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This fact sheet, published by Friends of the Earth International in November 2015, provides a guide to the Green Climate Fund (GCF), detailing its governance, funding mechanisms, accreditation processes, and the role of various stakeholders including the private sector and civil society.

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  • The Green Climate Fund (GCF) is designed as the primary global multilateral fund for financing climate adaptation and mitigation in developing countries, operating under the United Nations Framework Convention on Climate Change (UNFCCC). Its governing body consists of a 24-seat Board divided equally between developed and developing countries, with two seats specifically reserved for least developed countries and small island developing states.
  • The GCF does not fund projects directly; instead, it operates through 'accredited entities' which can be multinational, national, subnational, regional, public, private, or NGOs. As of the document's writing, 20 entities had been accredited, including the Asian Development Bank, the UNDP, and the World Bank.
  • Funding is split equally between adaptation and mitigation. Half of the adaptation funds are prioritized for vulnerable countries, particularly those in Africa and small island developing states. Additionally, countries can request up to $1 million in 'readiness funds' to build capacity to work with the GCF.
  • The GCF has not established a formal exclusion list for technologies or activities, meaning it has not banned fossil fuels. However, certain investment criteria regarding the avoidance of high-emission infrastructure lock-in may be used to exclude them. The document warns of the risk of 'greenwashing' for nuclear energy, large dams, biofuels, and waste incineration.
  • National Designated Authorities (NDAs) serve as the country focal points and must provide a 'no-objection letter' for funding requests to ensure alignment with national priorities. The document notes a lack of minimum standards for NDAs, which may lead to insufficient consultation with civil society and affected communities.
  • The World Bank serves as the fiduciary administrator (acting as the bank account holder) but was also accredited as an executing entity in July 2015, allowing it to influence the distribution and receipt of funds.
  • The GCF includes a Private Sector Facility (PSF) to mobilize private financing, particularly for local actors and SMEs in developing countries. However, there is ongoing tension regarding whether these funds will benefit local SMEs or international subsidiaries of companies from developed nations.
  • As of September 30, 2015, 38 countries had pledged nearly $10.2 billion over four years, with $5.76 billion legally allocated to the fund.

Cite the original document

APA
Friends of the Earth International (2015). Un guide Fonds vert pour le climat. https://www.foei.org/wp-content/uploads/2020/12/Green-climate-fund-FR.pdf
Chicago
Friends of the Earth International. Un guide Fonds vert pour le climat. 2015. https://www.foei.org/wp-content/uploads/2020/12/Green-climate-fund-FR.pdf.
Wikipedia
{{cite report |author=Friends of the Earth International |title=Un guide Fonds vert pour le climat |date=November 2015 |url=https://www.foei.org/wp-content/uploads/2020/12/Green-climate-fund-FR.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{friendsoftheearthinternational2015guide, author = {{Friends of the Earth International}}, title = {{Un guide Fonds vert pour le climat}}, institution = {Friends of the Earth International}, year = {2015}, month = nov, url = {https://www.foei.org/wp-content/uploads/2020/12/Green-climate-fund-FR.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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