Publications

2015 is a critical year for the Green Climate Fund as the Fund is set to finally start running its operations, bringing to life the mechanisms that the Board has been designing over the past three years.

This fact sheet shows the pledges made to the Green Climate Fund ahead of the November 2014 meeting in Berlin.

This paper summarises possible options for design elements of a Green Climate Fund allocation mechanism.

The allocation framework described in this paper is based on the assumption that the allocation decisions with regard to concrete proposals are taken by the Green Climate Fund Board based on agreed principles, priorities and criteria.

For the operation of the Green Climate Fund, it will be essential to define how the objective to promote paradigm shift towards low-emission and climate-resilient development pathways - as specified in the governing instrument – will be operationalised.

The Green Climate Fund's resource allocation framework will have to provide agreed principles and criteria for making transparent how decisions are taken on what will be financed, while at the same time taking into account the guiding principles of the governing instrument.