GCF Executive Director highlights role of Green Climate Fund in supporting climate adaption in developing countries



MANILA, 26 Feb. 2015 — As one of the most disaster-prone countries in the world that are at-risk from climate change, the Philippines is among the main countries that could finance priority adaptation investments through the Green Climate Fund (GCF). This is one of the messages the Executive Director of the Fund, Ms. Héla Cheikhrouhou, conveyed to senior officials of the Philippine government as part of her participation in a high-level mission to the country led by French President François Hollande.


“The Philippines is at the front-line of climate change — both in terms of impact and with respect to the opportunities that exist for the Fund to support the country in increasing its climate resilience,” said Ms. Cheikhrouhou.


Numerous studies place the Philippines at the top of countries most affected by climate change, including environmental organizational Germanwatch that listed the country as most at-risk in its 2015 Global Climate Risk Index report.


A rapidly expanding population, unsustainable land use and extreme weather events have significantly increased the Philippine’s vulnerability to climate change. It is estimated that about 60% of the country’s municipalities and cities located along the coast, impacts of sea level rise due to both climate change and local land subsidence are already severe. Agriculture, water resources, fisheries, health, and infrastructure are likely to be severely impacted by climate change.


The Philippine Government is already prioritizing its response to climate change and environmental degradation, including through its own financial resources.


As part of its unique mandate, the Green Climate Fund stands ready to provide funding at scale to finance adaptation initiatives, to the tune of half of its activities, compared to only around one tenth of global climate finance so far directed at supporting adaptation.


In her interactions with the French and Philippine high level officials, Ms. Cheikhrouhou cautioned that the Fund’s ability to deliver on its mandate to finance climate adaption now centres on receiving the financial resources that were pledged to the Fund in 2014.


“The Fund aims to approve projects and programmes starting from October this year, and we can support countries like the Philippines, provided that contributors accelerate the pace of turning all their pledges to actual contributions ahead of this year’s pivotal climate change conference in Paris,” underlined Ms. Cheikhrouhou. This would support the trust-building momentum towards the conclusion of a global climate agreement...



For more Information, please check: HERE

Go back


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


There are no news items for this period.