With its mandate to promote a paradigm shift towards low-emissions and climate-resilient development pathways the Green Climate Fund (GCF) has reached full operationalisation in 2015 and is resourced with over US$ 6bn (with more than 10bn pledged). According to its initial results management framework the GCF aims to achieve a "reduction of emissions from buildings and cities" while at the same time "increasing the resilience of infrastructure and the built environment to climate change threats" (GCF, 2014). However, clear operationalisation pathways for the GCF to reach the subnational level are still lacking to date. This publication offers some suggestions on how to shape the GCF so that its finance flows better suit the needs of cities.
Financially supported by the Climate and Development Knowledge Network (CDKN). Responsibility for the contents rests with Germanwatch.
This document is an output from a project commissioned through the Climate and Development Knowledge Network (CDKN). CDKN is a programme funded by the UK Department for International Development (DFID) and the Netherlands Directorate-General for International Cooperation (DGIS) for the benefit of developing countries. The views expressed and information contained in it are not necessarily those of or endorsed by DFID, DGIS or the entities managing the delivery of the Climate and Development Knowledge Network, which can accept no responsibility or liability for such views, completeness or accuracy of the information or for any reliance placed on them.