Ninth Meeting of the Green Climate Fund (GCF) Board - GCF set to allocate resources before Paris Climate Change Conference

Board accredits first entities

 

Available for Download

 

Press Release: GCF set to allocate resources before Paris Climate Change Conference - Board accredits first entities

 

The ninth meeting of the Green Climate Fund Board  (GCFB 9) convened in Songdo, Republic of Korea, from 24-26 March 2015. The meeting was a crucial step towards the goal of operationalizing the Fund and taking decisions on programme and project proposals by October 2015. To this end, Board members accredited seven entities, opening the door for them to begin developing and submitting project proposals for consideration at GCFB 11.

 

The Board also adopted decisions on: the initial investment framework; a policy on ethics and conflicts of interest; terms of reference (TOR) of the Independent Technical Advisory Panel (ITAP); initial term of Board membership; analysis of the expected role and impact of the Green Climate Fund (GCF); an interim gender policy and action plan; financial terms and conditions of the Fund’s instruments; legal and formal arrangements with accredited entities; mobilizing private sector funding and working with small and medium-sized enterprises (SMEs); TOR for the Appointment Committee; and the report of the Secretariat’s activities.

 

 At its ninth meeting, the GCF Board decided to accredit the following entities: Centre de suivi écologique  (CSE) from Senegal, which focuses on combating desertification and protecting coastal areas; Fondo de Promoción de las Áreas Naturales Protegidas del Péru  (PROFONANPE) that specializes in funding biodiversity conservation and managing protected areas; based in Samoa, the Secretariat of the Pacific Regional Environment Programme  (SPREP), which focuses on protection and sustainable development of the Pacific region's environment; a social impact investment fund, Acumen Fund, Inc.  (Acumen), that works on improving the lives of low income communities in Africa and Asia, especially in healthcare, agriculture and clean energy.

 

The Board made progress on, but did not take a decision regarding, the TOR for an enhanced direct access (EDA) pilot phase. In addition, the Board took note of the initial risk management framework and heard reports from committees and panels.

 

The Board also discussed the status of the initial resource mobilization (IRM) and the 30 April 2015 deadline for signing country contribution agreements. The Board decided that the Co-Chairs would monitor the situation and take timely action if necessary.

 

They Board further: agreed that GCFB 10 will be held from 6-9 July 2015 in Songdo, Republic of Korea; and entrusted the Co-Chairs with proposing a provisional agenda for the meeting, taking into account comments from Board members on the 2015 work plan.

 

Nineteen Board members, 17 alternate Board members and 69 advisors attended the meeting. Additionally, 170 observers attended, representing civil society, the private sector and international observer organizations.

 

 

IISD Reporting Services has provided a summary report of the meeting in HTML and PDF format.

             

Go back

CBFP News

WWF: Rainforest deforestation more than doubled under cover of coronavirus -DW

Tropical rainforests shrank by 6,500 square kilometers in March — an area seven times the size of Berlin. Criminal groups are taking advantage of the pandemic and the unemployed are getting desperate, the WWF said.

Read more …

Nouabalé-Ndoki National Park Monthly update April 2020

"At a time when many countries are beginning their gradual deconfinement and when there is a glimmer of hope on the horizon of returning to normal life, I wanted to share with you some good news that also fills us with hope for the future of the Nouabalé-Ndoki National Park."

Read more …

Resources and follow-up from the virtual FAO-EcoAgriculture Partners Roundtable

Last April 30th FAO and EcoAgriculture Partners organized a virtual Roundtable on Territorial Perspectives for Development, in which over 170 people participated.

Read more …

ATIBT -CBFP: Private Sector mobilized around the CBFP Facilitator of the Federal Republic of Germany

ATIBT co-facilitated the mobilization of the private sector of the timber sector to participate in the first meeting of the private sector college of Congo Basin Forest Partnership with the new facilitator Dr Christian Ruck and his team German Facilitation.

Read more …

Development and institutionalization of a PAFC certification system for the Congo basin: opening of the second public consultation on Sustainable Forest Management Certification Standard, 23 May 2020 - 22 June 2020

This second public consultation will be open for a period of 30 days from tomorrow Saturday the 23rd of May 2020 and will be closed on Monday the 22nd of June 2020. The public consultation is open to all stakeholders of forest management in the Congo Basin interested in participating to the PAFC Congo Basin certification standards development process.

Read more …

Forest defenders on the COVID-19 frontline stand ready to assist the global EU response – Fern

These efforts go hand in hand with ensuring continued responsible management of natural resources and preventing unsustainably and illegally sourced forest commodities. In the Democratic Republic of Congo, forest-monitoring organisations Observatoire de la Gouvernance Forestière (OGF) and Réseau des observateurs indépendants des ressources naturelles (RENOI) are set to carry out COVID awareness-raising in at-risk forest areas, and will also assess COVID’s impact on forest management and governance commitments under the Central African Forest Initiative (CAFI). Across the Congo Basin, fears that a proper lack of oversight may put forests and forest peoples in danger are looming despite emerging initiatives.

Read more …

22 May 2020 International Day for Biological Diversity

The theme of the 2020 International Day for Biological Diversity is “Our Solutions are in Nature”. It shows that "Biodiversity remains the answer to a number of sustainable development challenges that we all face. From nature-based solutions to climate, to food and water security, and sustainable livelihoods, biodiversity remains the basis for a sustainable future."

Read more …

CBFP News Archive

2024

There are no news items for this period.