GWP Approved to Support Countries with GCF Readiness

During the UNFCCC COP25 climate change conference in Madrid, GWP received news that it had passed the “Financial Management Capacity Assessment” (FMCA) of the Green Climate Fund (GCF). This approval enables GWP to be a delivery partner of countries to access the GCF Readiness and Preparatory Support Programme (the Readiness Programme).

The immediate benefit is that the Readiness proposal, with GWP as the delivery partner, for the USD 2.5 million project “National Adaptation Planning for Climate Resilience in Zambia” can proceed in the approval process.

Longer term, GWP is now certified to support countries to strengthen the institutional capacities of countries, national consultative processes, direct access entities capacities, as well as mobilize the private sector with a view to access GCF resources. GCF National Designated Authorities (NDAs) may request up to USD 1 million per country per year for all readiness activities as well as up to USD 3 million per country to formulate national adaptation plans.

“This is a significant step for GWP, enabling our network of over 3,000 partners to bring its deep experience on water and climate change and its strong relationships at the national, regional, and global level, to strengthen the capacity of countries to unlock climate finance for climate-resilient water management,” said GWP Executive Secretary Monika Weber-Fahr.

GWP is currently working on nine GCF Readiness proposals with countries in Africa, Asia, and Latin America, with several more in advanced stages of discussion.

GWP has been working over several months in close collaboration with the GCF, WMO, national GCF focal points and access entities, as well as with national water authorities of 77 countries from Africa, Asia, the Mediterranean, Latin America, and the Caribbean to strengthen their capacity to develop a climate-resilient water management portfolio of actions. The result is regional partnerships and platforms that develop climate-resilient water projects with regional and national GCF-accredited entities and focal points.

In supporting countries in their work on National Adaptation Plans, GWP released the second edition of the Water Supplement to the UNFCCC NAP Technical Guidelines earlier this year.

Photo: GWP's Alex Simalabwi and Monika Weber-Fahr arriving at the COP25 venue in Madrid, Spain.