2 Messages for the Green Climate Fund on Supporting “Readiness”

WRI urges the Green Climate Fund to adopt a holistic and flexible approach to 'readiness' support. While acknowledging the GCF's initial $30 million focus on helping countries access the fund, WRI argues that long-term transformation requires addressing broader systemic barriers, such as policy development and financial capacity, and utilizing a diverse range of national and international institutions for implementation.

• Developing countries face systemic readiness challenges that hinder their ability to mobilize large-scale climate funding. These include difficulties in coordinating diverse actors, creating policies that incentivize climate-friendly investment, training personnel across government and private sectors, tracking climate fund flows, and improving financial management to meet international accountability standards.
• The Green Climate Fund (GCF) has allocated an initial $30 million for readiness and is expected to focus its program on four specific activities to help countries access the Fund: aligning support with national strategic priorities, identifying a national coordinating agency, preparing institutions to meet financial and safeguard requirements for direct access, and accelerating the development of project proposals.
• WRI argues that while a narrow focus on fund access is practical for immediate needs, the GCF must also address broader readiness goals through its main funding windows to be truly transformational. This includes funding for national climate laws, enhancing the capacity of local banks and small businesses to finance clean energy, and conducting public awareness campaigns on energy efficiency.
• WRI recommends that the GCF maintain flexibility regarding the institutions used to channel readiness funds before the formal accreditation process is fully operational. This includes utilizing non-accredited national institutions with relevant expertise and coordinating with existing national and international programs to avoid duplication of effort.

APA

World Resources Institute (2014). 2 Messages for the Green Climate Fund on Supporting “Readiness”. https://www.wri.org/insights/2-messages-green-climate-fund-supporting-readiness

Chicago

World Resources Institute. 2 Messages for the Green Climate Fund on Supporting “Readiness”. 2014. https://www.wri.org/insights/2-messages-green-climate-fund-supporting-readiness.

Wikipedia

{{cite report |author=World Resources Institute |title=2 Messages for the Green Climate Fund on Supporting “Readiness” |date=13 February 2014 |url=https://www.wri.org/insights/2-messages-green-climate-fund-supporting-readiness |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2014messages, author = {{World Resources Institute}}, title = {{2 Messages for the Green Climate Fund on Supporting “Readiness”}}, institution = {World Resources Institute}, year = {2014}, month = feb, url = {https://www.wri.org/insights/2-messages-green-climate-fund-supporting-readiness}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }