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

The GCF approved USD 3.7 billion for 76 projects across 79 developing countries, targeting a reduction of 1.3 billion metric tonnes of CO2 equivalent. Key operational developments include the launch of the Simplified Approval Process (SAP) Pilot Scheme, the adoption of an Indigenous Peoples Policy, and the establishment of an Environmental and Social Policy. The fund is also preparing for its first formal replenishment process and expanding its private sector engagement through dedicated pilot programmes for MSMEs and resource mobilization at scale.

• The GCF Board approved USD 3.7 billion to support 76 climate change adaptation and mitigation projects and programmes across 79 developing countries, with an expected total value of USD 12.6 billion including USD 8.8 billion in co-financing.
• The approved portfolio is distributed by theme as 46 per cent for mitigation, 32 per cent for adaptation, and 22 per cent for cross-cutting activities, with an expected total abatement of 1.3 billion metric tonnes of CO2 equivalent.
• A significant portion of funding is directed toward vulnerable regions; 60 per cent of approved projects involve least developed countries (LDCs), small island developing States (SIDS), and African States, and over 75 per cent of adaptation funding is allocated to these groups.
• The GCF launched the Simplified Approval Process (SAP) Pilot Scheme with an allocation of up to USD 80 million to streamline the approval of small-scale activities with minimal environmental and social risks.
• The Readiness and Preparatory Support Programme has had USD 190 million allocated in total, with USD 86.1 million approved for 185 requests from 110 countries as of April 30, 2018.
• The GCF has expanded its accreditation to 59 entities, including 32 direct access entities and 27 international access entities, with a specific priority on accrediting national direct access entities and private sector entities in developing countries.
• The fund is operationalizing REDD-plus results-based payments, having approved a request for proposals (RFP) with an initial envelope of USD 500 million.
• The GCF has adopted new governance and safeguard policies, including an indigenous peoples policy, an environment and social policy, and an anti-money laundering and countering the financing of terrorism policy.
• Private sector engagement is being driven through the Private Sector Facility (PSF), which contributed USD 1.5 billion to the approved total, and specific pilots for MSMEs (USD 200 million) and mobilizing resources at scale (USD 500 million).
• As of April 30, 2018, total pledges to the GCF in the initial resource mobilization period amount to USD 10.3 billion from 43 countries, three regions, and one city.

APA

Green Climate Fund (n.d.). Seventh 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/b20/decision-b20-06-b20-a03.pdf

Chicago

Green Climate Fund. Seventh Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change. n.d. https://www.greenclimate.fund/sites/default/files/decision/b20/decision-b20-06-b20-a03.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Seventh Report of the Green Climate Fund to the Conference of the Parties to the United Nations Framework Convention on Climate Change |url=https://www.greenclimate.fund/sites/default/files/decision/b20/decision-b20-06-b20-a03.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefundndseventh, author = {{Green Climate Fund}}, title = {{Seventh 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}, url = {https://www.greenclimate.fund/sites/default/files/decision/b20/decision-b20-06-b20-a03.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }