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#GCFB26: Maintaining climate momentum in the era of COVID-19

GCF's first virtual Board meeting #GCFB26 approved new 15 projects, raising GCF’s total portfolio of climate finance to USD 6.2 billion. #ClimateAction

First GCF virtual Board Meeting maintains climate momentum despite COVID-19: ✅ 15 new projects approved = USD 878.8 million worth of GCF financing ➡️ 1st GCF projects in Afghanistan 🇦🇫 and Sudan 🇸🇩 ✅ 2 new Accredited Entities

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GCF's first virtual Board Meeting starts tomorrow, August 18 at 9PM KST/12PM UTC. You can follow it live. Details here ⬇️ 💻

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Green Climate Fund begins 26th board meeting tomorrow - set to consider 15 proposals for $879 million in new financing aimed at tackling climate change & boosting from pandemic via

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Many people already suffer from CC impacts fuelled by burning of fossil fuels. On 18-21 Aug, meets and may approve funding for several adaptation projects in vulnerable countries like Ethiopia, Fiji, Madagascar etc. Progress needed!

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STARTING IN 30 MINS: Watch the opening of our first virtual board meeting here ➡️

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Congratulations on your first low carbon Board. It is urgent that GCF delivers with speed; on scale for SIDS who face persistent climate catastrophes and suffer some of the deepest impacts of COVID crisis

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LDC Group expresses sincere gratitude to the Green Climate Fund Board that has been meeting virtually to consider initiatives to progress including in highly climate-vulnerable LDCs Afghanistan, Nepal, Ethiopia, Comoros, Senegal, Sudan and Madagascar

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GCF Board approved project SAP015 with , promoting -free cocoa supply chains to ensure for farmers and to support REDD+ forest restoration strategy in Côte d’Ivoire 🇨🇮. Learn more:

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GCF Board approved project SAP016 with to achieve generation and through the development of a agrophotovoltaic system and a battery storage system in ’s 🇫🇯 Ovalau Island.

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GCF Board approved project FP129 with to overcome energy shortage in rural areas by developing mini-grids and initiating transitions to renewable energy markets in 🇦🇫. Learn more:

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The government of Afghanistan, and have signed a $17 million dollar grant that aims to transform Afghanistan's energy market through ☀️ We explain here why this can help the country after COVID-19:

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GCF Board approved project FP130 with , providing + results-based payments for results achieved by 🇮🇩 during the 2014-2016 period. Learn more:

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GCF Board approved project FP131 with to enhance the of communities and ecosystems in the Gandaki River Basin in 🇳🇵 by using an Ecosystem-based Approach to climate change . Learn more:

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GCF Board approved project FP132 with , reducing emissions and by introducing sustainable forest management and the use of energy-efficient stoves in three rural regions of 🇬🇪. Learn more:

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Thanks to Board and Secretariat for the commitment to accelerate amid the pandemic. The approval of FP132 marked an another important milestone for engagement with the Fund.

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GCF Board approved project FP133 with to buildings in 🇦🇬 vs. hurricanes & storms. New jobs – essential to COVID-19 – result from these shovel ready climate-resilient infrastructure projects.

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GCF Board approved + project FP134 with , providing results-based payments for results period 2015-2016. The proceeds will be used to tackle and achieve sustainable forest management in .

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El Fondo Verde para el Clima destinará 28 millones de dólares para ayudar a a combatir la deforestación en diez comunidades ecológicas de selva tropical en la Amazonía. El nuevo proyecto beneficiará a más de 2000 familias.

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El nuevo proyecto 🤝 se basa en el modelo de , la promoción del por y para las comunidades. 📰

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GCF Board approved project FP135 with to enable civil society organizations to take Ecosystem-based Adaptation approaches for conservation in Comoros, Madagascar, Mauritius, and Seychelles. Learn more:

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GCF Board approved project FP136 with to scale up sustainable land management, improve of communities in 210 watersheds in , and support via livelihood diversification.

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| Congratulations to and Ethiopia for the approval of the cross cutting and innovative project for Resilient Landscapes and Livelihoods | E Co. supported the WB to prepare the concept note funding proposal - we wish you all the best |

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GCF Board approved and project FP137 with to restore forests and strengthen livelihoods in the Northern Savannah Zone of 🇬🇭, boosting carbon storage and ecosystem resilience. Learn more:

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GCF Board approved project FP138 with , providing isolated villages in access to through mini-grids. Socioeconomic benefits like jobs & clean air are expected from this project.

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GCF Board approved project FP139 with to ensure resilient food production and water sources by supporting agriculture and capacity building among pastoralists and farmers in 🇸🇩. Learn more:

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delighted to hear that approved more than USD project for 🇸🇩 to make the Agricultural sector and livestock more to . As sudan is not only vulnerable to but less ability to compact the effects.

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GCF Board approved project FP140 with , promoting a shift to low-carbon technologies in the industrial sector and stimulating the inclusion of considerations in corporate governance to facilitate a transition to green economies.

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Great news came before the weekend! Congratulations team , and glad that I contributed to the efforts. 🎉🔥

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Welcome to the new Accredited Entities approved today at !

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Sumitomo Mitsui Banking Corporation has decided to defer its application to become an Accredited Entity of the Green Climate Fund.

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Green Climate Fund finished B.26, its first virtual Board meeting, with good results. Not comparable to an in-person meet, but the best / only option in times of COVID. Thanks to the Co-Chairs and their teams and to the SEC and the IT helpers.

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After this week's Green Climate Fund board meeting, executive director says has "a key role to play to maintain ambition in the era of "

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✨: The GCF Board approved 15 new projects worth US$878.8 million. We now have 143 projects in 106 countries!

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GCF Board approved project SAP014 with in 🇦🇲 to advance forest and reduce carbon emissions by promoting energy-efficient appliances and community engagement in forest governance. Learn more:

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