Tag Archives: GCF

The Green Climate Fund (GCF) on Thursday, August 17, 2017 expanded its impact in the Asian region with an agreement strengthening its shared strategic approach to tackle climate change with the Asian Development Bank (ADB). The two organisations have signed an Accreditation Master Agreement (AMA), a prerequisite for all GCF Accredited Entities in order to implement GCF-approved projects. ADB was ...

A representative of the National Designated Authority (NDA) of Mali, the Agency for Environment and Sustainable Development, Lassina Coulibaly, who is Chief of Section, Resource Mobilisation and Financial Mechanism Monitoring, in this interview, shares insights into his country’s climate action goals and priorities with the Green Climate Fund (GCF). Excerpts: Kindly share with us a game-changer programme that GCF could ...

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 Green Climate Fund has signed an Accreditation Master Agreement with Conservation International, broadening the Fund’s global reach to support climate action. Conservation International, an international non-profit organisation and GCF Accredited Entity, is helping to protect nature and encourage sustainable development in over 30 countries across six continents. Accreditation Master Agreements are critical as they deepen ties between GCF and ...

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 ...

Achim Steiner, United Nations Development Programme (UNDP) Administrator, has said that the Maldives will benefit from the current transfer of Green Climate Funds (GCF) funds to an adaptation project run by the UNDP. While surrounded by water, many people in the outer islands of the Maldives suffer from recurring water supply emergencies. Variable rainfall patterns and increasing salinisation caused by ...

The Green Climate Fund (GCF) has disbursed $296,000 to Vanuatu to increase this vulnerable island country’s capacity to access climate finance. The transfer of these funds is part of GCF’s readiness support, which assists developing countries ensure the climate finance they receive matches their own development needs. GCF is working with its delivery partner the Global Green Growth Institute, a Korean-based international ...

The disbursement of Green Climate Fund (GCF) financing is picking up pace, following a major focus of the Fund this year on implementing approved projects. In GCF’s most recent disbursement of climate finance, in early June, it transferred the first $1 million tranche of an approved $6.2 million grant to help Peru’s indigenous communities manage wetlands to avoid deforestation and the release ...

In what looks like the first collaboration of its kind, the Governments of Ghana and Tonga will receive Readiness and Preparatory Support from the Green Climate Fund (GCF) for green technology assistance delivered by the Climate Technology Centre & Network (CTCN), thus marking a new engagement between the Finance and Technology Mechanisms of the United Nations Framework Convention on Climate ...