GCF is the largest global fund dedicated to help fight climate change.

The Green Climate Fund (GCF) is the world’s largest dedicated fund helping developing countries reduce their greenhouse gas emissions and enhance their ability to respond to climate change. It was set up by the United Nations Framework Convention on Climate Change (UNFCCC) in 2010. GCF has a crucial role in serving the Paris Agreement, supporting the goal of keeping average global temperature rise well below 2 degrees C. It does this by channelling climate finance to developing countries, which have joined other nations in committing to climate action.

 

Responding to the climate challenge requires collective action from all countries, including by both public and private sectors. Among these concerted efforts, advanced economies have agreed to jointly mobilize significant financial resources. Coming from a variety of sources, these resources address the pressing mitigation and adaptation needs of developing countries.

 

GCF launched its initial resource mobilisation in 2014, and rapidly gathered pledges worth USD 10.3 billion. These funds come mainly from developed countries, but also from some developing countries, regions, and one city.

 

GCF’s activities are aligned with the priorities of developing countries through the principle of country ownership, and the Fund has established a direct access modality so that national and sub-national organisations can receive funding directly, rather than only via international intermediaries.

 

The Fund pays particular attention to the needs of societies that are highly vulnerable to the effects of climate change, in particular Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.

 

GCF aims to catalyse a flow of climate finance to invest in low-emission and climate-resilient development, driving a paradigm shift in the global response to climate change.

 

Our innovation is to use public investment to stimulate private finance, unlocking the power of climate-friendly investment for low emission, climate resilient development. To achieve maximum impact, GCF seeks to catalyse funds, multiplying the effect of its initial financing by opening markets to new investments.

 

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Partners News

Local community engagement, strong policy signals and long-term financing key ingredients for forest restoration – WWF Panda

New report shows the long-term benefits of restoring forests outweigh the costs. The long-term benefits of restoring forests outweigh the costs, and this is a key factor in driving the implementation of forest landscape restoration (FLR) in many countries, a new WWF and IUFRO study finds.

Taking stock of three years of implementation of payments for environmental services in Côte d’Ivoire - EU REDD Facility

Payments for environmental services (PES) are at the heart of Côte d’Ivoire’s REDD+ and forest policies, which aim to restore and conserve the country’s forest cover up to 20% of the country’s land area. The EU REDD Facility has analysed the experience and lessons learnt from two innovative pilot projects, which tested several PES models aimed at restoring forest cover in cocoa landscapes. I have the pleasure of sharing with you the results of this analysis.

Getting the incentives right. Why partnership agreements should be at the heart of EU efforts to end deforestation – FERN

The publication comes on the heels of the European Parliament’s report An EU legal framework to halt and reverse EU-driven global deforestation, adopted on 22 October. Such a regulation will only be effective if accompanied by action to tackle the drivers of forest loss and human rights violations on the ground. Getting the incentives right suggests that the EU negotiate partnership agreements with major producers of forest risk commodities.

The november CBFP Flash News is available! Please check it out...

Read: CBFP Facilitator, Honorable Dr Christian Ruck, makes successful entrance into Congo Basin’s diplomatic and political scene; CBFP Facilitator, the Honourable Dr Christian Ruck, in audiences with high-ranking political leaders in Cameroon; 16 October 2020 – Implementation of N’Djamena Declaration in West Bloc gets major boost following visit of CBFP Facilitator of the Federal Republic of Germany, the Honourable Dr Christian Ruck…

PRESS RELEASE - OFAC launches its new analysis portal on Central African forest ecosystems

Yaoundé, Cameroon, 29 October 2020 - In order to encourage informed decision-making for sustainable forest management, conservation and responsible use of biodiversity in Central Africa, the Observatory of Central African Forests (OFAC), a technical unit of the Central African Forest Commission (COMIFAC), has set up a new analysis platform with key indicators of regional, national and local policy trends and their impacts on forest ecosystems.

CBFP technical and financial partners based in Kinshasa gather around CBFP Facilitator of the Federal Republic of Germany, the Honourable Dr Christian Ruck

Kinshasa, 12 October 2020 - A meeting of technical and financial partners based in Kinshasa was held at the Pullman Hotel in Kinshasa with close to twenty participants, including: Donors, Technical and financial partners, The private sector,  Research institutions.

16 October 2020 – Implementation of N’Djamena Declaration in West Bloc gets major boost following visit of CBFP Facilitator of the Federal Republic of Germany, the Honourable Dr Christian Ruck…

The meeting of the West Bloc Coordination Platform will hold on 26 January 2021. Such was the conclusion of the meeting of partners and countries of the West Bloc Coordination Platform for monitoring the implementation of the N’Djaména Declaration.

Two new programmes in Gabon – CAFI

Gabon is pursuing a low-carbon development strategy that optimizes economic goals while preserving forests and their ecosystems. The country has therefore committed to reducing greenhouse gas emissions by 50% within 2025 through sustainable land-use. Tackling forest degradation, often a result of illegal logging, is essential to reducing Gabon's carbon emissions, as such degradation accounts for 50-80% of the country's total emissions.

Enhancing transparency and accountability – CAFI

GENEVA, 7 October 2020 – Revising the operating procedures of the Central African Forest Initiative (CAFI) is an endeavour that started earlier this year and has just received valuable recommendations from a new report by Transparency International (TI). Acknowledging the work achieved on transparency and integrity while identifying areas for improvement, the report released today by TI provides useful input into the process.

The brand Fair & Precious is celebrating its third anniversary and keeps on developing! - ATIBT

All ATIBT members, regardless of their status, are reminded that they can become partners of the brand simply as members of the Association.Created in November 2017 at the initiative of the International Tropical Timber Technical Association (ATIBT), and with the support of AFD and KfW, Fair&Precious is a collective and collaborative brand.

VPA FLEGT Gabon: UFIGA works for the resumption of vpa flegt negotiations between Gabon and the European Union - ATIBT

Within the framework of the FLEGT-Certification program of ATIBT, the UFIGA requested and directed the realization of a review of the situation of the VPA FLEGT process in Gabon in order to contribute to an effective resumption of negotiations of the VPA FLEGT process.

White Paper: Build back better in a post-COVID-19 world – Reducing future wildlife-borne spillover of disease to humans

This white paper aims to provide Northern and Southern Development partners and decision- makers with a better understanding of: a) why spillover of disease from wildlife to humans occurs, and why these zoonotic disease outbreaks can spread and become epidemics and pandemics such as COVID-19; b) what they can do to prevent, detect and respond to future spillover events, with a special focus on priority interventions at the human–wildlife–livestock interfaces.

Final Reports: United Nations Biodiversity Summit

The Summit focused on the theme “Urgent Action on Biodiversity for Sustainable Development,” to highlight the urgency of action at the highest levels in support of a post-2020 GBF that contributes to the 2030 Agenda for Sustainable Development (2030 Agenda) and places the global community on a path towards realizing the 2050 Vision for Biodiversity, “Living in harmony with nature.”

The Evolving War on Illegal Wildlife Trade - IISD

Illegal trafficking and unsustainable trade in wildlife are causing unprecedented declines in some species. They can also potentially lead to the spread of zoonoses, such as SARS-CoV-2, which causes COVID-19. While the Convention on International Trade in Endangered Species of Wild Fauna and Flora has been in force since 1975, there are growing calls to build a stand-alone international instrument to address illegal wildlife trade and crime.