Fourth Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change

The Green Climate Fund reached operational effectiveness in May 2015 after securing signed contribution agreements totaling US$ 5.47 billion, exceeding the 50 per cent threshold of its US$ 10 billion in pledges. The Fund has accredited seven initial entities and is implementing a Readiness and Preparatory Support Programme to assist over 120 developing countries in nominating national designated authorities and developing climate strategies. It has also established initial investment, risk management, and results management frameworks to begin funding mitigation and adaptation projects by its third meeting in 2015.

• The Green Climate Fund reached operational effectiveness in May 2015, enabling it to allocate resources for climate projects. This was achieved after 22 countries signed contribution agreements totaling approximately US$ 5.47 billion, which is 58.5 per cent of the total pledges.
• As of May 2015, the Fund had secured US$ 10 billion in pledges from 33 countries. It continues to seek additional resources and encourages the remaining contributors to convert their pledges into actual contributions.
• The Fund has accredited seven initial entities to channel resources via grants, loans, equity, and guarantees. Additionally, 95 institutions globally have started the accreditation process, with 55 having already applied.
• More than 120 developing countries have nominated a national designated authority (NDA) or focal point. Approximately half of these are utilizing the Readiness and Preparatory Support Programme, which provides standardized packages of US$ 300,000 to strengthen NDAs and strategic frameworks.
• The Fund has established an initial operational framework including a proposal approval process, an investment framework with activity-specific sub-criteria, and a results management framework with mitigation and adaptation performance measurement frameworks.
• The Private Sector Facility is being operationalized, with one private sector entity (Acumen Inc.) and two public sector entities with private sector experience (KfW Group and the Asian Development Bank) accredited. The Fund is promoting the use of guarantees, equity, and green bonds to mobilize funding at scale.
• The Fund adopted a gender policy and action plan for 2015–2017 to ensure gender-sensitive operations. This is reflected in its staffing, where 47.5 per cent of staff members are female.
• The Fund is implementing a 'country ownership' investment criterion, which assesses whether a project aligns with a country's national climate strategy, such as a National Adaptation Plan (NAP) or a Nationally Appropriate Mitigation Action (NAMA).

APA

Green Climate Fund (2015). Fourth Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change. https://www.greenclimate.fund/sites/default/files/decision/b10/decision-b10-18-b10-a28.pdf

Chicago

Green Climate Fund. Fourth Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change. 2015. https://www.greenclimate.fund/sites/default/files/decision/b10/decision-b10-18-b10-a28.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Fourth Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change |date=2015 |url=https://www.greenclimate.fund/sites/default/files/decision/b10/decision-b10-18-b10-a28.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2015fourth, author = {{Green Climate Fund}}, title = {{Fourth Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change}}, institution = {Green Climate Fund}, year = {2015}, url = {https://www.greenclimate.fund/sites/default/files/decision/b10/decision-b10-18-b10-a28.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }