Financing Options Guidance Document

Green Climate Fund Project Toolkit 2017

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This toolkit is featured with permission from Acclimatise.

Responding to the climate challenge requires collective action from all countries, cities, businesses, and private citizens. With currently USD $10.3 billion pledged, the Green Climate Fund (GCF), is the world’s largest climate fund and is designed to be the main financial instrument to meet the global commitment made by advanced economies to jointly mobilise $100 billion per year by 2020, from a variety of sources, to address the pressing mitigation and adaptation needs of developing countries.

The GCF aims to support developing countries in achieving a paradigm shift to low-emission pathways and to increase climate-resilient development, by funding transformative projects and programmes on adaptation and/or mitigation to climate change. This toolkit aims to help private sector entities understand the key considerations to take into account and fulfil the GCF’s requirements when developing funding proposals.

FUNDS PLEDGED TO THE GCF

$ 10.3 bn
$ 0.0 bn

Preparing a GCF’s funding proposal requires considerable research, consultation, and thought regarding the design and costing. The funding proposal template includes the following sections:

  1. Project/programme summary;
  2. Financing/cost information; Detailed project/programme description;
  3. Rationale for GCF involvement;
  4. Expected performance against investment criteria;
  5. Appraisal summary;
  6. Risk assessment and management; Results monitoring and reporting;
  7. Annexes.

A private sector organisation can submit - through an Accredited Entity - funding proposals to the GCF spontaneously on an ongoing basis or by responding to a request for proposals (RFP) published on the GCF website. Funding proposals submitted to the GCF should include a no-objection letter signed by the National Designated Authority.

GCF Project Toolkit 2017: Guide to develop a project proposal for the Green Climate Fund

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Source www.acclimatise.uk.com
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