Report on Activities of the Secretariat
Summary
The GCF Secretariat report for mid-March to mid-June 2015 details progress in accreditation, readiness support, and the development of a project pipeline. It highlights the achievement of the Fund's effectiveness threshold with approximately US$ 5.47 billion in contributions and the review of 76 public sector concept notes requesting US$ 3.4 billion. The report also outlines the activities of the Private Sector Facility (PSF), including the review of 48 potential project ideas totaling US$ 3.1 billion, and the Secretariat's engagement with UNFCCC thematic bodies and other climate funds to ensure policy coherence.
Key insights
- The Green Climate Fund has surpassed its effectiveness threshold of 50 per cent, with 21 countries signing contribution agreements totaling approximately US$ 5.47 billion as of 1 June 2015.
- The Secretariat reviewed 76 concept notes for public sector and public-private partnerships, which requested a total of US$ 3.4 billion in GCF funding. Geographically, these originated from Asia-Pacific (28), Africa (19), Latin America and the Caribbean (20), Eastern Europe (5), and multiple regions (4).
- The Private Sector Facility (PSF) reviewed 48 potential project ideas totaling US$ 3.1 billion. The largest results area for these projects is 'Increased low-emission energy access and power generation' at US$ 1,781 million.
- The Secretariat is implementing standardized readiness packages providing US$ 300,000 per country to support National Designated Authority (NDA) capacity building and strategic framework formulation, with around 20 countries currently working with the Secretariat to benefit.
- The Fund has adopted the International Finance Corporation’s (IFC) Performance Standards as its interim Environmental and Social Safeguards and allows a fast-track accreditation process for institutions already accredited by the GEF, the AF, and EU DEVCO.
- Secretariat staffing has increased to 35 members, with a notable increase in diversity: staff from developing countries rose from 25 per cent in October 2014 to 58 per cent, and female staff increased from 25 per cent to 48 per cent in the same period.
Cite the original document
- APA
- Green Climate Fund (2015). Report on Activities of the Secretariat. https://www.greenclimate.fund/sites/default/files/document/gcf-b10-inf03.pdf
- Chicago
- Green Climate Fund. Report on Activities of the Secretariat. 2015. https://www.greenclimate.fund/sites/default/files/document/gcf-b10-inf03.pdf.
- Wikipedia
- {{cite report |author=Green Climate Fund |title=Report on Activities of the Secretariat |date=25 June 2015 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-b10-inf03.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greenclimatefund2015report, author = {{Green Climate Fund}}, title = {{Report on Activities of the Secretariat}}, institution = {Green Climate Fund}, year = {2015}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-b10-inf03.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated