Green Climate Fund confirms FAO`s role in supporting countries` access to climate action resources
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FIGURE; The diverse and wide range of projects in FAO’s GCF portfolio improve livelihoods and food security with climate-resilient crops, agroforestry, sustainable fisheries, and better land and water management. ©FAO/Robic Upadhayay
FAO 25/10/2023
Rome - The Food and Agriculture Organization of the United Nations (FAO) has welcomed the renewal of its accreditation by the Green Climate Fund (GCF), a decision announced this Wednesday during the 37th meeting of the GCF Board. The reaccreditation reaffirms FAO's unwavering dedication to advancing climate action through agrifood system transformations and supporting countries in addressing the challenges posed by climate change.
FAO's initial accreditation by the GCF Board, effective in October 2018, marked the beginning of a highly successful partnership, which has since played a crucial role in supporting access to climate finance for developing countries. Over the years, this partnership has grown substantially, with $1.2 billion dollars now invested in climate projects.
“We are delighted with the Board’s decision to confirm FAO’s reaccreditation with the Green Climate Fund. With this affirmation, we can step up our efforts in supporting countries to deliver climate solutions and actions that transform agrifood systems for a more sustainable and food secure future for all,” said FAO’s Deputy Director-General, Maria Helena Semedo.
The GCF Accreditation is a formal recognition process that allows entities to access and manage financial resources from the GCF for climate-related projects and activities of countries. Accredited Entities play a pivotal role in facilitating the Fund’s mission to support developing countries in their efforts to combat climate change and its adverse effects.
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