Nepal and Ghana harness experience to launch second phase of readiness activities

Ghana
Nepal
Building on the progress made through the German-funded readiness support, in Ghana and Nepal, the NDAs will use GCF funds to further strengthen national capacities to access and manage climate financing. Photo: UNDP Climate Change Adaptation
 
 
Demonstrating increasing country readiness to lead national climate change mitigation and adaptation efforts, the National Designated Authorities (NDA) to the Green Climate Fund (GCF) of Nepal and Ghana have submitted proposals for a second phase of readiness support. This builds on previous achievements made with support from the UN Environment/UNDP/WRI GCF Readiness Programme (GCFRP). 
 
Recognizing the need for climate finance readiness support for countries, the GCFRP was established in 2014 by the German government’s Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety’s International Climate Initiative (BMUB IKI), shortly before the GCF established its own readiness support programme. As the BMUB-funded readiness support programme draws to a close, several participating country governments are looking at next steps in their preparatory initiatives. 
 
The GCF-funded readiness support makes up to US$1 million per year available to governments for activities that fall into five outcome areas: 1) strengthening country capacity, 2) engaging stakeholders in consultative processes, 3) supporting direct access, 4) access to finance, and 5) private sector mobilization. NDAs can apply through a delivery partner like UNDP, UN Environment, FAO or others, or they can opt to apply directly to the GCF for readiness support. The latter is encouraged by the GCF Secretariat to help NDAs progress towards direct access.
 
Building on the progress made through the German-funded readiness support, in Ghana and Nepal, the NDAs will use GCF funds to further strengthen national capacities to access and manage climate financing. Both NDAs have developed robust work plans for this second phase of GCF readiness, in consultation with all relevant national stakeholders. 
 
In Ghana, the second phase activities will focus on consolidating gains made in establishing decision-making mechanisms and no-objection procedures, developing a national climate intervention strategy for GCF funds, establishing a climate awareness working group for women leaders in politics and business, and conducting a market study to identify bankable private sector projects.  
 
In Nepal, the NDA proposes a two-pronged approach that: 1) enhances national ownership by engaging with more stakeholders through institutional capacity building, and 2) supports transfer of knowledge and capacity at all levels of governments and communities. Some highlights of second phase objectives include the development of a comprehensive GCF Country Programme – with a careful eye on gender engagement and social inclusion – and continued support for candidate Direct Access Entities on the GCF’s accreditation requirements, like guidance on environment and social safeguard standards. The second phase will also fund mapping of the Nepalese productive sector to inform private sector engagement strategies, and help the MoF to efficiently monitor, manage and coordinate climate finance flow to Nepal. Most importantly, the next phase will support newly established provincial and local governments’ efforts to prioritize climate investment for the region. 
 
For both countries, this second phase of readiness support ensures that they will continue to build on preparatory initiatives to effectively combat the worst effects of climate change and meet national commitments made under the Paris Agreement.