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Green Climate Fund

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Green Climate Fund

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Amazon
Area: 5888268 km2
Countries:
Brazil; Peru; Suriname; France; Colombia; Guyana; Bolivia; Venezuela; Ecuador
Cities:
Santa Cruz; Manaus; La Paz
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Organization Overview

Overview

There is a shrinking window of opportunity to address the climate crisis. Average global temperature is currently estimated to be 1.1°C above pre-industrial times. Based on existing trends, the world could cross the 1.5°C threshold within the next two decades and 2°C threshold early during the second half of the century. Limiting global warming to 1.5°C is still narrowly possible and will be determined by the investment decisions we make over the next decade. The Gr…

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Overview

There is a shrinking window of opportunity to address the climate crisis. Average global temperature is currently estimated to be 1.1°C above pre-industrial times. Based on existing trends, the world could cross the 1.5°C threshold within the next two decades and 2°C threshold early during the second half of the century. Limiting global warming to 1.5°C is still narrowly possible and will be determined by the investment decisions we make over the next decade. The Green Climate Fund (GCF) – a critical element of the historic Paris Agreement - is the world’s largest climate fund, mandated to support developing countries raise and realize their Nationally Determined Contributions (NDC) ambitions towards low-emissions, climate-resilient pathways.

Our transformative approach

We achieve our goal by investing across four transitions – built environment; energy & industry; human security, livelihoods and wellbeing; and land-use, forests and ecosystems – and employing a four-pronged approach:

  1. Transformational planning and programming: by promoting integrated strategies, planning and policymaking to maximise the co-benefits between mitigation, adaptation and sustainable development.
  2. Catalysing climate innovation: by investing in new technologies, business models, and practices to establish a proof of concept.
  3. De-risking investment to mobilize finance at scale: by using scarce public resources to improve the risk-reward profile of low emission climate resilient investment and crowd-in private finance, notably for adaptation, nature-based solutions, least developed countries (LDCs) and small island developing states (SIDS).
  4. Mainstreaming climate risks and opportunities into investment decision-making to align finance with sustainable development: by promoting methodologies, standards and practices that foster new norms and values.

Climate change offers businesses an unprecedented chance to capitalise on new growth and investment opportunities that can protect the planet as well. GCF employs part of its funds to help mobilise financial flows from the private sector to compelling and profitable climate-smart investment opportunities.

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The semi-arid region of Northeast Brazil has been experiencing periodic droughts and chronic water scarcity. The overall drought frequency, intensity and severity have increased over the past 36 years. The region is projected to experience a further temperature increase of … Learn More

Armenia is one of the most vulnerable countries to climate change in the Eastern Europe and Central Asia region. Its forests are highly sensitive to climate change, while its rural population is dependent on fuelwood to meet their energy demands. … Learn More

Protecting and restoring the natural ecosystems of IndiaÕs coastal zone to strengthen the climate resilience of coastal communities. IndiaÕs coastline is expected to be among the most affected by climate change. Climate change impacts such as extreme weather events and … Learn More

MexicoÕs mountain ranges, valleys and coastal plains form a set of 757 watersheds. Increased vulnerability to landslides, floods and droughts have been forecast as a direct result of extreme precipitation in the two drainage basins targeted in this project. In … Learn More

Improving the provision of water services by increasing the climate resilience of vulnerable coniferous forests Honduras ranks first on a list of the countries most affected by negative impacts from extreme climate-related events over the last two decades. This project … Learn More

Intermediation 2 Supporting the transition to low emission, climate resilient agriculture in Guatemala and Mexico through the creation of a risk sharing facility to unlock innovative and scalable financial instruments for MSMEs. In Latin America, the combined effects of climate … Learn More

Enabling access to long-term, affordable finance for solar rooftop installation projects in commercial, industrial and residential housing sectors in India, including vulnerable communities. India is the world's fourth largest carbon emitter, responsible for 6 per cent of global greenhouse gas … Learn More

The GCF-DBSA Embedded Generation Investment Programme (ÒEGIPÓ) will support the implementation of renewable energy projects with a capacity of 330 MW, which is comprised of 280 MW Solar PV and 50 MW Wind. Learn More

Reducing or avoiding climate change impacts through ecosystem-based adaptation for vulnerable coastal populations. The western Indian Ocean region is undergoing rapid climate change. Mozambique was hit by two major cyclones in 2019, while the other regional countries are facing similarly … Learn More

Enhancing the resilience of vulnerable communities in Odisha through groundwater recharge and solar micro irrigation. The Indian state of Odisha is highly vulnerable to climate change due to high monsoon variability. This has caused drought and flood affecting the food … Learn More

Developing a low-carbon water management scheme and increasing water availability for sustainable agriculture. The water level of the coastal aquifer in Gaza, the regionÕs only freshwater resource, is declining rapidly, resulting in the intrusion of seawater. Agricultural inefficiencies lead to … Learn More

Over the past century, IndiaÕs average temperature has increased by around 0.7¡C, largely due to climate change. By the end of the twenty-first century, temperatures are projected to rise by approximately 2.4¡C to 4.7¡C Ð setting a major challenge for … Learn More

19 October 2018, Comoros Ð In small island developing state like Comoros, water is life. With a new US$41.9 million grant from the Green Climate Fund (GCF), the Government of Comoros in partnership with the United Nations Development Programme (UNDP) … Learn More

Catalysing private finance to maximize mitigation and adaptation impacts. Among ChinaÕs provinces, Shandong has the highest energy consumption and is one of the most carbon-intensive - driven by its high use of coal as an energy source for its large … Learn More

The goal of the Sub-national Climate Fund Global (SnCF Global or the ÒFundÓ) is to catalyze long-term climate investment at the sub-national level for mitigation and adaptation solutions through a transformative financing model. The SnCF GlobalÕs business model is designed … Learn More

Providing loans and technical assistance in 17 developing countries across Africa and Latin America and the Caribbean to create self-sustaining markets in energy efficiency, renewable energy and climate resilience. Learn More

Addressing critical market barriers in accelerating private sector climate investments to help four southern African nations achieve their Nationally Determined Contributions (NDCs). The southern African region faces significant climate mitigation and adaptation challenges, including high vulnerability to extreme climate and … Learn More

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Leonardo Rodriguez
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