Wednesday 23rd October 2019
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Tag Archives: GCF

$9.1m GCF facility boosts wetlands management in Peruvian communities

Peruvian comminities

The Green Climate Fund (GCF) has begun disbursing resources to the first project it approved in Peru’s Amazon, providing dual benefits by safeguarding the “planet’s lungs” and bolstering the resilience of indigenous people. This $9.1 million climate finance initiative will help indigenous communities in the northern Peruvian province of Datem del Marañón manage their wetland resources in ways that avoid deforestation and ...

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Deutsche Bank partners with GCF on climate action

GCF-Deutsche Bank

Deutsche Bank in London on Tuesday, May 23, 2017 signed an Accreditation Master Agreement (AMA) with the Green Climate Fund (GCF), enabling the Bank to receive and use GCF capital to raise further funds from private sector investors to support action on climate change. The agreement was signed by Nicolas Moreau, Head of Deutsche Asset Management and member of the Management Board ...

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No new GCF money under Trump – U.S. diplomat

Trigg Talley

A top U.S. diplomat has said that America will no longer deliver money to help poor countries deal with the impacts of climate change. The decision is no surprise domestically. Republicans have long made clear that the Green Climate Fund (GCF) won’t see another dime of U.S. money under the Trump administration. But the comments of U.S. Deputy Special Envoy ...

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Nigeria develops funding proposal to access climate fund


Bothered by the fact that it is yet to access the the Green Climate Fund (GCF), Nigeria has kick-started moves to turn things around and ensure the financial capability to battle the effects of the changing weather. The Department of Climate Change (DCC) in the Federal Ministry of Environment, in its capacity as the nation’s Designated National Authority (DNA) to ...

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GCF scopes forest funding path


The Green Climate Fund (GCF) is currently exploring ways to help countries keep their forests intact while also dealing with climate change following a “ground-breaking” workshop held in Bali, Indonesia at the end of last month. Sixty participants from developing and developed countries shared their experiences in REDD+ implementation during the workshop on 21 to 24 April. They advised the ...

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Nigeria to develop GCF funding proposal, third climate communication

Dr Peter Tarfa

After preparing and submitting its First (FNC) and Second National Communications (SNC) to the Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) in November 2003 and June 2014 respectively, Nigeria will this week commence the preparation of the Third National Communication (TNC). At a project inception workshop holding from Tuesday, May 2 to Wednesday, May 3, 2017 in Keffi Nasarawa ...

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Asians share climate experiences at GCF regional dialogue


The Green Climate Fund’s (GCF) first Structured Dialogue with Asia opened on Wednesday, April 26, 2017 in Denpasar, the capital city and main hub of the Indonesian province of Bali. The forum is seeking a common cause amid diversity in bringing together representatives from 24 nations, even as participants set out to share their climate experiences, and advise the GCF on ...

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GCF unveils guide on how to access fund

Howard Bamsey

The Green Climate Fund (GCF) on Tuesday, April 18, 2017 launched a new web-based guide that provides Partners with detailed information on how to access its resources. Tagged “GCF 101”, the guide aims to help GCF stakeholders better navigate the many elements of engaging with the Fund. “GCF 101 is simple. Four distinct chapters address the different opportunities the Fund ...

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$177m earmarked for Nigeria under $3.5b Africa ocean economies initiative


Africa is once again at the centre of global focus, thanks to an initiative aimed at ensuring that its marine economies are climate-resilient. In the face of a changing global climate, Africa and its coastal communities that rely on the oceans for their food security and livelihoods are considered particularly vulnerable. But succour may just be around the corner, going ...

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GCF approves $755m in funding for eight projects

Howard Bamsey

The first Green Climate Fund (GCF) Board meeting of 2017 concluded on Thursday, April 6, 2017 by approving eight new projects and programmes valued at $755 million in GCF funding to assist developing countries respond to climate change. The decisions were reached during the 16th meeting of the Board (B.16) at GCF Headquarters in Songdo, Republic of Korea. Taking the eight new ...

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