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Tag Archives: Green Climate Fund (GCF)

AfDB receives $170.9m climate fund boost for energy access framework

Kevin Kariuki

The Board of Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) programme, a statement from the AfDB said on Wednesday, July 7, 2021. Kevin Kariuki, Vice President for Power, Energy, Climate and Green Growth, AfDB LEAF aims to unlock commercial and local-currency financing for decentralised renewable ...

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GCF approves $500m for new climate action

GCF Board Meeting

The Green Climate Fund (GCF) Board has allocated $501.1 million in GCF resources for new climate projects at its 29th meeting and taken significant steps to strengthen results management for its growing portfolio. A GCF Board Meeting The four new climate projects approved during the meeting will mobilise a total of $2,949 million for climate action in Africa, Asia, and ...

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$500m in climate finance under consideration as GCF board meets

Javier Manzanares

The 29th meeting of the Green Climate Fund (GCF) Board that commenced on Monday, June 28, 2021 is considering new funding proposals that total over $500 million in climate finance for adaptation and mitigation. Javier Manzanares, Deputy Executive Director of the Green Climate Fund (GCF) The four-day virtual meeting, the second of the year, is alongside these proposals considering a ...

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GEF approves new funding, backs collaborative approach

Carlos Manuel Rodriguez

Three decades after the Global Environment Facility’s (GEF) establishment, the multilateral fund’s governing body has approved 39 new initiatives designed to help the planet heal after the COVID-19 pandemic, welcomed increased collaboration across international conventions, and endorsed plans for a new coordinated approach to working efficiently with the Green Climate Fund (GCF). Carlos Manuel Rodriguez, GEF CEO and Chairperson GEF ...

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Gender groups urged to notify authorities of interest in climate finance

Green Climate Fund Readiness Support Programme

Women and gender groups have been called upon to make their interest in climate finance matters as they relate with the Green Climate Fund (GCF) known to the appropriate authorities and entities. Participants at the Training Workshop on Green Climate Fund Readiness Support Programme and Consultative Forum on Nigeria’s Readiness Support Ms. Titilope Akosa, Executive Director, Centre for 21st Century ...

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ECOWAS trains Nigerian experts on how to access Green Climate Fund

Dr Johnson Boanuh

The Economic Community of West African States (ECOWAS) commenced a four-day training in Abuja on Tuesday, December 8, 2020 to train Nigerians on how to develop projects to make Nigeria benefit from the Green Climate Funds (GCF). Dr Johnson Boanuh, Director, Environment and Natural Resources, ECOWAS Commission The GCF was created to support efforts of developing countries to respond to the ...

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Green Climate Fund Board approves $1bn for climate action

Yannick Glemarec

The Green Climate Fund (GCF) Board has given a major boost to climate finance for developing countries with the approval of over $1 billion of funding for low-emission, climate-resilient development. The 27th Board meeting also adopted the Updated Strategic Plan for the Green Climate Fund 2020-2023, setting an ambitious direction for GCF during its first replenishment period. GCF executive director, Yannick Glemarec A total ...

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GCF invests $23.1m towards building climate resilience of Mongolian herder communities

Mongolian herder

At the 27th meeting of its Board, the Green Climate Fund (GCF) on Tuesday, November 10, 2020 approved a new $23.1 million grant towards strengthening the climate resilience of herder communities in Mongolia. A Mongolian herder Approximately 26,000 households (130,000 people), living across four of the country’s most remote and vulnerable Western and Eastern aimags (provinces) are set to benefit, with ...

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AfDB to train 80 Africans on climate finance

Akinwunmi Adesina

The African Development Bank (AfDB) has selected representatives from 80 government institutions, civil society organisations and universities for training as experts in developing climate financing proposals. AfDB president, Akinwunmi Adesina According to a statement from the bank on Friday, October 30, 2020, the selection followed a thorough and independent process, with 40 of the nominees from English speaking countries and ...

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NGO calls for change in women’s mindset toward climate finance, green fund

Women and Climate Finance

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 ...

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