The Green Climate Fund (GCF) aims to support developing countries to take ambitious action on climate change. It helps to facilitate the flow of climate finance from rich countries to developing ones.
Accessing the GCF is a time-consuming process, and capacity constraints and the complicated procedures for accessing funding are affecting many developing countries’ ability to compete fairly and effectively for finance through the Fund.
In a newly released learning paper, and associated learning brief, the Action on Climate Today (ACT) programme provides lessons from its experience helping partners to access GCF funding in South Asia.
The paper, “Enabling access to the Green Climate Fund: Sharing country lessons from South Asia”, presents a framework for strengthening access to the GCF, looking at entry-points and strategies that governments, funders and practitioners can use.
The paper draws on ACT’s experience supporting national and sub-national governments in five South Asian countries: Afghanistan, Bangladesh, India, Nepal and Pakistan. It explores some of the challenges that countries face and the strategies that they have employed to overcome them. The paper presents a framework that shows entry-points and measures that governments funders and practitioners can use. Entry-points at the global level include the GCF’s own resources and capabilities, and at the national level includes national institutional capabilities, the design of projects, and the sustainability of financing.
ACT is a £23 million UK government-funded regional programme managed by Oxford Policy Management (OPM) in collaboration with many consortium partners. It has been working since 2014 in partnership with national and sub-national governments of Afghanistan, Bangladesh, India, Nepal and Pakistan to assist the integration of climate adaptation into development policies and actions while transforming systems of planning and delivery, including leveraging additional finance.
The full ACT learning paper “Enabling access to the Green Climate Fund: Sharing country lessons from South Asia” and a learning brief can be accessed here.
Action on Climate Today (ACT) is an initiative funded with UK aid from the UK government and managed by Oxford Policy Management (OPM).
Elizabeth Gogoi, Senior Consultant, Oxford Policy Management (OPM) Elizabeth.firstname.lastname@example.org +91 98 11 55 2951