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Consideration of funding proposals – Addendum II Funding proposal package for FP207
The 'Recharge Pakistan' project aims to shift Pakistan's flood and water management from a reactive, grey-infrastructure-based approach to a proactive, nature-based strategy. Implementing interventions across four sites in the Indus Basin, the project focuses on restoring degraded watersheds, establishing green infrastructure like recharge basins, and updating national and provincial water policies. It also targets the resilience of smallholder farmers through climate-smart agriculture and supports the development of sustainable, climate-resilient businesses. The project is managed by WWF-US as the Accredited Entity and WWF-Pakistan as the Executing Entity, with a total budget of approximately 77.8 million USD.
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Document type: Report
Funding proposal package for FP206
The RHL project targets 362,475 direct beneficiaries in the coastal districts of Satkhira, Khulna, Bagerhat, Barguna, Patuakhali, Bhola, and Cox’s Bazar. It focuses on three primary outcomes: reducing asset and life loss through the construction of 3,000 climate-resilient houses with raised plinths; enhancing livelihood resilience by promoting salinity-tolerant vegetable cultivation, goat/sheep rearing in slatted houses, and the establishment of a sustainable, hatchery-based crab supply chain; and improving local climate planning through the formation of 3,200 Climate Change Adaptation Groups (CCAGs). The project is implemented by the Palli Karma-Sahayak Foundation (PKSF) as both the Accredited Entity and Executing Entity, utilizing a blend of GCF grants and PKSF loans.
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Document type: Report
Consideration of funding proposals – Addendum VI Funding proposal package for FP211
The "Hardest-to-Reach" (H2R) programme aims to provide clean, climate-resilient off-grid solar (OGS) energy to 72.4 million people across 16 sub-Saharan African countries. The initiative utilizes a two-pronged financing approach: a $50 million grant-funded Market Support Facility (MSF) to support market entry and capacity building for new players, and a $200 million blended finance Market Expansion Facility (MEF) providing impact-linked loans to scale existing OGS companies. The programme targets a mitigation outcome of 5.1 million tCO2eq avoided and an adaptation outcome of 54.3 million first-time energy access beneficiaries. It emphasizes gender inclusivity, targeting 32% female customers and creating approximately 13,922 green jobs, including 4,641 for women.
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Document type: Report
Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL) Cambodia
The PEARL project seeks USD 36.23 million from the Green Climate Fund to support 450,000 farmers in Cambodia's Northern Tonle Sap Basin. The initiative focuses on transitioning smallholders to high-value, climate-resilient crops—specifically cashew, mango, organic rice, and leafy vegetables—by improving agrometeorological services, providing access to technology via a new asset acquisition mechanism (FARM), and strengthening regulatory frameworks for agricultural certification.
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Document type: Report
FP200: Scaling up the implementation of the Lao PDR Emission Reductions Programme through improved governance and sustainable forest landscape management (Project 2)
The project aims to reduce GHG emissions by 4.6 million tCO2eq over four years and increase the resilience of 273,700 direct beneficiaries and 2.1 million hectares of ecosystems in Northern Lao PDR. It focuses on three components: strengthening the enabling environment for REDD+ through climate-informed land use planning and sustainable finance; promoting deforestation-free agricultural practices and supporting agri-MSMEs via matching grants; and implementing sustainable forest landscape management and restoration in village and conservation forests.
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Document type: Report
Upscaling Ecosystem Based Climate Resilience of Vulnerable Rural Communities in the Valles Macro-region of the Plurinational State of Bolivia (RECEM-Valles)
The RECEM-Valles project is a 10-year climate adaptation initiative in Bolivia's Valles Macro-region, requesting USD 33.3 million from the GCF and USD 30 million in co-financing. It aims to benefit 81,551 direct households by transitioning from conventional agriculture to resilient agroecological systems. The project focuses on four components: implementing climate-resilient technologies (such as solar tents and anti-hail nets), modernizing on-farm irrigation to combat drought, restoring 17,510 hectares of micro-watersheds, and strengthening local governance and financial access through innovative insurance and credit products. The project is designed to align with Bolivia's Nationally Determined Contributions (NDC) and the Joint Mitigation and Adaptation Mechanism (JMAM).
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Document type: Report
Heritage Colombia (HECO): Maximizing the Contributions of Sustainably Managed Landscapes in Colombia for Achievement of Climate Goals Colombia
The Heritage Colombia (HECO) project is a 10-year initiative designed to protect and restore landscapes in Colombia through a Project Finance for Permanence (PFP) model. It targets five mosaics—Caribbean, San Lucas, Central Andes, Orinoco Transition, and Heart of the Amazon—covering 6.6 million hectares. The project focuses on strengthening governance, establishing participatory climate monitoring systems, and implementing land restoration and rehabilitation to reduce GHG emissions and improve water regulation. It requests USD 43 million from the GCF, complemented by USD 102.2 million in co-financing from the Government of Colombia and WWF. Key goals include the gazettement of the San Lucas Mountains protected area and the expansion of the Sierra Nevada de Santa Marta National Park.
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Document type: Report
Sustainable Renewables Risk Mitigation Initiative (SRMI) Facility (Phase 2 Resilience focus) [SRMI-Resilience]
The SRMI-Resilience program aims to deploy 2.16 GW of renewable energy and reduce GHG emissions by 55.01 million tons of CO2eq across Ethiopia, Guinea Bissau, Indonesia, Kyrgyzstan, Mongolia, Seychelles, Somalia, Tajikistan, and Tunisia. The initiative combines technical assistance, public investments in grid resilience, and risk mitigation instruments to unlock an estimated USD 1.8 billion in private investment. Key adaptation goals include providing 3.2 million people with electricity to power cooling systems during heat waves and upgrading grid infrastructure to withstand climate hazards like floods and cyclones.
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Document type: Report
Readiness Support for the Implementation of the IRMF for Small Industries Development Bank of India (SIDBI)
The Small Industries Development Bank of India (SIDBI) is seeking USD 199,973 from the Green Climate Fund (GCF) to enhance its capacity to comply with the new Integrated Results Management Framework (IRMF). The proposal identifies gaps in SIDBI's ability to design 'paradigm-shift' projects and manage the complex monitoring and reporting requirements of the IRMF. The requested funding will support a 12-month program involving capacity needs assessments, the development of training materials, and the delivery of 10 training sessions for approximately 150 participants, including SIDBI staff, executing entities, and civil society organizations. The goal is to improve the quality of funding proposals and the effectiveness of monitoring and evaluation for a pipeline of climate-focused projects targeting India's MSME sector.
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Document type: Report
Consideration of funding proposals – Addendum VII Funding proposal package for FP197
The Green Guarantee Company (GGC), managed by the Development Guarantee Group (DGG) and accredited by MUFG Bank, Ltd., seeks USD 82.5 million in equity from the Green Climate Fund (GCF) to create a guarantee vehicle. GGC aims to leverage its capital 10x to provide up to USD 4 billion in guarantees for green bonds and loans in developing countries, specifically targeting those with sub-investment grade ratings to attract global institutional investors. The programme focuses on five GCF result areas: energy generation and access, low-emission transport, buildings/cities/industries/appliances, health/food/water security, and infrastructure/built environment. It targets a mitigation impact of 74.6 million tCO2e and reaches approximately 36.9 million beneficiaries over a 20-year lifespan. The proposal includes a detailed Transaction Selection Process (TSP) to ensure climate impact and a comprehensive Gender Action Plan to promote equality and women's empowerment in the supported projects.
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Document type: Report
Consideration of funding proposals – Addendum I Funding proposal package for FP191
The project, 'Enhancing Adaptation and Community Resilience by Improving Water Security in Vanuatu,' is a climate adaptation investment requesting USD 23.3 million in GCF grants. It targets 85,650 direct beneficiaries across 750 communities. The initiative focuses on three outcomes: empowering communities to plan climate-resilient water resources through updated Drinking Water Safety and Security Planning (DWSSP), constructing and upgrading climate-resilient rural water infrastructure via the Capital Assistance Programme (CAP), and strengthening provincial and national institutions. The project addresses risks such as increased temperatures, extreme precipitation, and sea-level rise, which threaten water quality and availability. It specifically emphasizes gender equality by mandating 40% female representation in Rural Water Committees (RWCs) and designing infrastructure to meet the specific needs of women, children, and the elderly.
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Document type: Report
Ouémé Basin Climate-Resilience Initiative (OCRI) Benin
The Ouémé Basin Climate-Resilience Initiative (OCRI) is a six-year project in Benin designed to reduce climate vulnerability for 330,000 direct beneficiaries and 6 million indirect beneficiaries. The initiative focuses on the Upper and Middle Ouémé Basin, implementing a mix of hard infrastructure (micro-dams, water harvesting) and soft measures (climate-resilient agriculture, agroforestry) across 95,000 hectares. It targets key value chains including maize, cashew, shea, and mango to diversify income and reduce poverty. The project also establishes a multi-stakeholder platform to institutionalize integrated basin management and strengthens the financial capacity of the Fonds National pour l’Environnement (FNEC) to provide long-term climate finance.
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Document type: Report
E-Mobility Program for Sustainable Cities in Latin America and the Caribbean Multiple Countries
The E-Mobility Program for Sustainable Cities in Latin America and the Caribbean is a 450 million USD initiative (200 million USD from GCF) designed to accelerate the transition to commercial electric vehicles (EVs) and enhance the climate resilience of urban transport systems. The program focuses on high-utilization commercial vehicles, including buses, taxis, trucks, and vessels, while excluding private passenger cars. It integrates EV deployment with sustainable urban mobility measures, such as cycle lanes and pedestrianization, and explores advanced technologies like green hydrogen and vehicle-to-grid (V2G) systems to improve grid stability. The program targets nine countries: Barbados, Chile, Colombia, Costa Rica, Dominican Republic, Jamaica, Panama, Paraguay, and Uruguay. Key goals include reducing GHG emissions by 7.55 million tCO2e and benefiting approximately 8.9 million people through adaptation measures.
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Document type: Report
Strengthening science-based and climate-informed decisionmaking processes in Mauritius climate-sensitive sectors for impactful and cost-effective climate change programming
The document outlines a 24-month readiness project for Mauritius, implemented by the Organisation of African, Caribbean and Pacific States (OACPS). It aims to bridge the 'usability gap' where national experts struggle to translate scientific evidence into actionable climate interventions. The project focuses on creating a functional climate service network, developing data collection tools, and training stakeholders to integrate climate science into sectoral policies and GCF funding applications. Key target sectors include agriculture, water resources, and coastal zones. The proposal also emphasizes gender mainstreaming, aiming for 50% female representation in working groups and training, and includes a regional exchange visit to the Secretariat of the Pacific Regional Environment Programme (SPREP) in Samoa.
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Document type: Report
Consideration of funding proposals - Addendum II Funding proposal package for FP185
The 'Climate Change: The New Evolutionary Challenge for the Galapagos' programme seeks USD 65.27 million from the Green Climate Fund (GCF) to implement a comprehensive transition to a low-carbon economy in Ecuador's Galapagos Islands. The initiative focuses on three main components: changing the energy matrix through a centralized 14.8 MWp solar plant (Conolophus project) and distributed renewable energy; building climate resilience in food systems and ecosystems (including coral reef and Scalesia forest restoration); and establishing sustainability mechanisms such as ecotourism certification and climate-responsive planning. The programme targets 33,000 residents and over 100,000 annual tourists, aiming to reduce 584,169 tCO2eq over 25 years and enhance resilience across 19,000 hectares of agricultural land and 138,000 km2 of marine ecosystems.
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Document type: Report
Consideration of funding proposals – Addendum III Funding proposal package for FP186
The India E-Mobility Financing Program, submitted by Macquarie Alternative Assets Management Limited (MAAML), proposes a financing platform to decarbonize India's road transport sector. Requesting USD 200 million in equity from the Green Climate Fund (GCF) as first-loss capital, the program aims to mobilize a total of USD 2.1 billion, including USD 205 million from commercial investors and approximately USD 1.1 billion from debt markets. The platform will provide innovative financial solutions, such as operating and finance leases, targeting e-buses, shared four-wheeler fleets, and charging infrastructure to reduce high upfront costs and residual value risks. The program targets a lifetime reduction of 9.5 MtCO2e and the deployment of 115,000 new EVs and 10,500 charging stations. It includes comprehensive environmental, social, and gender action plans to ensure inclusive growth and safety in the transport sector.
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Document type: Report
Consideration of funding proposals – Addendum IV Funding proposal package for SAP024
The Pakistan Distributed Solar Project (PDSP), submitted by JS Bank, aims to increase the adoption of distributed solar PV systems in Pakistan. The project requests USD 10 million from the Green Climate Fund (GCF), consisting of a USD 9 million Pro-Rata Risk Sharing Guarantee and a USD 1 million grant for awareness and capacity building. The project targets the installation of approximately 43.15 MW of solar capacity for 4,000 customers across residential, agricultural, and SME sectors over 10 years. It specifically focuses on reducing collateral requirements and improving financial access for women entrepreneurs and women-led households. The project expects to reduce GHG emissions by 848,700 tCO2eq over a 34-year lifespan.
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Document type: Report
Republic of Nauru National Adaptation Planning – Phase One
The Republic of Nauru is seeking USD 1,304,546.00 from the Green Climate Fund to implement Phase One of its National Adaptation Planning. This 18-month project focuses on strengthening governance, updating climate projections, and developing a robust evidence base to inform the updated Republic of Nauru Climate Change Adaptation and Disaster Risk Management Framework (RONAdapt). Key activities include establishing a Climate Change Adaptation Technical Working Group, conducting private sector risk assessments, and creating a centralised climate information database. The project addresses critical vulnerabilities including sea-level rise, extreme heat, and the legacy of phosphate mining, which acts as a 'threat multiplier' for climate risks.
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Document type: Report
Consideration of funding proposals – Addendum XII Funding proposal package for FP180
The GFCR Investment Window is a proposed $500 million fund, with $125 million requested from the Green Climate Fund (GCF) as a first-loss equity position. Managed by Pegasus Capital Advisors, the fund targets 'climate refugia'—reefs most likely to survive warming oceans—by investing in sustainable ocean production, ecotourism, and sustainable infrastructure to reduce local stressors. The program aims to protect 29,000 hectares of reef, create over 12,700 direct jobs, and benefit over 35 million people indirectly. It utilizes a dual-window model, pairing the Investment Window with a Grant Window to provide technical assistance and pipeline incubation.
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Document type: Report
Consideration of funding proposals - Addendum VI Funding proposal package for FP174
The programme targets seven catchments across Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, and the Dominican Republic to combat droughts and extreme rainfall. It employs a blended finance model consisting of a US$28 million grant facility for vulnerable communities, a US$102.8 million lending facility for EbA investments, and a US$30 million guarantee facility to de-risk lending for partner financial institutions. Key activities include reforestation, agroforestry, the installation of rainwater harvesting systems, and the establishment of a regional knowledge hub to mainstream EbA into national policies. The programme aims to directly benefit approximately 1.08 million people.
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Document type: Report