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Nov. 7, 2018

The 21st meeting of the Board of the Green Climate Fund (GCF) took place in Manama, Kingdom of Bahrain, from 17 – 20 October 2018. At that meeting, the Board approved 19 new projects and programmes with a total investment from GCF of USD 1.04 billion that will support over USD 4 billion climate mitigation and/or adaptation action in over 50 countries. With the approvals at the 21st meeting, the Fund has now approved 93 projects and programmes with a total GCF funding amount of USD 4.6 billion. GCF has approved 42 new projects in 2018, mobilising a total of USD 8.06 billion in climate financing since the start of the year (including co-financing). During 2018 it has also made a rapid acceleration in implementation on the ground. GCF now has 39 projects under implementation, worth USD 1.60 billion in GCF resources that are being deployed as climate finance in support of developing countries’ climate ambitions under the Paris Agreement.

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May 31, 2018

The Governing Instrument for the Green Climate Fund was approved by the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) at its seventeenth session on 11 December 2011 in Durban, South Africa, and is annexed to decision 3/CP.17 presented in UNFCCC document FCCC/CP/2011/9/Add.1 (see: http:// unfccc.int/resource/docs/2011/cop17/eng/09a01.pdf).

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May 31, 2018

In this publication, “United Nations Climate Change” and “UN Climate Change” refer collectively to the United Nations Framework Convention on Climate Change (UNFCCC or Convention), the Kyoto Protocol and the Paris Agreement, and their bodies, institutional arrangements and organs, including the secretariat.

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Jan. 18, 2018

GCF insight seeks to understand what’s working – and what’s not working – in Green Climate Fund (GCF) project development. The surveys and reports spotlight the most topical GCF issues. This fifth edition explores challenges associated with co-financing of GCF projects.

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Nov. 15, 2017

A toolkit for understanding the Green Climate Fund. The Green Climate Fund is the main public fund that helps developing countries tackle climate change, however, its application procedures are complicated. We have developed a toolkit to help project developers understand the requirements for designing and submitting a funding proposal. It aims to make the fund’s requirements and terminology more user-friendly for non-experts. The toolkit covers all the steps, from the preparation of a concept note to a full proposal and explains how to access support for project preparation.

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Nov. 12, 2017

Since 2008, USD 4 billion has been pledged to five multilateral climate funds that support efforts to reduce emissions from deforestation and degradation plus conservation (REDD+). Despite strong interest in the potential to harness market based mechanisms to support REDD+ programmes, the future of such mechanisms remains highly uncertain. The last year has seen few approvals for REDD+, although there has been some progress in disbursement. While since 2008, USD 2 billion has been approved for REDD+ activities just USD 17 million has been approved in the last 12 months. Norway is the largest contributor of REDD+ finance, followed by the UK, Germany and the United States. There have been some significant changes in the REDD+ finance architecture and increasing efforts to support developing countries’ move beyond readiness and capacity building to demonstration programmes and emission reductions with payments based on verified results.

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