1. INTERNATIONAL FORUM «GREEN BRIDGE» PARTNERSHIP PROGRAM
Alessandra Fidanza GCF Regional Workshop for Eastern Europe and Central Asia: a follow-up Astana 12th July 2017
INTERNATIONAL FORUM «GREEN BRIDGE» PARTNERSHIP PROGRAM
EXPO – Congress Center

2. GREEN CLIMATE FUND
Financial Mechanism under UNFCCC established in Cancun 2010
Mandate: Promote low-emission and climate resilient development in Developing Countries
10.1 billions in signed contributions
50% Adaptation 50% Mitigation
50% of adaptation resources for SIDS, LDCs and African States
~USD 80 million for Readiness support
USD 40 million for Project Preparation

3. GCF: BUSINESS MODEL

4. GCF: 8 Result Areas

5. What do Beneficiary Countries need to do for engaging with GCF?
Establish and maintain a National Designated Authority (NDA) or focal point
Strategic engagement through country programmes
Identify and seek accreditation of entities to access resources from the Fund
Develop projects and programmes to bring forward funding proposals through accredited entities

6. Access to Green Climate Fund resources: ACCREDITED ENTITIES
Access to Fund resources to undertake climate change projects/program mes will be through accredited national, regional and international entities

7. Size of Project/Activity within a Programme

8. Readiness Programme
NDA strengthening
Strategic frameworks
Support for direct access entities
Adaptation planning processes

9. Readiness Proposal Process

10. GCF Readiness funding USD 1 million cap per country per year
NDA strengthening
Support for direct access entities
Strategic frameworks, including country programmes, concept notes, prefeasibility studies
USD 3 million cap per country (not per year)
National adaptation plans (NAP) and / or other adaptation planning processes

11. GCF Tbilisi Workshop – Eastern Europe, Central Asia (30 May-2 June 2017)
13 countries, representatives from eight GCF Accredited Entities, 10 National Designated Entities of the Climate Technology Centre and Network (CTCN) as well as several observer institutions from civil society and the private sector
So far, Eastern European and Central Asian countries have not been as active as other regions in accessing GCF assistance
countries to gain access to the funds the GCF available funds to support the achievement of countries’ Nationally Determined Contributions under the Paris Agreement on Climate Change.
stimulate thinking on how Eastern European and Central Asian countries can rectify current gaps in climate adaptation
GCF can play an important role in laying the foundation for enhanced business engagement

12. GCF opportunities for the Region
EECA region has not been as active with the GCF as other regions  need to improve activities within GCF framework
CA Countries are called to access the available resources, in particular through the Fund’s Readiness Programme
CA Countries provide feedback to GCF on the specific priorities for the Region, to contribute to the definition of the Regional Pipeline
GCF pipelines
PPF FP
READINESS
INDCs
NAPs
Country and Entity Programmes

13. GCF Investment Criteria: Country Ownership
Beneficiary country ownership of, and capacity to implement, a funded project or programme (policies, climate strategies and institutions)
Existence of a national climate strategy_Objectives are in line with priorities in the country’s national climate strategy;
Coherence with existing policies_Proposed activity is designed in cognizance of other country policies;
Capacity of accredited entities or executing entities to deliver_Experience and track record of the Accredited Entity or executing entities in key elements of the proposed activity
Engagement with civil society organizations and other relevant stakeholders_Stakeholder consultations and engagement.

14. Expected outcomes of the discussion Forum
CA Countries are called to share a common vision for enhancing their access to GCF financial opportunities
CA Countries channel their advancements with regards to mitigation of /adaptation to climate change and low carbon economy in perspective of GCF opportunities
CA Countries, also with the support of the EU-CA Platform, aim at strenghtening their Country ownership with regards to GCF
CA Countries contribute to the definition of the GCF regional pipeline highlighting climate-related project opportunities to be included in their Country priorities

15. For any information please contact me Alessandra Fidanza Fidanza
For any information please contact me Alessandra Fidanza tel
Thank you
Acknowledgements: the contents about GCF are taken from the presentations held by GCF members during the Tbilisi Workshop, and made available online on GCF website