GIZ has developed an updated version of its "Ready for Climate Finance" approach.  The approach outlines key elements of climate finance readiness, describes capacity development options and summarizes GIZ experiences. The updated version takes account of recent developments in international climate finance, particularly in the context of GCF and practical experience gained in GIZ's climate finance projects. 

GIZ's Ready for Climate Finance approach comprises five elements designed to guide activities and to meet the needs of the partner countries in the field of climate finance. The five elements include: 1) strategic planning and developing policies; 2) strengthening institutions and good financial governance; 3) accessing international climate finance; 4) effective and transparent spending and implementation; 5) promoting private sector engagement.

The development of an updated version has been backed by a substantial amount of conceptual work, often carried out with national and international think tank partners. The document is available at: HERE

GIZ has also been developing CliF Reflect, a climate finance reflection tool, based on the ready for climate finance approach, to help in self-assessment of countries. The development of CliF Reflect builds on substantial experience of GIZ to work with partner countries to assess their capacities and needs.

The Factsheet "GIZ's experience with identifying capacity needs" summarizes GIZ tools and experiences of  GIZ  to understand and strengthen capacity needs for climate finance readiness and highlights key success factors. The factsheet is available at: HERE

If you have any further questions on our work in climate finance, please contact: gcfit@giz.de<mailto:gcfit@giz.de>  or visit the Offcial Website of the GCFIT: HERE