Actualización del Plan Estratégico del Fondo Verde para el Clima para 2020-2023

The GCF's 2020-2023 updated strategic plan focuses on promoting a paradigm shift toward low-emission and climate-resilient development. Key goals include balancing funding between mitigation and adaptation, increasing direct access funding, and scaling up private sector mobilization. The plan emphasizes strengthening country ownership through the alignment of investments with national climate strategies like NDCs and NAPs. Operationally, the GCF aims to simplify accreditation processes, optimize project approval speeds, and enhance institutional capacity to better serve vulnerable regions, including LDCs, SIDS, and African states.

• The GCF defines a 'paradigm shift' as the extent to which a funded activity can catalyze impact beyond a one-off investment through innovation, scalability, contribution to policy frameworks, and the creation of enabling conditions for sustainable results.
• For the 2020-2023 period, the GCF aims to balance funding between mitigation and adaptation, specifically targeting the needs of particularly vulnerable entities such as Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African states.
• The GCF intends to align its future programming with national priorities identified in Nationally Determined Contributions (NDCs), Adaptation Communications (ACs), National Adaptation Plans (NAPs), and Technology Needs Assessments (TNAs).
• A core strategic objective is to significantly increase the volume of funding channeled through Direct Access Entities (DAEs) compared to the Initial Resource Mobilization (IRM) period.
• The GCF seeks to catalyze private sector finance at scale by developing a private sector strategy that addresses currency fluctuations, removes investment barriers, and supports local climate-oriented financial systems.
• The GCF has established specific operational targets for 2023, including programming 95% of available resources and ensuring that 90% of the total project portfolio has been executed on the ground.
• The fund identifies eight result areas for its portfolio: four for reduced emissions (energy generation/access, transport, buildings/cities/industries/appliances, and forest/land use) and four for increased resilience (livelihoods, health/food/water security, infrastructure/built environment, and ecosystems/ecosystem services).

APA

Green Climate Fund (2020). Actualización del Plan Estratégico del Fondo Verde para el Clima para 2020-2023. https://www.greenclimate.fund/sites/default/files/document/es-updated-strategic-plan-green-climate-fund-2020-2023.pdf

Chicago

Green Climate Fund. Actualización del Plan Estratégico del Fondo Verde para el Clima para 2020-2023. 2020. https://www.greenclimate.fund/sites/default/files/document/es-updated-strategic-plan-green-climate-fund-2020-2023.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Actualización del Plan Estratégico del Fondo Verde para el Clima para 2020-2023 |date=2020 |url=https://www.greenclimate.fund/sites/default/files/document/es-updated-strategic-plan-green-climate-fund-2020-2023.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2020actualizacin, author = {{Green Climate Fund}}, title = {{Actualización del Plan Estratégico del Fondo Verde para el Clima para 2020-2023}}, institution = {Green Climate Fund}, year = {2020}, url = {https://www.greenclimate.fund/sites/default/files/document/es-updated-strategic-plan-green-climate-fund-2020-2023.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }