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.
NDA/Focal Point and/or Direct Access Accredited Entities must identify and prioritize activities based on the GCF’s eligibility criteria for this funding envelop.
The NDA/Focal Point must decide what entity will manage the funding. Options include the NDA/Focal Point itself, a Direct Access Accredited Entity or a Delivery Partner ((any entity that is designated to manage the funds).
A selected delivery partner that is not accredited to the GCF must also submit the Financial Management Capacity Assessment.
If no further questions or documentation is necessary, the Secretariat can approve the request.
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.
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.