The Green Climate Fund’s financing is part of an overall $900 million budget whose objective is to scale up the roll-out of mini-grids, solar home systems, and commercial and industrial solar solutions in the program countries. The Green Climate Fund (GCF) on Wednesday announced that it has approved $170.9 million (N70.69 billion) in co-financing for […]
Green Climate Fund Accredits Morocco’s Agency For Sustainable Energy
Rabat : The Green Climate Fund (GCF) accredited Morocco’s Agency for Sustainable Energy (MASEN) in a virtual conference on July 1. The GCF, established by the United Nations Framework Convention on Climate Change (UNFCCC), “aims to support a paradigm shift in the global response to climate change,” according to the UN’s environment programme’s website. The […]
Why the Green Climate Fund Should Give Developing Countries Greater Direct Access to Finance
At its latest board meeting in March 2021, the Green Climate Fund (GCF) approved $1.2 billion in funding for 15 climate change projects in developing countries. However, funding for only two of these projects, or 1.5% of the total amount, went directly to developing country institutions. The GCF, one of the financial mechanisms the Paris […]
The Green Climate Fund approves the first JICA proposed-project
The Green Climate Fund approves the first JICA proposed-project: To reduce CO2 emissions through forest conservation and enhance community climate resilience in Timor-Leste During the 28th Board Meeting, the Green Climate Fund (GCF)* approved the first project proposed by the Japan International Cooperation Agency (JICA): Community-based Landscape Management for Enhanced Climate Resilience and Reduction of […]
