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Green Climate Fund (GCF) - Readiness Programme

The Green Climate Fund (GCF) Readiness Program provides resources for strengthening the institutional capacities of National Designated Authorities (NDAs) or focal points and Direct Access Entities to efficiently engage with the Fund. Resources may be provided in the form of grants up to USD 1 million per country per year or technical assistance.

The Readiness Program is a component of the larger GCF, which 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 of the Financial Mechanism of the Paris Agreement.

Purpose of support

Scoping and project preparation

Creating enabling environments and building institutional capacity

Complying with reporting requirements

Eligible countries and regions

Developing country Parties to the UNFCCC. The Fund aims for a floor of 50 percent of the readiness support allocation to particularly vulnerable countries, including Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.

Eligibility criteria

Funding support can be used to formulate adaptation plans, strengthen institutional capacity of NDAs/Focal Points, enhance the ability of an entity to seek accreditation with the Fund, including for the fast-track accreditation process (pre-accreditation support), and develop strategic frameworks and country programmes that set out national priorities and project pipelines. More information here. Review criteria for adaptation planning oriented Readiness proposals are detailed in the GCF Readiness Guidebook.

Financial instruments

Grants, In-kind contributions

Decision-making information

The Board is the governing body of the GCF. It comprises 24 board members, made up of equal numbers of developed and developing country representatives. For developing country representatives, three members come from each of the Asia-Pacific, African and Latin America and Caribbean UN regional groups, one member each from an LDC and SIDS, and one additional member from a developing country Party outside the aforementioned regional groups and constituencies. The Board usually meets three times a year, and decisions are made by consensus. The GCF has a gender and social inclusion policy within their operational framework.

The Secretariat is responsible for executing the day-to-day operations of the Fund. It services and is accountable to the Board. The GCF Secretariat is headquartered in Songdo, Republic of Korea.

National Designated Authorities/Focal Points are the government entities that coordinate activities related to the GCF in each country. Find the list here.

Accredited Entities: the Green Climate Fund works through a wide range of Accredited Entities to channel its resources to projects and programs. To become an Accredited Entity, institutions have to meet several requirements (more information in the section “Process to secure funding/financial support”).

Trustee: World Bank.

Monitoring and reporting procedures

The proposal will specify project monitoring arrangements which should include local monitoring. Each grant usually requires one interim progress report, one unaudited financial statement, one completion report, and one audited financial statement. However, the detailed requirements of each grant depend on the financial management capacity assessment results of the delivery partner. All approved proposals and signed grant agreements are open to public on the GCF website (Online library). The Secretariat is discussing ways to disclose other documents received through this support.

Steps to access

Scoping of activities

Request support

Review the request

Implementation

Climate objective

Adaptation, Mitigation, Cross-cutting

Sectors and themes

Agriculture, Ecosystem adaptation, Energy efficiency, Forestry and Land-Use, Industry and Infrastructure, Renewable Energy, Rural, Transportation, Urban, Waste management, Oceans and Coastal Resources, Disaster risk reduction, Health, Gender, Jobs and Livelihoods, Poverty, 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, Private sector, Non-profit or civil society organization, Community-level organization, International organization, Other

Fund size

Adaptation Fund cumulative pledged funding: USD 10.3 billion (as of September 2016). Initial resource mobilization period lasts from 2015 to 2018. The Readiness Programme was initially set up with USD 15 million.

Co-financing required

Application timeframe

For adaptation planning oriented proposals, proposals can be submitted at any time.

For Readiness proposals that are not Adaptation Planning support, the Fund has 3 deadlines as follows:

28 February 2018
31 May 2018
30 September 2018, to be considered for 2018 allocation

The Fund will announce the 2019 deadlines for Readiness proposals beyond adaptation planning once it is decided.

Trustee or administrator

World Bank

Contact information

https://www.greenclimate.fund

info@gcfund.org

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Green Climate Fund (GCF) - Readiness Programme