Green Climate Fund (GCF) - Project Preparation Facility

The Green Climate Fund (GCF) was set up in 2010 and aims to promote the paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change, taking into account the needs of those developing countries particularly vulnerable to the adverse effects of climate change. The GCF is an operating entity of the Financial Mechanism of the UNFCCC and the Paris Agreement.

Both the Readiness Programme and the Project Preparation Facility (PPF) support National Designated Authorities (NDAs) and Accredited Entities (AEs) in ensuring a strong pipeline of Funding Proposals with the GCF. However, the PPF differs in its objective to prepare funding proposals for submission and its support in the design of funding proposals only to access GCF resources. Additionally, the PPF is only accessible to AEs for targeted technical support and requires that proposals be presented and implemented by the AE alone, with a Letter of No-Objection from the NDA. Support of USD 1.5 million per request can be granted.

Purpose of support 
Scoping and project preparation
Steps to access  

The PPF application must include a clear paragraph explaining how the underlying project fits in with the country’s national priorities and ensures full country ownership. It is therefore highly recommended that the accredited entities consult with the respective national designated authority (NDA) or focal point on the project or programme concept at an early stage.

1
Know what activities are eligible for project preparation support
2
Become an accredited entity
3
Develop a project preparation proposal
Climate objective 
Adaptation, Mitigation, Cross-cutting
Sectors and themes 
Agriculture, Disaster risk reduction, Ecosystem adaptation, Education, Energy efficiency, Gender, Health, Industry and Infrastructure, Jobs and Livelihoods, Oceans and Coastal Resources, Poverty, Renewable Energy, Transportation, Water
Type of support provider 
Multilateral
Type of recipient 
Public entity at the national level, Public entity at the sub-national level, Public entity at the regional level, International organization, Private sector
Fund size 

Cumulative pledged funding to the GCF: USD 10.3 billion (as of December 2018). Initial resource mobilization period lasts from 2015 to 2018. Project Preparation Facility funding: USD 40 million.

Co-financing required 
No
Application timeframe 

On a rolling basis.

Trustee or administrator 
World Bank
Contact information 
https://www.greenclimate.fund
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