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The thirty-fifth meeting of the Green Climate Fund (GCF) Board has ended with the approval of USD 587.7 million in new climate finance for developing nations, as well as the selection of a new Executive Director.
Mafalda Duarte has been selected as the next Executive Director of GCF, with Henry Gonzalez, GCF Deputy Executive Director, appointed to serve as interim Executive Director until Duarte starts her tenure with GCF. The outgoing Executive Director Yannick Glemarec is reaching the end of his four-year term and will leave GCF on 2 April 2023.
Speaking at the end of his last Board meeting, Glemarec said, “It has been an honour to lead GCF and its outstanding staff for these past four years and to shepherd the organisation’s growth and evolution. As we near the end of the first replenishment period, GCF has become the hub of the climate finance architecture with over 200 public and private delivery partners, breaking down investment barriers and catalysing finance at scale for developing countries.”
He added, “I am delighted that Mafalda has been appointed as my successor. Mafalda brings proven experience in climate fund management to GCF that will enable the organisation to continue its rapid growth during the second replenishment period and deliver on its ambitious mandate to avert catastrophic climate change.”
The meeting was the first to be held under the direction of the Board’s new Co-chairs Nauman Bashir Bhatti of Pakistan and Victoria Gunderson of the United States, as well as the first of 2023.
Co-chair Nauman Bashir Bhatti said, “The projects approved at this meeting send a strong message that despite multiple global challenges, GCF’s Board is committed to maintaining strong momentum on climate action for developing nations, by providing critical financial resources, while ensuring predictability, speed, and scale. The Board looks forward to working constructively with Mafalda to support the Fund’s development in a critical replenishment year.”
Co-chair Victoria Gunderson said, “These project approvals and the appointment of a new Executive Director show that GCF is continuing to deliver on its mandate to serve the needs of developing nations. The productive discussions we had at this Board meeting are testament to the continuing growth and evolution of the organisation and the development of its catalytic portfolio. The Board looks forward to working with Mafalda to continue this journey.”
The meeting approved over USD 587 million in new climate finance across seven projects. These include projects in Cambodia, Lao People’s Democratic Republic, the Philippines, Bolivia, Colombia as well as renewable energy and climate resilient infrastructure programmes spanning multiple countries.
Project agreements (Funding Activity Agreements) were signed for four of the projects on the sidelines of the Board meeting shortly after their approval, ensuring they can move rapidly to implementation. Full details of the projects approved are listed below.
With these new project approvals, GCF’s portfolio now stands at 216 projects worth USD 12 billion in investment of GCF resources and USD 45 billion total assets under management when including co-financing.
The Board also approved the accreditation of The Nature Conservancy based in the United States, and the re-accreditations of Caribbean Community Climate Change Centre (CCCCC) based in Belize and Inter-American Development Bank (IDB) based in the United States. This brings the total number of GCF Accredited Entities to 114, including 72 regional or national Direct Access Entities.
The Board was updated on the Fund’s ongoing second replenishment by Dr Mahmoud Mohieldin who was appointed as Facilitator for the replenishment process. The replenishment will culminate in a pledging conference in October, when new contributions to GCF will be formalised.
The Board heard updates on the Fund’s Risk Management Framework and the Updated Strategic Plan 2024-2027, which will be presented for approval at the next Board meeting. Other items of note were a presentation by the Independent Evaluation Unit on the final report of the Secondary Performance Review of GCF and a request to the Secretariat to prepare a proposal on financing of results-based payments for REDD+ for Board consideration and approval later this year.
The meeting concluded with a farewell to Glemarec where the Co-chairs and Board members expressed their appreciation to the outgoing Executive Director for his leadership and contributions to the Fund.
This thematic summary and Compendium serve to compile the discussions, recommendations and conclusions reached over 4 intensive days of work in thematic ateliers (Streams), plenary, side events and political discussions.
Mr Christophe Guilhou, Director of Sustainable Development, Ministry for Europe and Foreign Affairs, France, and Mr Ghislain Moussavou, Director General of Forests, Ministry of Water, Forests, the Sea and the Environment, in charge of the Climate Plan and the Land Use Plan, Gabon, were officially installed as CBFP Facilitators on 12 July 2023 during a ceremony to hand over the CBFP Facilitation from Germany to Gabon and France, presided over by Prof. Sanctus Niragira, Minister of the Environment, Agriculture and Livestock, Burundi, and current Chairman of COMIFAC.
At the 11th Meeting of the Governing Council of the Congo Basin Forest Partnership (CBFP) on 12 July 2023, the Honourable Dr. Christian Ruck presented to the members of the said Council an 11 point summary of the activities carried out by the CBFP Facilitation of the Federal Republic of Germany during its mandate....
The French-Gabonese facilitation is part of this unprecedented framework. Firstly, because this is the first time since the creation of the Partnership that this work has been carried out jointly by a donor country, France, and a Congo Basin forest country, Gabon. In addition, the One Forest Summit, held in Libreville in March 2023, reiterated the importance of Central Africa's forests, promoting greater scientific cooperation, sustainable value chains and the development of innovative financing mechanisms.
The 11th meeting of the CBFP Governing Council was held on July 12, 2023 in Yaoundé, Cameroon. This "statutory" meeting in the organised by the CBFP, of which the objective was to present the Roadmap of the Franco-Gabonese Facilitation to the members of the CBFP Governing Council, took place just after the handover of the CBFP Facilitation from Germany to France and Gabon.
M. Christophe GUILHOU was recently appointed Co-Facilitator of the Congo Basin Forest Partnership (CBFP) by the Government of the French Republic for the period July 2023 to 2025. Please download his biography...
The presentations of the CBFP geographical blocks at the Second International Conference of Ministers on Transboundary Transhumance Nexus: transhumance, protected areas and natural resources, development, peace and security from 10 to 12 July in Yaoundé Cameroon are available. Please download the presentations of the Country Investment Plans (PIP) of the different blocks....
The Congo Basin, sometimes referred to as the “heart of Africa” and “lungs of the world,” absorbs more carbon than the tropical forests of the Amazon and Southeast Asia combined. It's home to 75 million people and species found nowhere else on Earth. Yet these forests are disappearing at alarming rates.
We hereby cordially invite you to our regional launch of the German cooperation project "Peaceful and inclusive transhumance in Cameroon, Niger, Nigeria, and Chad" at the Second International Conference of Ministers on Transboundary Transhumance.
Dear Panelists, dear Guests, You are invited to take part in the sharing and reflection workshop that IOM Cameroon and KAS are organizing on the theme: "Practical solutions to migration, security and climate change: Initiatives and commitments by civil society and the United Nations to address and resolve challenges". As part of the Second International Ministerial Conference on Transboundary Transhumance - Nexus.
Yaoundé, July 4, 2023 - From July 10 to 12, 2023, under the high patronage of the President of the Republic of Cameroon, His Excellency Paul Biya, Cameroon will host the Second International Conference of Ministers on Transboundary Transhumance Nexus: transhumance, protected areas and natural resources, development, peace and security. Please download the Document...
The Global Environment Facility’s governing board has approved plans to establish a “game-changing” new fund to finance the implementation of the Kunming-Montreal Global Biodiversity Framework, which aims to put nature on a recovery path by the end of this decade. The GEF Council decision, taken during a meeting in Brazil, clears the way for the launch of the Global Biodiversity Framework Fund at the Seventh GEF Assembly, to take place in Vancouver, Canada, in August.
The purpose of the visit on Friday June 23, 2023 was for the team from the Ministry of External Relations of Cameroon (MIREX) to make sure that the Hilton's facilities are adequate to welcome the ministers and participants expected to attend the Ministers' Conference on transborder Transhumance from July 10 to 12, 2023.
This is the objective of the virtual meeting held this Monday, June 19, 2023, between the CBFP Facilitation of the Federal Republic of Germany, headed by the Honorable Dr. Christian Ruck, and some fifteen networks and forums that are members of the CBFP Civil Society College.
"I've already attended the COP in France, in Egypt, and everyone kept talking about the Amazon. So I said to myself: why not hold the conference here, so that everyone knows about the Amazon?", justified Lula. A climate summit in the middle of the Amazon rainforest. Brazilian President Luiz Inacio Lula da Silva announced on Friday May 26 that the UN had chosen the Amazonian town of Belem to host the COP30 climate conference in 2025. "It will be an honor for Brazil to receive representatives from all over the world in our Amazon," Lula wrote on social networks.
The Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) will deploy $63 million in urgent funding for countries on the frontlines of climate change following a meeting of the Global Environment Facility-managed funds in Brazil.
Douala, Cameroon, May 24-26, 2023. As part of the implementation of the recommendations of the first high-level concertation for peaceful transborder transhumance in the Lake Chad Basin, held in Ndjamena in September 2019, ECCAS and ECOWAS have undertaken a mapping study of actions and initiatives contributing to the prevention and resolution of conflicts linked to competition for access to resources in the Lake Chad Basin, CAR and DRC. This study was financed by the ECCAS Border Program Support Project (APF-CEEAC).
To read: DRIVING AFRICAN-LED CONSERVATION THROUGH THE POWER OF PARTNERSHIP – Letter from CEO … A Landmark conservation gathering… APAC highlights… The power of network-building…
This workshop took place from June 13 to 15, 2023 in the conference room of the ZION BEACH hotel in Bujumbura, Burundi. The aim of the sub-regional meeting was to develop a RECEIAC action strategy to reinforce the promotion and ownership of the revised COMIFAC convergence plan by stakeholders.
The online training course in Botanical Garden management was created and financed as part of the SEP2D Program (Sud-Expert Plantes - Développement Durable/ Sud-Expert Plants - Sustainable development). The SEP2D program is part of the international drive to support and accompany scientific communities in the South, reaffirmed at the 10th Conference of the Convention on Biological Diversity in Nagoya in 2010. It aims to strengthen interactions and partnerships in plant biodiversity between research, teaching and the demands of society.
Yaoundé, Cameroon, June 9, 2023- The COMIFAC Gender Committee, created by a memorandum dated January 11, 2023, held its first meeting at the COMIFAC Executive Secretariat Head Office. The meeting was attended by some twenty members representing the COMIFAC Executive Secretariat, technical partners and civil society organizations, including FAO, FTNS, GIZ, Rain Forest Alliance, REFADD, RIFFEAC and IUCN.
The second edition of the report on the summary of forest and wildlife offences published by the Field Legality Advisory Group (FLAG) in 2021 analyses Cameroon's forest and wildlife litigation based on the summaries (a document presenting court cases and files monitored by the forest and wildlife administration over a given period) published by the Ministry of Forests and Wildlife and obtained by FLAG over the period 2019-2020.
The quality of a blue carbon ecosystem project, essential for investor appeal, must be judged by strong social outcomes, benefit sharing, and community support, all of which can ultimately determine the project’s sustainability and contribution to climate change mitigation and adaptation.
When it meets this month in Brasilia, the Global Environment Facility’s governing body will consider a record $1.4 billion work program and set the contours of a new Global Biodiversity Framework Fund, speeding up international efforts to confront species loss and related crises.
The Climate Chance Summit Africa 2023 will bring together on the 23rd, 24th and 2th of October 2023 at the Palais des Congrès in Yaounde 1,500 African actors from the "climate community": high-level personalities, experts, actors in the field, representatives of local governments, businesses and organised civil society.
Celebrations for World Environment Day 2023 kicked off in host-country Cote d’Ivoire, as millions of people prepare for similar activities across the world. Venues across the capital city, Abidjan – from its historic lagoon to its first modern art museum - shone the spotlight on this year’s theme #Beat Plastic Pollution.
Congo Basin Carbon brings together information on various research and education projects in the Yangambi and Luki MAB Reserves in the Democratic Republic of the Congo. Through this website we hope to strengthen research networks and improve project visibility, specifically for carbon research. Tropical rainforests such as the forests of the Congo Basin comprise nearly half of the world’s vegetation carbon. Intact tropical forests represent a carbon sink at a level that is higher than other vegetation types. The issues of carbon stocks, sinks and sources in tropical forests are therefore a central topic in international policy debates on climate changes.
At last year’s United Nations Conference on Climate Change (COP26), 141 leaders committed to halt and reverse forest loss and degradation by 2030. Forests, particularly tropical ones, are known to play a crucial role in removing carbon from the atmosphere, partially offsetting the effect of greenhouse gas emissions. This is a highly valuable service to the global climate, meaning the world should be willing to pay to ensure it happens. In this policy note, we look at just how valuable that service is, and put that in the context of aid efforts to protect forests.
During the process of photosynthesis, trees naturally absorb carbon dioxide from the atmosphere. Rainforests act as important 'carbon sinks' stemming global heating. The Congo rainforest is the planet’s most important “lung,” new data has revealed. The world’s rainforests absorb huge amounts of carbon dioxide, slowing down global warming.
The world is getting a better understanding of just how important forests are in the global fight against climate change. New research, published in Nature Climate Change and available on Global Forest Watch, found that the world’s forests sequestered about twice as much carbon dioxide as they emitted between 2001 and 2019. In other words, forests provide a “carbon sink” that absorbs a net 7.6 billion metric tonnes of CO2 per year, 1.5 times more carbon than the United States emits annually.
This brief describes the first efforts to integrate agroforestry with charcoal production in the Yangambi tropical forest landscape. Activities resulted in both increased food crop production and reforestation, as well as the establishment of producer-led local associations and greater collaboration between communities and local authorities.
The GEF Secretariat prepared this document to summarize the GEF’s potential role in a financial mechanism for the internationally legally binding instrument under negotiation under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction (BBNJ). The document is prepared to help inform deliberations. It also includes questions and answers to key issues raised thus far by countries. GEF’s role as Convention Financial Mechanism: The GEF serves as a/the financial mechanism for five Conventions, namely the Convention on Biological Diversity (CBD), Minamata Convention on Mercury, Stockholm Convention on Persistent Organic Chemicals, UN Convention to Combat Desertification (UNCCD), and UN Framework Convention on Climate Change (UNFCCC).
On May 8, 2023, in the BOUN'S Hotel conference, in Yaoundé, a workshop was held to launch the process of drawing up the Cameroon Country Investment Plan (CIP) on the nexus of transboundary transhumance, protected areas, peace and security, and development. Please download the final communiqué of the workshop...
Geneva and Yaoundé, 26 May 2023. The Ministry of Economy, Planning and Land Planning of Cameroon (MINEPAT) and CAFI are launching two Calls for Expressions of Interest today to all relevant implementing organisations concerned, representing a maximum of 60 million US$.
WWF is supporting the Government of Cameroon in her effort to restore more than 12 million hectares of degraded landscapes in the country. In 2017, the Ministry of Environment and the Ministry of Forestry and Wildlife committed, on behalf of the Government of Cameroon, to restore 12,062,768 ha of degraded landscapes under AFR100 and the Bonn Challenge by 2030. Of these, 80% are in the three northern regions of Adamaoua, North and Far North; with the remainder in the high plateau, Centre region, vast forest and coastal areas (Mangroves).