Willis Towers Watson’s Climate Resilience Hub (CRH) has produced a new learning paper about its experience implementing the Green Climate Fund (GCF). Readiness support project “Capacity Building of National Designated Authority”, commissioned by the Caribbean Community Climate Change Centre (CCCCC) acting as the Delivery Partner (DP).
This paper builds on the CRH climate finance team’s track record of implementing GCF Readiness capacity-building activities in the Caribbean. It focuses on the recent 2019-2021 support it provided to the country’s National Designated Authority (NDA), the Ministry of Finance, Economic Development and Investment (MFEDI), in reviewing GCF concept notes, while considering gender dimensions, and updating its GCF Country Programme. The paper takes stock of the project’s success factors, challenges and recommendations, in light of the outcomes of the first Readiness support project the team conducted in Belize in 2018-2019. It aims to share these lessons learnt with other stakeholders active in climate finance and Readiness projects in the Caribbean, in order to support regional efforts to access GCF through a robust project pipeline.