Please take a look at the latest news & updates related to FAO Green Climate Fund project in this FIRST edition of the FAO-GCF newsletter.Through its partnership with the Green Climate Fund, FAO helps countries to access climate finance to build climate resilience & reduce Greenhouse gas emissions.
Over the last two years, FAO has more than doubled the size of its GCF portfolio, which reached a total value of USD 934.5 million by December 2021. To date, the portfolio consists of 15 high-impact projects in 5 regions, 56 readiness projects in 47 countries – including 6 rapid readiness grants for climate-resilient recovery strategies from the COVID-19 pandemic – and 7 projects as an implementing partner.
Despite the challenges brought about by the COVID-19 pandemic, momentum for climate action has been gaining ground: 12 transformative FAO-led GCF projects have progressed to the implementation phase.
Take a look at this 1st Edition:
