25 C
Lagos
Monday, June 30, 2025

GCF to consider 19 climate projects for funding at Papua New Guinea board meeting

- Advertisement -

The Green Climate Fund (GCF) will hold its 42nd Board meeting (B.42) in Port Moresby, Papua New Guinea, from June 30 to July 3, 2025.  The GCF Secretariat has proposed a slate of 19 climate projects to the Board for consideration, amounting to a record total of $1.3 billion in potential GCF funding.

Mafalda Duarte
GCF Executive Director, Mafalda Duarte

Proposed projects under consideration include GCF’s first-ever single-country projects in Oman, Mauritania, Saint Lucia, and Papua New Guinea.

The Board will also consider the accreditation of eight new organisations as GCF project implementing partners. Seven of the eight are national organisations established within developing countries.

Other items on the agenda include reforms to the accreditation process aimed at streamlining access to the Fund, consideration of how to establish a regional presence for GCF, and the approval of new staff rules and regulations.

The meeting will take place at APEC House in Port Moresby and will be live-streamed on the GCF website. 

GCF Board members and their alternates are drawn equally from developed and developing countries.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

16 − 16 =

Latest news

- Advertisement -
- Advertisement -

You might also likeRELATED
Recommended to you

×