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As the global community charts a path toward the New Collective Quantified Goal (NCQG) for climate finance beyond 2025, a critical question comes into focus: how can we ensure that financial commitments lead to transformative, measurable outcomes? With a minimum starting point of USD 100 billion annually, the NCQG represents… >>>

The path towards a fair and effective New Collective Quantified Goal (NCQG) for climate finance has been fraught with intense global debate: Who should contribute, and how should contributions be assessed, particularly government funding? These questions have brought to the fore principles of equity and the notion of ‘common but differentiated… >>>

From 21 to 24 October 2024, the Board of the Green Climate Fund (GCF) convened for its 40th meeting in Songdo, Republic of Korea. The meeting’s agenda focused on the consideration of a revised Accreditation Framework; the formulation of a Risk Appetite Statement for the Fund; as well financing of results-based payments for REDD+.… >>>

From 15 to 18 July 2024, the Board of the Green Climate Fund (GCF) convened for its 39th meeting in Songdo, Republic of Korea. The meeting’s agenda focused on the consideration of a GCF partnerships and access strategy; a way forward for enhancing coherence and complementarity with other relevant bilateral,… >>>

From 4 to 6 March 2024, the Board of the Green Climate Fund (GCF) convened for its 38th meeting in Kigali, Republic of Rwanda. The meeting’s agenda focused on determining a way forward for the potential establishment of the GCF’s regional presence, as well the Financing of results-based payments for REDD+. Furthermore, the Board considered the… >>>

From 4 to 6 March 2024, the Board of the Green Climate Fund (GCF) convened for its 38th meeting in Kigali, Republic of Rwanda. The meeting’s agenda focused on determining a way forward for the potential establishment of the GCF’s regional presence, as well the Financing of results-based payments for REDD+. Furthermore, the Board considered the… >>>

The Climate Finance Advisory Service (CFAS) is planning an online event on “multilateral development banks’ (MDBs) partnerships with international climate funds – complementarity and coherence in the context of international climate finance architecture reform” – on the 2nd of November 2023, 1:00-2:00 pm UTC. >>>

 

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From 10 to 13 July 2023, the Board of the Green Climate Fund (GCF) convened for its 36th meeting in Songdo, Republic of Korea. The meeting’s agenda focussed on the approval of the Updated Strategic Plan for the period 2024-2027 and the Fund’s second replenishment. Furthermore, the Board considered the approval of twelve funding proposals (… >>>

From 13 to 16 March 2023, the Board of the Green Climate Fund (GCF) convened for its 35th meeting in Songdo, Republic of Korea. The meeting’s agenda focussed on the selection of the Fund’s new Executive Director (ED); the update of the GCF’s strategic plan; as well as the Fund’s second replenishment, incl. the Independent Evaluation Unit’… >>>

From 17 to 20 October 2022, the Board of the Green Climate Fund (GCF) convened for its 34th meeting in Incheon, Republic of Korea. The meeting’s agenda focussed on the update of the GCF’s strategic plan, and included policy consultations on the accreditation strategy, the policy to minimise the effect of currency fluctuations on the commitment… >>>

The publication contributes to the increasingly important debate of integrating finance flows for just transition approaches into the global climate finance architecture. In this context, the publication emphasizes the needs for just transition finance of commodity-dependent developing countries. Previously debates on just… >>>

This online seminar took place on 26th of October 2022. The recording of the event and the slides of the presentation can be accessed below.

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As part of the Paris Agreement, it was agreed that prior to 2025 a new collective quantified goal (NCQG) should be set from a floor of US$100 billion per year, taking into account the needs and priorities of developing countries. The lessons learned from the process of setting the original climate finance goal of US$100 billion… >>>

From 29 September – 1 October 2022, the Standing Committee on Finance (SCF) convened for its 29th meeting in Cairns, Australia.

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This online seminar took place on 12th of October 2022. The recording of the event and the slides of the presentation can be accessed below.

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From 17 to 20 July 2022, the Board of the Green Climate Fund (GCF) convened for its 33rd meeting in Incheon, Republic of Korea. The meeting’s agenda focussed on policy consultations, such as the update of the guidance on the approach and scope for providing support to adaptation activities; and steps to enhance the… >>>

From 16 to 19 May 2022, the Board of the Green Climate Fund (GCF) convened for its 32nd meeting in the city of Saint John’s, Antigua and Barbuda. For the first time since the start of the global COVID-19 pandemic the meeting was conducted in an in-person setting, focussing on policy consultations, such as the update of the Simplified Approval… >>>

From 16 to 19 May 2022, the Board of the Green Climate Fund (GCF) convened for its 32nd meeting in the city of Saint John’s, Antigua and Barbuda. For the first time since the start of the global COVID-19 pandemic the meeting was conducted in an in-person setting, focussing on policy consultations, such as the update of the… >>>

From 28 to 31 March 2022, the Board of the Green Climate Fund (GCF) convened for its 31st meeting. Due to the ongoing challenges imposed by the global COVID-19 pandemic, the meeting was conducted once again in a virtual setting, focussing primarily on procedural and administrative matters. Furthermore, the Board considered the approval of two… >>>

From 22-23 March 2022, the Standing Committee on Finance (SCF) convened for its 27th meeting. The meeting took place in Cape Town, South Africa, and was conducted in a hybrid format, which means that some SCF members and observers were present, while others participated virtually. Facilitated by the newly appointed Co-Chairs Mr. Zaheer Fakir (… >>>

"Making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development,” also known as Article 2.1c, is of particular importance to the success of the Paris Agreement. It represents one of the three long-term goals of the agreement, while also being a means to achieve the other two long-term goals… >>>

Since the adoption of the Copenhagen Accord in 2009, international negotiations on climate finance under the United Nations Framework Convention on Climate Change (UNFCCC) have focused primarily on quantitative elements, in particular the amount of financial resources provided over a certain amount of time or the resources allocated to certain… >>>

The online seminar takes a closer look at the issue of accessibility of climate finance, by exploring “access” at the national, sub-national, regional, and local level, taking into account recipients and stakeholders that are involved in funding application processes. The seminar further examines the proposition that resources are not reaching… >>>

In the run up to COP26, the Climate Finance Advisory Service (CFAS) published a policy brief on the opportunities and challenges that may arise when implementing Article 2.1c, and how to move the discussion forward during this year’s negotiations. >>>