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The GCF's initial investment framework defines the rules for granting grants and concessional loans to support low-carbon and climate-resilient development. It sets a 50/50 balance between mitigation and adaptation, prioritizes vulnerable countries, and outlines six criteria for evaluating project proposals, including potential impact and paradigm shift potential.

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  • The GCF's investment policies prioritize projects and programs that demonstrate maximum potential for a 'paradigm shift' toward low-carbon and climate-resilient sustainable development, following a country-driven approach.
  • For the first resource replenishment period (GCF-1), the fund aims for a progressive 50/50 balance between mitigation and adaptation. It establishes a floor of 50% of the adaptation allocation for vulnerable countries, specifically including Least Developed Countries, Small Island Developing States, and African states.
  • The GCF seeks to maximize collaboration with the private sector, including SMEs and micro-enterprises, with a target that the allocation to the Private Sector Facility (PSF) exceeds 20%.
  • The fund provides the minimum necessary concessional financing (grant equivalent) to make a project viable, and it specifies that loans are only supported for income-generating activities that are inherently financially sound.

Cite the original document

APA
Green Climate Fund (n.d.). Cadre d’investissement initial. https://www.greenclimate.fund/sites/default/files/document/fr-initial-investment-framework_0.pdf
Chicago
Green Climate Fund. Cadre d’investissement initial. n.d. https://www.greenclimate.fund/sites/default/files/document/fr-initial-investment-framework_0.pdf.
Wikipedia
{{cite report |author=Green Climate Fund |title=Cadre d’investissement initial |url=https://www.greenclimate.fund/sites/default/files/document/fr-initial-investment-framework_0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{greenclimatefundndcadre, author = {{Green Climate Fund}}, title = {{Cadre d’investissement initial}}, institution = {Green Climate Fund}, url = {https://www.greenclimate.fund/sites/default/files/document/fr-initial-investment-framework_0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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