REPUBLIC OF GHANA
MINISTRY OF FINANCE
GREEN CLIMATE FUND
NATIONAL DESIGNATED
AUTHORITY (NDA)
REVISED OPERATIONAL MANUAL
ABRIDGED VERSION
March 2020
, GREEN CLIMATE FUND
NATIONAL DESIGNATED AUTHORITY (NDA)
REVISED OPERATIONAL MANUAL
ABRIDGED VERSION
March 2020
, 1.0 INTRODUCTION
Overview of the Green Climate Fund
The Green Climate Fund (GCF) is global financial
mechanism under the United Nations Framework
Convention on Climate Change (UNFCCC) to respond to
climate change by investing in low-emission (mitigation)
and climate-resilient (adaptation) development. It is created
to help developing countries respond to climate change
mitigation and adaptation activities and to strengthen their
national capacities to effectively and efficiently plan for,
access, manage and monitor international climate funds.
GCF also finances private sector projects relating to
mitigation and adaptation activities at all levels. It aims for
a 50:50 balance between mitigation and adaptation in its
portfolio in terms of funding, with special focus on
vulnerable countries. GCF provides countries with direct
access to the Fund and supports readiness and preparatory
activities to enhance country ownership and access to the
Fund.
What are the Objectives of the Fund?
The Green Climate Fund seeks to:
Reduce the greenhouse gas emissions of
developing countries and help them to adapt to the
impacts of climate change.
Promote the paradigm-shift towards low-emission
and climate resilient development pathways in the
context of sustainable development.
Build the capacity of public and private sector and
non-governmental organizations to access climate
funds.
2
MINISTRY OF FINANCE
GREEN CLIMATE FUND
NATIONAL DESIGNATED
AUTHORITY (NDA)
REVISED OPERATIONAL MANUAL
ABRIDGED VERSION
March 2020
, GREEN CLIMATE FUND
NATIONAL DESIGNATED AUTHORITY (NDA)
REVISED OPERATIONAL MANUAL
ABRIDGED VERSION
March 2020
, 1.0 INTRODUCTION
Overview of the Green Climate Fund
The Green Climate Fund (GCF) is global financial
mechanism under the United Nations Framework
Convention on Climate Change (UNFCCC) to respond to
climate change by investing in low-emission (mitigation)
and climate-resilient (adaptation) development. It is created
to help developing countries respond to climate change
mitigation and adaptation activities and to strengthen their
national capacities to effectively and efficiently plan for,
access, manage and monitor international climate funds.
GCF also finances private sector projects relating to
mitigation and adaptation activities at all levels. It aims for
a 50:50 balance between mitigation and adaptation in its
portfolio in terms of funding, with special focus on
vulnerable countries. GCF provides countries with direct
access to the Fund and supports readiness and preparatory
activities to enhance country ownership and access to the
Fund.
What are the Objectives of the Fund?
The Green Climate Fund seeks to:
Reduce the greenhouse gas emissions of
developing countries and help them to adapt to the
impacts of climate change.
Promote the paradigm-shift towards low-emission
and climate resilient development pathways in the
context of sustainable development.
Build the capacity of public and private sector and
non-governmental organizations to access climate
funds.
2