The Green Climate Fund (GCF) is a global platform designed to respond to climate change by investing in low-emission and climate-resilient development. It was established by 194 countries party to the United Nations Framework Convention on Climate Change (UNFCCC) in 2010, as part of the Convention’s financial mechanism. GCF aims to deliver equal amounts of funding to mitigation and adaptation initiatives in developing countries. It supports projects, programs, policies, and other activities that are aligned with the goals of the Paris Agreement.

Features

• Funding Mechanisms: Provides grants, concessional loans, equity investments, and guarantees to support climate change mitigation and adaptation projects.

• Focus Areas: Supports a wide range of sectors including energy, transport, buildings, industries, forestry, and water management.

• Accreditation Process: Entities seeking funding must be accredited based on their ability to manage GCF resources and ensure fiduciary standards.

• Readiness Program: Assists countries in strengthening their national capacities to access GCF funds and engage with its processes.

Benefits

• Adaptation and Mitigation: Helps developing countries enhance their climate resilience and reduce greenhouse gas emissions.

• Capacity Building: Empowers national institutions to effectively engage with GCF and manage climate finance.

• Collaboration: Encourages partnerships between governments, private sector, civil society, and international organizations.

• Innovation: Promotes innovative approaches and technologies in addressing climate challenges.

How to Access

Countries and entities can apply for GCF funding through an accreditation process. Information and application guidelines are available on the GCF website.