Status of the GCF portfolio: approved projects and fulfilment of conditions

As of 31 December 2018, the GCF portfolio consists of 93 approved projects totaling USD 4.6 billion in GCF funding and USD 11.7 billion in co-financing. While 40 projects are under implementation, 53 projects (61%) have not yet started implementation, primarily due to delays in the finalization of Accreditation Master Agreements (AMAs). Total disbursements reached USD 427 million, with a significant portion flowing to the private sector. The portfolio targets 96 countries, with the largest funding allocations directed toward the African region.

• As of 31 December 2018, the GCF has approved 93 funding proposals with a total GCF funding value of USD 4.6 billion and USD 11.7 billion in mobilized co-financing, bringing the total portfolio value to USD 16.3 billion.
• The portfolio is expected to achieve a total mitigation impact of 1.4 billion tonnes of carbon dioxide equivalent and reach 272 million direct and indirect beneficiaries.
• International access entities (IAEs) dominate the portfolio, managing 71 projects with USD 4.0 billion (86% of total funding), while national and regional direct access entities (DAEs) manage 22 projects totaling USD 628 million (14%).
• Funding is distributed across results areas with 'energy access and power generation' receiving the most (USD 1.7 billion, 38%) and 'low emission transport' the least (USD 118 million, 3%) for mitigation; for adaptation, 'health, food and water security' is the strongest emphasis (USD 542 million, 12%).
• In nominal terms, 60% of the portfolio (USD 2.8 billion) is allocated to mitigation and 40% (USD 1.8 billion) to adaptation. Of the adaptation funding, 66% (USD 1.2 billion) is allocated to LDCs, SIDS, and/or African States, exceeding the 50% floor target.
• The portfolio targets 96 countries across four regions, with the African region receiving the largest share of funding at 39% (USD 1.8 billion), followed by Asia-Pacific (34%, USD 1.6 billion), Latin America and the Caribbean (22%, USD 997 million), and Eastern Europe (5%, USD 248 million).
• As of 31 December 2018, 40 projects are under implementation, representing 39% of total GCF funding (USD 1.8 billion). Total disbursements for 32 of these projects amount to USD 427 million, with 66% (USD 283 million) going to private sector projects.
• A significant portion of the portfolio (61%, or 53 projects) has not yet started implementation. The primary bottleneck is the finalization of Accreditation Master Agreements (AMAs); 20 projects (USD 1.2 billion) are specifically pending AMA effectiveness.

APA

Green Climate Fund (2019). Status of the GCF portfolio: approved projects and fulfilment of conditions. https://www.greenclimate.fund/sites/default/files/document/gcf-b22-inf07.pdf

Chicago

Green Climate Fund. Status of the GCF portfolio: approved projects and fulfilment of conditions. 2019. https://www.greenclimate.fund/sites/default/files/document/gcf-b22-inf07.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Status of the GCF portfolio: approved projects and fulfilment of conditions |date=1 February 2019 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-b22-inf07.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2019status, author = {{Green Climate Fund}}, title = {{Status of the GCF portfolio: approved projects and fulfilment of conditions}}, institution = {Green Climate Fund}, year = {2019}, month = feb, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-b22-inf07.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }