Tag Archives: climate finance

Environmentalists have urged the African Development Bank (AfDB) to take more committed and decisive leadership role in fighting the climate crisis threatening  half of the globe’s Gross Domestic Product (GDP). AfDB president, Akinwunmi Adesina The environmentalists, under the African Climate Reality Project, a climate diplomacy organisation, made the call in a statement signed by its Communications Officer, Ms Nicole Rodel. ...

The Organisation for Economic Co-operation and Development (OECD) on Friday, November 6, 2020 published a report on the status of climate finance that has been mobilised by developed countries in relation to their commitment to deliver $100 billion annually by 2020. The report takes stock of funds that had been delivered by 2018, indicating that although there is a steady ...

Centre for 21st Century Issues, a non-governmental organisation (NGO), has urged women to act as catalyst in climate finance and Green Climate Fund (GCF), saying this will require a change of mindset. Titilope Akosa, the Executive Director of Centre for 21st Century Issues, speaking during the workshop Executive Director of the centre, Ms Titilope Akosa, made the call in an interview ...

A step-by-step procedure for accessing climate change finance was the focus of the second day of a two-day training on Friday, October 16, 2020 organised by the Centre for 21st Century Issues and Both Ends, in partnership with the Department of Climate Change (DCC) of the Federal Ministry of Environment, Lagos State Government’s Ministry of Environment and Water Resources, and Natural Eco Capital ...

As part of a two-day capacity building workshop that commenced in Abuja on Thursday, October 15, 2020, women are being trained to understand climate finance mechanisms and be guided on steps to access available climate finance in Nigeria. Titilope Akosa, the Executive Director of Centre for 21st Century Issues, speaking during the workshop The workshop, which is focused on climate finance ...

Women’s limited or lack of capacity to engage climate finance and the Green Climate Fund (GCF) processes were among numerous issues addressed at a series of sessions held recently in Lagos and Rivers states. L-R: Executive Director, Centre for 21st Century Issues, Ms. Titi Akosa; Director, Department of Climate Change & Environmental Planning, Lagos State Ministry of the Environment & ...

Recent expansion of assistance by the Green Climate Fund (GCF) to countries preparing to implement climate finance is targeting Africa and the Pacific. The GCF has provided $700,000 to the Ministry of Natural Resources of Rwanda, a GCF direct access Accredited Entity, to assist the development of projects under the Fund’s Project Preparation Facility (PPF). This is an additional tranche within a ...

The Government of Liberia recently received $805,000 as part of a $2.2 million Green Climate Fund (GCF) grant to support its national climate adaptation planning process. The release of funds to the West African country represents GCF’s first transfer of adaptation resources to a least developed country (LDC). Liberia will use the GCF funds to kick-start a cross-government approach to ...

The Green Climate Fund (GCF) has commenced the transfer of its first REDD+ disbursement to help Ecuador reduce greenhouse gas (GHG) emissions and protect its forests. The current transfer of $7.9 million to the United Nations Development Programme (UNDP), a GCF Accredited Entity, marks a key milestone for the Fund. It is the first time GCF is distributing climate finance ...

The 17th meeting of the Green Climate Fund (GCF) Board opened on Wednesday, July 5, 2017, with a major goal to strengthen the Fund’s focus on targeting strong climate finance initiatives. The GCF Board’s 24 members will work to strengthen the policies underpinning GCF’s support for projects that reduce emissions and boost the resilience of communities to climate change. More ...