Status of the GCF Resources, Portfolio and Pipeline Summary

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As of March 31, 2025, the GCF's total pledged amount decreased to USD 29.9 billion following the United States' revocation of USD 4 billion in outstanding pledges. The Fund has committed USD 16.7 billion to 297 projects across 133 countries, with a portfolio balance of 59% adaptation and 41% mitigation in grant-equivalent terms. The accredited entity network consists of 145 entities, 64% of which are Direct Access Entities. The Readiness Programme has approved USD 713 million for 862 grants, with 62% of support directed toward LDCs, SIDS, or African States. To manage a pipeline of 182 concept notes and 85 funding proposals, the GCF is implementing a 'targeted approach' to retire inactive legacy projects. The Project Preparation Facility (PPF) has committed USD 69.5 million to support 110 applications, unlocking USD 7.2 billion in total climate finance.

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  • The total pledged amount for the GCF decreased to USD 29.9 billion as of March 31, 2025, down from USD 33.9 billion reported at B.41. This reduction was caused by the United States of America rescinding USD 4 billion in outstanding pledges: USD 1 billion for the Initial Resource Mobilization (IRM) and USD 3 billion for the second replenishment period (GCF-2).
  • As of April 30, 2025, the GCF Accredited Entity (AE) network includes 145 approved entities, with Direct Access Entities (DAEs) making up 64% of the network. While DAEs are the majority, International Access Entities (IAEs) dominate large-scale projects (above USD 250 million), accounting for 71% of such entities.
  • The Readiness Programme portfolio grew by 10% to USD 713 million for 862 grants as of April 30, 2025. Support is heavily weighted toward vulnerable regions, with 93 of 142 recipient countries being LDCs, SIDS, or African States, receiving 62% (USD 444 million) of the total approved support.
  • The GCF has committed USD 16.7 billion to 297 projects across 133 countries. In grant-equivalent terms, the portfolio is split between 59% adaptation and 41% mitigation. Energy generation and access is the most funded sector, representing 20% of total funding.
  • Cumulative disbursements reached USD 5.6 billion as of April 30, 2025, and are projected to reach between USD 6.67 billion and 6.72 billion by the end of 2025. The Fund's annual disbursement target for 2025 is between USD 1,100 million and USD 1,150 million.
  • The Project Preparation Facility (PPF) has committed a cumulative USD 69.5 million to 110 applications. This support has unlocked USD 7.2 billion in total climate finance, including USD 2.5 billion in GCF finance, across 41 Board-approved funding proposals.
  • The GCF is optimizing its pipeline to address 'legacy' projects that have been inactive for over 12 months. Between March and May 2025, the Secretariat retired 70 concept notes (CNs) that had not progressed toward endorsement for more than a year.
  • As of May 31, 2025, the cumulative pipeline consists of 182 concept notes requesting USD 10.7 billion in GCF financing and 85 funding proposals requesting USD 5.3 billion. The total value including co-financing is USD 27.7 billion for CNs and USD 18.2 billion for funding proposals.

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APA
Green Climate Fund (2025). Status of the GCF Resources, Portfolio and Pipeline Summary. https://www.greenclimate.fund/sites/default/files/document/10-status-gcf-resources-portfolio-and-pipeline-gcf-b42-inf09.pdf
Chicago
Green Climate Fund. Status of the GCF Resources, Portfolio and Pipeline Summary. 2025. https://www.greenclimate.fund/sites/default/files/document/10-status-gcf-resources-portfolio-and-pipeline-gcf-b42-inf09.pdf.
Wikipedia
{{cite report |author=Green Climate Fund |title=Status of the GCF Resources, Portfolio and Pipeline Summary |date=13 June 2025 |url=https://www.greenclimate.fund/sites/default/files/document/10-status-gcf-resources-portfolio-and-pipeline-gcf-b42-inf09.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{greenclimatefund2025status, author = {{Green Climate Fund}}, title = {{Status of the GCF Resources, Portfolio and Pipeline Summary}}, institution = {Green Climate Fund}, year = {2025}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/document/10-status-gcf-resources-portfolio-and-pipeline-gcf-b42-inf09.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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