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Strengthening Rwanda's capacity to access GCF Funds through the assessment of readiness needs, updating country programme, capacitating national stakeholders and renewal of DAE accreditation
This proposal outlines a plan to enhance Rwanda's engagement with the Green Climate Fund (GCF) through four primary outcomes: strengthening the National Designated Authority's (NDA) coordination capacity, updating the country programming process, facilitating the renewal of the Ministry of Environment's accreditation, and developing a private sector mobilization strategy. The project, implemented by the Rwanda Environment Management Authority (REMA), aims to address gaps in institutional coordination, outdated strategic frameworks, and limited private sector participation in climate finance over an 18-month period starting in January 2021.
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Document type: Report
Independent Evaluation of the Green Climate Fund’s Environmental and Social Safeguards (ESS) and the Environmental and Social Management System (ESMS)
The GCF's interim ESS and ESMS are deemed 'not fit for purpose' as they rely on IFC standards that focus on risk mitigation ('do no harm') rather than the GCF's mandate to generate positive climate and social value ('do good'). The evaluation identifies critical gaps in human rights, gender equity, and stakeholder engagement. Operationally, the accreditation process is criticized as a 'desk review exercise' that fails to verify actual implementation capacity, particularly for direct access entities (DAEs). Monitoring is severely limited, relying on AE self-reporting via annual performance reports (APRs) without an operationalized monitoring and accountability framework (MAF). Additionally, the REDD+ pilot programme is found to be inconsistent with the Warsaw Framework for REDD+ due to additional safeguard requirements and a binary 'pass/fail' assessment approach.
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Document type: Report
Independent Evaluation of the Green Climate Fund’s Environmental And Social Safeguards (ESS) and the Environmental and Social Management System (ESMS)
The evaluation concludes that the GCF's interim ESS standards, based on IFC Performance Standards, are not fit-for-purpose as they focus on risk mitigation ('do no harm') rather than generating positive environmental and social outcomes ('do good'). Key gaps were identified in human rights, gender equity, and the monitoring of co-benefits. The report finds that the accreditation process is largely a desk review that fails to verify institutional capacity, and the Project Preparation Facility (PPF) suffers from excessive processing times. Monitoring is heavily reliant on AE self-reporting via Annual Performance Reports (APRs) due to the non-operationalization of the Monitoring and Accountability Framework (MAF). Additionally, the REDD+ pilot programme was found to be inconsistent with the Warsaw Framework for REDD+ (WFR) by imposing additional safeguard requirements and a binary pass/fail assessment.
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Document type: Report
Enhancing the Republic of Côte d’Ivoire’s Access to Climate Finance
The proposal requests USD 414,232 over 18 months to strengthen Côte d’Ivoire's capacity to access the Green Climate Fund (GCF). The project, implemented by the Global Green Growth Institute (GGGI), focuses on the accreditation of the Banque Nationale d'Investissement (BNI) as a direct access entity, the creation of a national climate finance strategy to mobilize private sector investment for mitigation, and the development of three project concept notes for GCF submission.
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Document type: Report
NDA Strengthening & Country Programming
The Kingdom of Tonga is seeking USD 500,000 from the Green Climate Fund to enhance its institutional capacity to manage climate finance. The proposal focuses on strengthening the National Designated Authority (NDA), prioritizing project pipelines under the Tonga Country Programme, and improving direct access to finance through the accreditation of the Ministry of Finance and National Planning (MoFNP). Key activities include developing a climate finance tracking mechanism, mainstreaming gender and vulnerable group needs into programming, and increasing private sector engagement to develop bankable project concepts.
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Document type: Report
Report of the twenty-third meeting of the Board, 6 – 8 July 2019
The GCF Board's 23rd meeting focused on operationalizing the fund's first formal replenishment (GCF-1) and improving governance. Key outcomes include the adoption of a new voting procedure to resolve deadlocks when consensus fails, the approval of a Policy on Ethics and Conflicts of Interest for Active Observers, and the adoption of a Policy on the Prevention and Protection from Sexual Exploitation, Sexual Abuse, and Sexual Harassment (SEAH). The Board also approved several funding proposals, including a high-leverage seawater pumped storage project in Chile and agricultural resilience projects in Bhutan, Pakistan, and Kenya. A Forward-Looking Performance Review (FPR) highlighted that while GCF has committed over USD 5.3 billion, it faces challenges with long disbursement times and a need for greater direct access for developing countries.
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Document type: Report
Consideration of accreditation proposals
The report details the GCF's accreditation pipeline, the status of existing accredited entities, and specific assessments for 17 applicants seeking accreditation or upgrades. It highlights the implementation of a prioritization approach to increase the diversity and coverage of direct access entities.
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Document type: Report
Report of the eighteenth meeting of the Board, 30 September – 2 October 2017
The GCF Board's 18th meeting in Cairo focused on operationalizing the fund's implementation phase. Key outcomes include the approval of multiple funding proposals across various regions, the accreditation of five new entities, and the adoption of a Simplified Approval Process (SAP) pilot for small-scale activities. The Board also approved a new Anti-Money Laundering and Countering the Financing of Terrorism Policy and a revised administrative budget and staffing target of 250 employees for 2018. However, consensus was not reached on a risk management framework or the selection process for a Permanent Trustee.
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Document type: Report
Report of the seventeenth meeting of the Board, 5 – 6 July 2017
The GCF Board's seventeenth meeting focused on enhancing the fund's operational framework, specifically through the adoption of a comprehensive Risk Management Framework (RMF) and an Operational Framework for complementarity and coherence with other climate funds. The Board accredited six new entities, including CDG Capital, IDCOL, SIDBI, MCT, BTMU, and JICA, while introducing new guidelines for country ownership. Significant discussions were held on the pilot programme for REDD-plus results-based payments and the analysis of barriers to private sector engagement. The Board also approved the 2016 audited financial statements and established performance criteria for the Executive Director.
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Document type: Report
Report on the activities of the Secretariat
The GCF Secretariat report for the period of 11 June to 8 September 2017 details progress across its operational divisions. Key achievements include the finalization of 33 Accreditation Master Agreements (AMAs) and 19 Funded Activity Agreements (FAAs), the approval of 123 readiness support requests for 88 countries totaling USD 39.5 million, and the launch of the 'GCF 101' online guide. The Secretariat also advanced its gender mainstreaming efforts, with 84% of approved funding proposals containing a gender assessment. Efforts to secure privileges and immunities continue, with 13 bilateral agreements signed to date. The report also outlines the development of a draft Indigenous Peoples Policy and the progress of the Private Sector Facility, which received approximately 350 concept notes for its 'Mobilizing Funds at Scale' request for proposals.
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Document type: Report
Entity Support
The proposal seeks funding to support the CSE in Senegal through a gap assessment and action plan to ensure compliance with Green Climate Fund (GCF) fiduciary standards, environmental and social safeguards, and gender policies. The total cost for these activities is USD 29,722, including project management and consultant site visits.
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Document type: Report
Report on the activities of the Secretariat
The GCF Secretariat reports progress across several operational areas, including the approval of USD 1.5 billion in funding and the signing of 19 accreditation master agreements. Key activities include the development of a gender and climate change training manual with UN Women, the processing of Project Preparation Facility (PPF) requests, and efforts to secure privileges and immunities (P&Is) through bilateral and multilateral agreements. The report also notes the recruitment of risk and monitoring specialists and ongoing engagement with UNFCCC thematic bodies.
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Document type: Report
Report of the fourteenth meeting of the Board, 12-14 October 2016
The GCF Board's fourteenth meeting resulted in the approval of 10 funding proposals totaling approximately USD 788 million and the accreditation of 8 new entities. Key outcomes include the appointment of Mr. Howard Bamsey as Executive Director, the adoption of a strategy for accreditation prioritization, and a performance review of the World Bank as Interim Trustee, which highlighted a challenge regarding direct cash transfers to non-accredited executing entities.
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Document type: Report
Report of the twelfth meeting of the Board, 8–10 March 2016
The GCF Board's twelfth meeting resulted in the endorsement of the initial Strategic Plan (2015-2018) and the accreditation of 13 entities, including HSBC and the African Development Bank. Key operational milestones included the adoption of a Comprehensive Information Disclosure Policy, the establishment of a Budget Committee, and the approval of a risk register. The Board also addressed resource mobilization, noting a USD 3 billion contribution arrangement from the United States and approving a budget increase for Secretariat staffing to approximately 100 members by the end of 2016. Additionally, the Board initiated the process for appointing a new Executive Director and approved a USD 1.5 million grant for project preparation in Rwanda.
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Document type: Report
Report on the activities of the Secretariat
The Green Climate Fund (GCF) Secretariat reports progress in its public and private sector pipelines, the simplification of funding proposal templates, and the expansion of readiness support to 45 countries. Key achievements include the signing of contribution agreements with five additional countries and the launch of a new website to enhance stakeholder engagement. The Secretariat also operationalized its accreditation framework, moving 11 applicants to stage II, and provided substantive support for the development of the GCF Strategic Plan.
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Document type: Report
Report of the Ninth Meeting of the Board, 24–26 March 2015
The Green Climate Fund (GCF) Board met in March 2015 to finalize key operational frameworks. The Board accredited seven entities, including the Asian Development Bank and UNDP, and adopted a Gender Policy and Action Plan (2015–2017). It established financial terms for grants and concessional loans, including a distinction between high and low concessionality for the public sector. The Board also approved the terms of reference for an independent Technical Advisory Panel and a Policy on Ethics and Conflicts of Interest. Discussions continued on the Private Sector Facility and the Initial Resource Mobilization process, with a target for 50% of Berlin pledges to be signed by April 30, 2015.
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Document type: Report
Report on Activities of the Secretariat
The GCF Secretariat report for mid-March to mid-June 2015 details progress in accreditation, readiness support, and the development of a project pipeline. It highlights the achievement of the Fund's effectiveness threshold with approximately US$ 5.47 billion in contributions and the review of 76 public sector concept notes requesting US$ 3.4 billion. The report also outlines the activities of the Private Sector Facility (PSF), including the review of 48 potential project ideas totaling US$ 3.1 billion, and the Secretariat's engagement with UNFCCC thematic bodies and other climate funds to ensure policy coherence.
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Document type: Report
Initial Monitoring and Accountability Framework for Accredited Entities (Progress Report)
The Green Climate Fund (GCF) is establishing a monitoring and accountability framework for its accredited entities (AEs). The framework focuses on two main pillars: monitoring compliance with fiduciary, environmental, social, and gender standards, and monitoring project implementation performance. Accreditation will be valid for a fixed term of five years or less, with a renewal process based on compliance and performance records. Monitoring includes annual AE self-assessments, mid-term Secretariat missions, and a second-level monitoring system using web-based tools. The framework introduces a 'watch list' for entities showing 'red lights' such as repeated reporting failures, with remedies ranging from readiness support to the potential withdrawal of accreditation. Local monitoring will be supported by National Designated Authorities (NDAs), local agents, and civil society organizations.
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Document type: Report
Progress Report on the Readiness and Preparatory Support Programme
The Green Climate Fund (GCF) reports progress on its Readiness and Preparatory Support Programme, which aims to assist developing countries in accessing Fund resources. Between 28 April and 18 June 2015, the total number of nominated national designated authorities (NDAs) or focal points rose to 127, and the total number of readiness requests reached 74. The Secretariat finalized grant agreements totaling US$ 1.9 million for seven countries: Comoros, Dominican Republic, Ethiopia, Federated States of Micronesia, Rwanda, Thailand, and Togo. The programme operates across five activity areas, including NDA strengthening, strategic framework development, accreditation support, project pipeline creation, and information sharing. Capacity-building efforts include regional workshops in El Salvador and South Korea, with future events planned for Fiji and Egypt, as well as headquarters visits for delegations from Mongolia and Fiji. The GCF is also coordinating with partners such as UNDP, UNEP, and the African Development Bank to ensure complementarity in readiness support.
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Document type: Report
Revised Report on Readiness and Preparatory Support Programme
The GCF readiness programme aims to empower developing countries to access climate finance through five activity areas: strengthening National Designated Authorities (NDAs), developing strategic frameworks, supporting accreditation of implementing entities, building project pipelines, and information sharing. As of April 2015, 70 countries expressed interest, with over 120 NDAs nominated. The Fund provides up to US$ 1 million per country annually, with a minimum of 50% allocated to particularly vulnerable nations. The Secretariat has standardized work packages for NDA strengthening and strategic frameworks, each budgeted up to US$ 150,000, and is coordinating with partners like UNDP, GIZ, and the African Development Bank to avoid duplication of efforts.
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Document type: Report