GCF, stakeholders to explore how fund can support climate ambitions

The Green Climate Fund (GCF) will hold its Global Programming Conference in Songdo, Republic of Korea from August 19-23, 2019.

With over USD 5 billion worth of climate action projects around the world, the Green Climate Fund (GCF) is playing a major role in helping developing countries raise and realise their climate ambitions.

As part of its contribution to the achievement of the Paris Agreement, ahead of 2020 when countries will be called to raise their climate ambition targets or Nationally Determined Contributions (NDCs), GCF is bringing together over 600 stakeholders from developing and developed countries, comprising ministers, GCF National Designated Authorities or focal points, Accredited Entities, and others to explore how the Fund can support them in achieving their climate ambitions.

GCF’s Global Programming Conference serves as a platform for high level-dialogue on country and entity programming plans with GCF. The Conference will invite developing countries to discuss the demand for GCF resources that move them towards low-emission and climate resilient pathways in line with the objectives of the United Nations Framework Convention on Climate Change and the Paris Agreement. It will also be a platform for Accredited Entities to demonstrate how they can help countries realise this demand consistent with their capacities and competencies, and for GCF to consider ways in which its strategy and programming for the first replenishment period could respond to such demands.