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Independent evaluation of the relevance and effectiveness of the GCF’s investments in the African States
The GCF has become the largest multilateral climate finance contributor to African states, but its portfolio is heavily weighted toward mitigation (59%) over adaptation (41%), despite urgent regional needs. While the fund has successfully leveraged co-financing, particularly from Multilateral Development Banks, it faces significant efficiency challenges, including cumbersome accreditation and approval processes, language barriers for non-Anglophone states, and a paucity of Direct Access Entities (DAEs). The report recommends a strategic shift toward adaptation, streamlining access for Least Developed Countries (LDCs) and Fragile, Conflict and Violence (FCV) states, and increasing regional presence in Africa.
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Document type: Report