The Secretariat of the Green Climate Fund (GCF) has issued a call for public inputs on aspects relating to the development of the Fund's investment framework.
The call follows the adoption by the GCF Board of the Fund's initial investment framework in May 2014, and inputs will feed into the Board's consideration of the framework's further development.
7 August 2014: The Secretariat of the Green Climate Fund (GCF) has issued a call for public inputs on aspects relating to the development of the Fund’s investment framework. The call follows the adoption by the GCF Board of the Fund’s initial investment framework in May 2014, and inputs will feed into the Board’s consideration of the framework’s further development.
Issued on behalf of the GCF Board’s Investment Committee, on 7 August, with a deadline for submissions on 18 August 2014, the call invites individuals, organizations and interested entities to contribute to the development of three elements of the GCF’s investment framework: definitions for activity-specific sub-criteria and a set of activity-specific indicators; minimum benchmarks for each criterion, taking into account the best practices of relevant institutions; and methodologies for assessment of the relative quality and innovativeness of comparable funding proposals in comparable circumstances.
The call specifies that the Secretariat is particularly interested in inputs coming from practitioners and researchers. Information on the format, required content, and form of delivery of the submissions is also provided.
The GCF, established in 2010, contributes to the ultimate objective of the UN Framework Convention on Climate Change (UNFCCC) by providing support to developing countries to limit or reduce their greenhouse gas (GHG) emissions and adapt to the impacts of climate change. [GCF Call for Public Inputs] [GCF Website] [IISD RS Story on GCF Board Meeting in May 2014]