The document discusses financing strategies for long-term climate change mitigation and adaptation. It describes the Green Climate Fund (GCF), established in 2010 to promote low-emission and climate-resilient development. The GCF provides readiness funding of up to $1 million per country per year for activities like national designated authority strengthening and national adaptation planning. It also outlines the GCF programming process of developing country and entity work programmes and project pipelines to identify funding proposals aligned with country priorities. Snapshots of GCF engagement with Antigua & Barbuda and Mali are provided as examples.

1. Financing long-term strategies for
mitigation and adaptation
Juan Hoffmaister
International Climate Policy
Specialist
Climate Change Expert Group (CCXG) - Global Forum on
the Environment and Climate Change
14-15 March 2017 - OECD, Paris

2. Established by the COP in 2010 with headquarters
South Korea, it started operations in 2014
Promotes paradigm shift to low emissions climate
resilient development
Ensures country ownership and brings
transformational change

3. Recommended
capacities
of
NDAs &
focal points
Oversight & awareness
Knowledge
• National priorities, strategies, plans
• Adaptation and mitigation efforts / needs
• Facilitate multi-stakeholder consultations
• Other country coordination mechanisms
Drive
• Ability to drive strategic
engagement
Coordination functions
• Ability to monitor / evaluate Fund related
activities
• Familiarity with other related activities in country

4. Readiness funding: Planning &
programming support
cap per country per yearReadiness: USD 1M
• NDA strengthening
• Support for direct access entities
• Strategic frameworks, including country programmes
cap per country (not per year)NAP: USD 3M
• National adaptation plans (NAP) and / or other adaptation planning
processes

5. GCF
pipelines
INDCs
NAPs
Country and
Entity
Programmes
GCF programming

6. Country programmes
Country’sGCF priorities
Led by NDA/focal point
Stakeholder engagement
Entity work programmes
Responds to country
priorities
Identifies regional or
multi-country initiatives
Pipelines
Projects/programmes
developed for funding
Aligned with country/
entity programmes
Programming continuum

7. Iterative process
Country
programme
Entity
programme
Pipeline
development
Funding
proposals
Project
implementation
Results &
learning

8. Current Portfolio
• 35 projects and
programmes approved of
total USD 1.5 billion in
about 50 countries
• Total value of projects:
USD 4.9 billion
• Total pipeline of projects:
USD 3.2 billion

9. INDC
• Renewable energy, energy efficiency, water,
coastal resilience and ecosystems
Country agenda & GCF pipeline
• Adaptation: SIRF Fund, desalination,
climate-proof buildings
• Mitigation: RE&EE, transportation, waste-
to-energy
• Cross-cutting: Coastal ecosystems, land use
change and forestry
• 9 projects | USD 170 M
GCF engagement
• Readiness | USD 300K
Structured dialogue
• Readiness week
• Board meetings
• Regional engagement
Country Programmes
Snapshot: Antigua & Barbuda

10. INDC
• Forests, agriculture, energy
GCF engagement
• Approved 27 M
• Pipeline 393 M
• Readiness NDA strengthening
Structured dialogue
• Mali national workshop
• Africa Structured Dialogue
Action Plan
• Readiness support
• Dialogue with Aes on projects
Country Programmes
Snapshot: Mali

11. Country GCF financing Accredited Entity Financial instrument
Bangladesh USD 40 million Kreditanstalt für
Wiederaufbau
(KfW)
Grant, with $40M in
co-financing (grants)
• Providing cyclone shelters,
safeguarding critical road access,
developing climate resilient urban
infrastructure and safeguarding
vulnerable city-dwellers from
climate risk
• Establishing a national center to
inform infrastructure development
throughout the country
• Approximately 10,534,350
Beneficiaries
FP004: Climate-Resilient Infrastructure
Mainstreaming in Bangladesh
Photo: Helena Wright

12. Country GCF financing Accredited Entity Financial instrument
Mauritius USD 28.2 million United Nations
Development
Programme
Grant, with $163M in
co-financing (loans
and grants)
• Support target of using
renewables to supply 35% of the
country’s energy needs by 2025
• Promote grid-connected,
intermittent renewable energy
and establishing a photovoltaic
mini-power grid outer island
• Emissions reduction of
4.3 million tCO2e
FP033: Accelerating theTransformational Shift
to a Low-Carbon Economy in the Republic of
Mauritius

13. FP020: Sustainable Energy Facility
for the Eastern Caribbean
Countries GCF financing Accredited Entity Financial instrument
Dominica, Grenada, Saint
Kitts and Nevis, Saint
Lucia, SaintVincent and
the Grenadines
USD 80 million IDB (JICA as one
of the co-
financiers)
Loan, Grant
• 60MWGeothermal power generation
project in Caribbean countries
• Use of contingent grant for
exploration phase (converted loan if
resources meet the projection
threshold)
• Private sector leverage
• Emissions reduction of
9.4 million tCO2e

14. GCF programming:Takeaways
http://www.goodfon.su/wallpaper/153-doroga-gorizont-svet.html
 Addressing demand from countries
in a holistic way
 Creating value for stakeholders
through targeted support, including
diverse financial instruments
 Maximizing engagement by
connecting the dots