GCF Dispatch: A roundup of news from the green climate fund may 2016

 

 

 

GCF Dispatch is a short compilation of news related to the Fund. This roundup is published periodically to keep partners — Board members, National Designated Authorities (NDAs), Accredited Entities (AEs), contributors, civil society, and private sector actors — up to speed on GCF activities.

 

 

To read : EXECUTIVE VIEWPOINT: SUPPORTING COUNTRIES IN 'GETTING READY' TO DEPLOY GCF'S RESOURCES

 

The Green Climate Fund concluded its first "Readiness Week" on 29 April to assist the Fund’s direct access entities in developing their project ideas. Taking place just days after world leaders signed the Paris Agreement at the United Nations in New York, the week was highly symbolic of GCF’s role in supporting countries to implement their national climate action commitments.

This five-day event represented the largest country-focused gathering the Fund has held to date at its Headquarters in Songdo, Republic of Korea. It brought together the Fund’s 13 direct access Accredited Entities (AEs) and National Designated Authorities (NDAs) / Focal Points (FPs) from 27 countries, totalling nearly 100 participants, including a number of representatives from Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States. A photo page for a behind-the-scenes take on this meeting is available at #GCFconnections

 

OUTCOMES OF THE TWELFTH MEETING OF THE GCF BOARD

At the March Board meeting, held 8–10 March in Songdo, consensus was reached across a range of policy areas. This included the adoption of the GCF Strategic Plan, together with the 2016 work programme, as well as the Fund’s comprehensive information disclosure policy that sets out the information the Fund will make publicly available. In this regard, and to promote greater transparency, the Board also decided to webcast future Board meetings so that they can be followed online.

Another significant decision was the Board’s green light to reinforce staffing at GCF Headquarters to provide more hands on deck. This will enable the Secretariat to grow from its current 56 permanent staff to an estimated 140 by the end of 2017.

 

 

US TRANSFERS FIRST USD 500M OF PLEDGE TO GCF

ACCREDITED ENTITIES SIGN ACCREDITATION MASTER AGREEMENTS

 

 

For more Information, please check: HERE

 

 

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