Home » Posts tagged 'gcf'
Tag Archives: gcf
The Green Climate Fund (GCF) aims to multiply current actions and responses to climate change while deploying unprecedented levels of funding to invest in low-emission and climate-resilient development in the battle to save our Earth. The Caribbean Community Climate Change Centre (CCCCC) was accredited as a regional implementing entity by to this key multilateral financing mechanism to support climate action in developing countries on July 09, 2015.
The Executive Director of the CCCCC, Dr. Kenrick Leslie says “It speaks to the high calibre of work being done in the region and the strength of our internal systems. We will now move forward with a set of ambitious and bankable projects that we have been developing under a directive from CARICOM Heads”.
The first GCF “Readiness Week” was held from April 25 to 29th, 2016 to assist direct access entities in developing their project ideas. The event brought together the centre and 12 other accredited direct access entities and 27 developing countries to share project concepts and project proposals with each other. Caribbean Countries represented at the session included Antigua & Barbuda, Barbados and Guyana.
The CCCCC was represented by Sharon Lindo, International & Regional Policy Advisor and Dr. Mark Bynoe, Senior Economist and the Head of Project Development Management Unit.
According to Dr. Bynoe “The recent workshop demonstrates the Green Climate Fund’s aspirations to fulfill its fit-for-purpose mantra. The workshop clearly demonstrates that the institution and its Board have been listening to the issues raised by Small Island Developing States (SIDS) and is seeking to address these through its Enhanced Direct Access approach. This is a step in the right direction and one should be applauded and encouraged.”
At the close of the session, GCF’s Executive Director Héla Cheikhrouhou reiterated to participants that “GCF’s role is to provide you with the necessary support so that you can lead transformative changes in your countries and regions…You are a trusted GCF partner, and the Fund can only be successful if you deliver on bringing about significant projects or programmes.”
Looking forward from the Sodongo Readiness session, GCF Regional Advisers will schedule calls with focal points to check on work programmes and also to organize group webinars to bring entities together for briefings on specific issues.
As the first regionally accredited organization, the CCCCC is now the interface and conduit for GCF funding to the Small Island Developing States (SIDS) of the Caribbean. Applications for GCF funding takes place in consultation with country focal points (NDAs) and the CCCCC.
For further information on GCF Funding, please contact your National Designated Authority listed below or the Caribbean Community Climate Change Centre at http://www.caribbeanclimate.bz/ .
Antigua and Barbuda
Environment Division of the Ministry of Agriculture, Lands Housing and the Environment Her Excellency Ambassador Diann Black‐Layne Environment Division Chief Environment Officer and Ambassador for Climate Change Botanical Gardens, Factory Rd., St. John’s, Antigua Tel.: +1 268 464 6410 E‐mail: email@example.com
The Ministry of the Environment Housing Ms. Camille Johnson Permanent Secretary P.O. Box N 4849, Nassau, N.P. The Bahamas Tel.: +242 322 6005; +242 322 6006 E‐mail: firstname.lastname@example.org E‐mail: email@example.com
Ministry of Finance and Economic Affairs Dr. Louis Woodroffe Permanent Secretary, Economic Affairs Warrens Office Complex, Warrens, St. Michael, Barbados Tel.: +1 246 310 1302 Fax: +1 246 425 1100 E‐mail: Louis.firstname.lastname@example.org
Ministry of Finance and Economic Development Her Excellency Sharman Yvonne Hyde Chief Executive Officer Ground Floor, Right Wing, Sir Edney Cain Building Belmopan City, Cayo District, Belize, Central America Tel.: +501 822 2626; +501 822 2527; +501 822 1495 E‐mail: email@example.com
Ministry of Finance Mr. Samuel Carrette Chief Development Planner 5th Floor, Financial Centre Kennedy Avenue, Roseau, Commonwealth of Dominica Tel.: +1 767 266 3221; +1 767 266 3561 Fax: +1 767 448 0054 E‐mail: firstname.lastname@example.org E‐mail: email@example.com
Ministry of Economic Development, Planning, Trade, Cooperatives and International Business Mr. Timothy Antoine Permanent Secretary Financial Complex, Carenage, St. George’s, Grenada Tel.: +1 473 440 2928; +1 473 440 2731; +1 473 440 2732 Fax: +1 473 440 4115 E‐mail: firstname.lastname@example.org
Ministry of the Presidency His Excellency Mr. Joseph Harmon, M.P. Minister of State Vlissengen Road, Bourda, Georgetown Co‐operative Republic of Guyana Tel.: +592 225 0582 E‐mail: email@example.com E‐mail: firstname.lastname@example.org
Ministry of Environment Mr. Moise Jean‐Pierre # 11 Rue , Pacot, Port‐au‐Prince, Haiti Tel.: +509 3701 2694 E‐mail: Moisejp8@hotmail.com
Ministry of Water, Land, Environment & Climate Change Mr. Albert Daley Principal Director, Climate Change Division 16A Half Way Tree Road, Kingston 5, Jamaica Tel.: +876 906 0724; +876 633 7351; +876 633 7354 E‐mail: Albert.email@example.com
Ministry of Finance, Economic Affairs and Social Dr. Reginald Darius Permanent Secretary Castries, Saint Lucia Tel.: +1 758 468 5503; +1 758 285 0200 Fax: +1 768 452 6700 E‐mail: firstname.lastname@example.org
Saint Kitts and Nevis
Department of Physical Planning and Environment Ms. June Hughes Senior Environment Officer Bladen Commercial Development Wellington Road Basseterre, St. Kitts Tel.: +1 869 465 2277 Fax: +1 869 465 5842 E‐mail: email@example.com
Saint Vincent and the Grenadines
Ministry of Finance and Economic Planning Ms. Laura Anthony‐Browne Director of Planning Administrative Centre, Bay Street, Kingstown Sait Vincent and the Grenadines Tel.: +1 784 457 1746 E‐mail: firstname.lastname@example.org
Ministry of Finance His Excellency Mr. Gillmore Hoefdraad Minister Tamarindelaan 3 Tel. (597) 472610 E‐mail: email@example.com E‐mail: firstname.lastname@example.org
President of the Caribbean Development Bank (CDB) Dr. Warren Smith says the Green Climate Fund (GCF), a new multilateral initiative, must achieve three short-term objectives if it is to be different, make a significant contribution to transforming Caribbean economies and create low carbon, climate-resilient societies in the region.
Third, this Fund must pay particular attention to the needs of those developing countries which are most vulnerable to climate change.
In underscoring the importance of this Fund, Dr. Smith said,
We, in the Caribbean, share the vision of the founders of this Fund, as enunciated in its Governing Instrument that, “given the urgency and seriousness of climate change …the Fund is to make a significant and ambitious contribution to the global efforts towards attaining the goals set by the international community to combat climate change”
To ensure that [developing] countries can access the Fund on equal terms, when it is fully operational, the Board must advance, in a meaningful manner, its work programme on climate finance readiness and preparatory support.
The GCF Board members from Barbados and Zambia, representing the Small Island Developing States and Least Developed Countries constituencies, have called for the prioritisation of activities related to readiness and preparatory support during the design of the Fund, as developing countries in these groups have, traditionally, not accessed climate finance at levels commensurate with their high vulnerability to climate change.
Take, for example, the case of the Caribbean. Of the 694 national projects approved by the Global Environment Facility (GEF) under its climate change focal area between FY 1991 and FY 2013, only 33 national projects from CARICOM countries received support. This represents a mere USD24 million or less than 1% of the total USD2.5 billion grant financing provided by the GEF for national climate action. The amount allocated to the Caribbean must be seen in the context of a worsening of the climate change phenomenon and of economic losses in excess of USD1 billion in three Caribbean countries for 2012 alone.
This inability of Caribbean countries to access climate financing can be directly attributed to institutional constraints; to difficulty in identifying priorities and developing coherent investment programmes; and to serious deficiencies in capacity to effectively and efficiently implement projects and programmes.
It is extremely important to note that, in general, the burdensome criteria attached to accessing resources are often by themselves a deterrent to access.
The situation is complicated by the monitoring and reporting requirements to evaluate outcomes.
Therefore, if these countries and other countries with similar capacity constraints are to benefit from the GCF, it is crucial that focus is placed on “climate finance readiness” at the national, regional and international levels ~Dr. Warren Smith
Despite these challenges, Dr. Smith notes that there is consensus, at the highest political levels in the Caribbean, on the way forward.
Leaders have endorsed a Regional Climate Change Strategy and Implementation Plan to guide national and regional efforts towards building climate-resilient, low-carbon economies. This effort will require transformational change by national governments, regional organisations, civil society and the private sector, underpinned by an unprecedented level of financial resources and technical assistance. Within the context of the regional Implementation Plan, CDB has been assigned, and takes seriously, the role of spearheading the Region’s resource mobilisation efforts.
Dr. Smith says the region must boost capacity (policy, institutional, expertise and accountability) and develop investment-ready, low-carbon climate-resilient projects and programmes to benefit from the GCF and other new flows of low-carbon, climate-resilient financing.
** The workshop was convened by CDB, in partnership with the Green Climate Fund and the Government of Germany through GIZ.