed to unlock private sector energies by ... long-term financing for the implementation of solar rooftop projects in industrial, commercial and residential sectors." ... he added. The central role of the private sector in this project reflects a key GCF goal of using niche public-funded ...
Article > Press release India
Winter Olympics begin with key message on planetary cooperation
... pledge to leave no one behind . "A number of innovative projects in the GCF portfolio show clearly that creative ... Republic of Korea, the Fund has a growing portfolio of 53 projects, currently valued at USD 2.6 billion, which support ... is set to meet at the end of February to consider further projects to expand its portfolio of support for developing ...
Article > Press release Republic of Korea (the)
GCF and ADB sign agreement to help Fiji address its water challenge
... USD 31 million contribution to ADB in this USD 222 million project. Droughts and heavy rain are putting Fiji’s ... under strain. This infrastructure-based adaptation project will help alleviate this problem, expounded by ... its main water intake for the capital of Suva upstream – projected to benefit over 300,000 people. GCF Executive ...
Article > Press release Fiji
GCF Board Strengthens Fund’s Operations
... finance investments in low-emission and climate-resilient projects and programmes in developing countries. To date, ... GCF Board has approved USD 2.2 billion in funding for 43 projects to be implemented in 64 countries. The Board ... closely with countries at the early concept stage of their projects. In light of these decisions, the Board will return ...
Article > Press release
GCF Readiness Results - Antigua and Barbuda
... forward an ambitious pipeline of over USD 245 million in projects for potential GCF funding to help meet its ... with other countries in the Eastern Caribbean on a project proposal for Enhanced Direct Access. In the next ... grant activities, the NDA will focus on preparing its project pipeline and advancing accreditation to the Fund. In ...
Article > Press release Antigua and Barbuda
Zambia shows leadership potential in milestone visit to GCF HQ
... potential GCF Accredited Entities; recent progress on six projects that Zambia is presenting to GCF for possible ... its electricity. GCF is currently considering a number of projects in Zambia, with the majority focusing on leveraging ... meeting, which also marked GCF’s approval of its first projects, now numbering 35. Zambia Songdo Zambia shows ...
Article > Press release Zambia
Green Climate Fund and the International Development Finance Club signs a Statement of Partnership to join forces in fighting climate change
... and making the financial system shift towards climate projects, programs and policies, the Green Climate Fund and ... efficiency and quality across all phases of climate finance projects, from origination and appraisal to implementation ... to reinforce its low carbon and climate resilient projects in Morocco. CDG Group then joined nine other IDFC ...
Article > Press release
Responding to the impacts of the COVID-19 global pandemic: Interlinkages between people, planet and prosperity
... is impacting its partners and implementation of GCF-funded projects in developing countries, including new challenges ... taking a phased and risk-based approach to alleviating project implementation challenges, GCF will support ... 6-month, no cost extension on some Readiness Programme and Project Preparation Facility grants – two GCF programmes ...
Article > Press release
Strengthening Lesotho’s capacity to advance the National Adaptation Planning process
... the proposed GCF Readiness and Preparatory Support project will implement activities according to five priority ... Throughout implementation of these outcomes, the proposed project will engage with and benefit a wide range of ... sector actors, academia, and ultimately, local communities. Project outcomes will collectively contribute towards ...
Document > Approved readiness proposal Lesotho
Improving technical and operational capacities of the NDA and its network to provide strategic support to stakeholders of the Green Climate Fund's activities in Burkina Faso
... has received initial training on the management of the project cycle. However, this initial training is ... (i) improve skills and knowledge on standards of the GCF project cycle management for the staff of the Executive Secretariat of the NDA, and on climate project development to at least sixteen members of the ...
Document > Approved readiness proposal Burkina Faso
GCF Executive Director highlights role in climate adaptation at global dialogue
... GCF has already dedicated over USD 5 billion to adaptation projects, with an increased focus on equity funding for ... in underserved areas and supports innovative adaptation projects to attract private sector investors. It uses ... and National Adaptation Plans (NAPs) into impactful climate projects and investments through its Readiness Programme , ...
Article > News update
Chadian private sector support for low carbon and climate-resilient development
... country has been approved yet, as all GCF-funded climate projects that have benefited Chad have come from ... et Social as a DAE and the launch of the first Call for Project Ideas by the NDA dedicated to accredited entities ... engagement strategy. The direct beneficiaries of this project are the NDA's constituent bodies and other ...
Document > Approved readiness proposal Chad
GCF focuses on getting funds flowing
... major focus of the Fund this year on implementing approved projects. In GCF’s most recent disbursement of climate ... at the end of May. The USD 20 million private sector project is helping drive investment by medium and small ... in coming months to get funds flowing to the 43 projects it has already approved. To achieve this aim, GCF ...
Article > Press release
Beyond Paris: GCF Looks Ahead
... out, the Fund had processed and approved its first set of projects, fulfilling the request of the COP to make funding ... recognized the work that needed to be done to reconcile the project pipeline with the Board’s USD 2.5 billion ... to providing support to the Board and processing submitted project proposals. Mr. Fakir observed that in order to reach ...
Article > Press release
GCF ensures Indigenous Peoples play a key role in climate action
... supplies of water to nearby Pakistani villages. A GCF project in northern Pakistan to reduce the risk of ... act as key stakeholders in many of the GCF-funded climate projects covering over 100 developing countries. Their ... to ensure Indigenous Peoples have a key role in a GCF project which is improving the climate resilience of ...
Article > Press release
GCF speeds up funding flow with 4 partner agreements signed hours after Board approval
... detailed agreements with its partners to implement four new projects, just hours after funding approval was granted by ... developing countries. The FAAs relate to four new climate projects: Collaborating with the UN Food and Agriculture ... Entities, which propose and implement GCF-approved projects, was reduced from what had normally taken months to ...
Article > Press release
Enhancing climate finance and investment in LAC banking sector
... with ALIDE in the development of a Readiness regional project proposal on Climate finance for submission to the Green Climate Fund (GCF). The objective of the project is to generate evidence on the opportunities and ... climate finance, focusing on 3 main lines of action: The project emphasizes on supporting potential Direct Access ...
Document > Approved readiness proposal Multiple countries
Financing ambition and the future we want
... its partners, the GCF has built a strong portfolio of 129 projects worth a total value of USD 20 billion in 108 countries. Of this, 27 projects address climate change threats in SIDS with a total ... guarantees and equity than concessional debt to de-risk projects and catalyze finance. In parallel, GCF is working ...
Article > Speech
Financing the future we want
... fuel subsidies and use scare public resources to support projects that promote employment in the short term and low carbon and resilient societies in the longer term. Many projects can meet this dual objective. For example, energy ... and foster ecosystem restoration. These extensive projects require comprehensive policy development and ...
Article > Speech
Financing low emissions, resilient development pathways
... marketplace where leading private sector actors including project sponsors, institutional investors, financial ... 2019 equity valuations across countries did not reflect projected incidence of climate physical and transition ... pricing climate risks is proving a daunting challenge for project initiators and financiers alike, who are de facto ...
Article > Speech
Enhancing Togo’s Direct Access to GCF and Support for the Development of Climate Finance Strategy
... entity, develop a concept note for needed climate change project for submission to GCF. This grant will also support ... Togo still has no national accredited entity with GCF, the project concept notes that were developed are either with ... which has the capacity to possibly implement small project size of up to USD50M. In line with the National ...
Document > Approved readiness proposal Togo
Enabling Direct Access to GCF Climate Finance for Cabo Verde
... accredited DAEs have the capacity to develop a pipeline of projects and effectively implement GCF-funded activities; ... Outcome 4.3: An increase in the number of quality project concept notes developed and submitted that target ... about GCF criteria and processes required for GCF project development and approval; Lack of capacity of ...
Document > Approved readiness proposal Cabo Verde
The positives of preparing for disaster
... across a broad social spectrum. For instance, a GCF-funded project now being implemented in Vanuatu is expanding the ... efforts to inform and prepare its public to manage the projected impacts of climate change. This project is building on technical capacities in Vanuatu to ...
Article > Story Multiple countries
Financial management capacity assessment template (FMCA)
... related to its legal framework and status, procurement, project management, and Anti-Money Laundering and Countering ...
Document > Template
Results areas
... ensure a strategic approach when developing programmes and projects, while respecting the needs and priorities of ...
Basic page
Postcard from Katowice: Friday, December 7
... an event on Green Banking, before signing a private sector project agreement that will bring rooftop solar to India, in ...
Article > Press release
GCF and GIZ sign partnership agreement
... Zusammenarbeit (GIZ) GmbH to carry out climate finance projects approved by the GCF Board. Tanja Gönner, Chair of ...
Article > Press release Germany
GCF signs agreement with Micronesia Conservation Trust to bolster Pacific resilience
... AMAs open the way for GCF to consider climate change projects which Accredited Entities, such as MCT, bring ...
Article > Press release Micronesia (Federated States of)
Caribbean countries convene in Belize for GCF regional dialogue
... ownership, which she said “is key to the success of projects and programmes that are implemented.” She ... developing countries and GCF Accredited Entities to bring projects and programmes to the Fund’s Board that are ... countries to present their priorities and detail potential projects and programmes that could be submitted to the GCF ...
Article > Press release Belize Pages
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