FAQ

Frequently asked questions about the GCF Readiness Programme

  • How will lessons learned be disseminated?

    The GCF Readiness Programme will document and share lessons learned in the course of programme implementation with the Green Climate Fund Board, to support its work in designing fund operations.
     
    Lessons learned will also be shared with practioners, providers and receivers of readiness support through:  
     
    • South-South cooperation: The GCF Readiness Programme will support the development of an Accredited Entity network and provide opportunities for recipients of readiness support to travel on study tours to other countries in their region. 
    • The publishing of readiness tools and guidebooks on the Programme’s website. ​
    • International meetings and fora, including the UNFCCC climate change negotiations.  
     
  • What are the expected results?

    The overarching goal of the GCF Readiness Programme is to prepare developing countries to effectively and efficiently plan for, access, manage, deploy and monitor financing from the Green Climate Fund.
     
    The Programme will support countries to achieve the following results: 
     
    • Elaborated pipelines of national projects, in line with countries’ climate change strategies, plans and policies in order to facilitate increased investment of the private sector in climate-relevant areas.
    • Direct access to the Green Climate Fund 
    • In-country monitoring and tracking systems for climate finance and its effectiveness

     

     

  • How Is the Private Sector Involved?

    The Programme seeks to deepen the private sector’s engagement in climate change-related activities. For example, the Programme helps facilitate the involvement of the private sector in the  development, implemention and financing of climate change mitigation and adpatation projects. With this participation comes increased awareness of both the risks and rewards of investing in climate finance projects, as well as knowledge of where there is opportunity for active engagement. Additionally, the Programme offers training for private sector stakeholders on the specific requirements of the Green Climate Fund and other climate finance sources. 
     
  • How is the Programme Implemented?

    The United Nations Enviroment Programme (UNEP), the United Nations Development Programme (UNDP), and the World Resources Institute are the Programme’s joint implementing partners.  The Partners work closely in each country with key domestic stakeholders in charge of access, management and monitoring of climate finance, such as Ministries of Environment, Finance, Energy, Development and Planning, as well other climate-change related public institutions and local-level governments, together with institutions that carry the fiduciary responsibility for national and international funds. 
     
    The Programme works in 9 developing countries globally: Benin, Colombia, El Salvador, Fiji, Ghana, Kenya, Nepal, the Philippines and Uzbekistan. 
     
    During an initial 6 month inception phase the Programme worked closely with key domestic stakeholders to develop country readiness work plans, which laid out a framework of action for countries to prepare to receive climate finance.
     
    The Programme is now delivering support in the implementation phase, set to continue through the end of 2016. Country Readiness Plans are being rolled out to help implement existing national climate change strategies, with a goal of initiating a long-term cycle of improving climate finance programming and policy.                                    
    The Programme builds the institutional capacity of national entities, with a focus on enabling direct access to climate finance.  One important way in which this is delivered is through supporting entities to be accredited to the Fund.  This is critical, as it is through the joint work of National Designated Authorities (NDAs) and accredited entities (AEs) that a developing country’s projects and programmes are proposed, with accredited entities channelling funding for such projects.
     
    The Programme also supports climate change mitigation and adaptation investment strategies, programmes and projects (including the development of project pipelines for GCF funding).  The Programme helps build cooperative, multi-stakeholder partnerships through supporting private sector actors, financial institutions and low carbon technology providers as well as governments and civil society actors in ‘getting ready’ to play a key role in the design, uptake and implementation of specific projects.
     
     
     
     

     

  • What Are the Types of Activities Involved in the Readiness Support Offered Through the Programme?

    Country Readiness Programmes will focus on a range of preparatory activities to strengthen the institutional capacities of national entities, with a focus on direct access ; and to help countries prepare climate change mitigation and adaptation investment strategies, including through the active involvement of the public sector. 
     
    Examples of these activities could include:
    • Strategic planning such as prioritization, stakeholder engagement, mapping of stakeholders in priority sectors 
    • Institutional capacity building such as support for fast-track NAMA accreditation
    • Support for accreditation of the institution which will receive climate funds
    • Development of a pipeline of climate change-related projects including assistance with development of proposals 
    • Collaboration with financial institutions to develop products to facilitate implementation of priority projects and programmes