GCF Board Paves Way for the Fund’s First Replenishment, Looks Forward to Increasing Impact

The 22nd meeting of the Green Climate Fund (GCF) Board discussed the Fund’s first replenishment and strategic programming, and steps required to strengthen operations, reinforce standards and close policy gaps. The Board approved: nine new climate resilience and low greenhouse gas (GHG) emission projects totaling USD 440 million in GCF resources; and applications for accredited entities from Armenia, Australia, Benin, Luxembourg, Mexico, Morocco, Nepal, New Caledonia and Pakistan. The Board also announced Yannick Glemarec as the new GCF Executive Director.

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