Search Climate Insights Directory
1 result
Status of the implementation and resources of the Project Preparation Facility
The Project Preparation Facility (PPF) has disbursed and committed USD 32.8 million (82% of its USD 40 million allocation) to support the development of climate funding proposals. To date, PPF support has enabled 11 approved funding proposals totaling nearly USD 3.0 billion in investment. The Secretariat has reduced processing times by 84% through streamlined approvals and introduced simplified funding and service modalities to better support direct access entities (DAEs). To cover a pipeline of 28 active requests and anticipated new needs, the document requests an additional USD 18.0 million for the remainder of GCF-1.
AI-generated
This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Report