National Climate Finance Institutions Support Programme
As of: March 2021
The project helped national climate finance institutions (CFIs) in Africa, Asia and Latin America to develop their institutional capacity. Training enabled the CFIs to successfully attract national and international funding for climate finance and to invest this in national mitigation actions. CFIs must meet precisely defined fiduciary standards in order to apply successfully for funding for national mitigation or adaptation projects via direct access, for instance to the Green Climate Fund (GCF). In addition to needs-based, direct consultancy provided to selected CFIs on compliance with fiduciary standards, the project also facilitated supra-regional workshops in Asia, Africa and Latin America. An online forum allowed direct exchange of best practices and experience among emerging economies and developing countries.
State of implementation/results
- Project completed
- Climate finance institutions in the target countries Benin, Costa Rica, El Salvador, Ghana and Vietnam have been supported by tailor made capacity development measures
- Peer-to-peer learning has been facilitated within a forum of Climate Finance Institutions
- Policy briefs on relevant issues with regard to international climate finance have been published