UNIDO and GCF formalize partnership

UNIDO and GCF formalize partnership

KATOWICE, 3 December 2018 – The United Nations Industrial Development Organization (UNIDO) and the Green Climate Fund (GCF) signed a Readiness Framework Agreement to enable developing countries to partner with UNIDO on activities enhancing their access to GCF.

The Agreement was signed during the United Nations Climate Change Conference (COP24) by UNIDO Managing Director of Programme Development and Technical Cooperation, Philippe Scholtès, and GCF Director of Country Programming, Pa Ousman Jarju. The GCF is a global fund created to support the efforts of developing countries to respond to the challenge of climate change. It helps developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change.

The GCF Readiness Programme aims to enhance country ownership and access to the Fund; it provides resources of up to US$1 million per year to strengthen the institutional capacities of national focal points and Direct Access Entities.

As a GCF Readiness delivery partner, UNIDO will engage through national stakeholders to develop GCF Readiness Projects in a number of sustainable energy and climate change areas. UNIDO will also develop a programme of industrial energy efficiency for GCF Readiness projects as this is the most cost-effective mechanism for reducing GHG emissions and improving industrial competitiveness.

UNIDO already has experience with the Readiness Programme through the Climate Technology Centre and Network (CTCN), the operational arm of the UNFCCC Technology Mechanism, which is hosted by UN Environment and UNIDO.

For more information, please contact:

Juergen Hierold

Chief and GEF Coordinator

UNIDO Department of Programmes, Partnerships and Field Integration

Email

Simon Wilson

Head of Communications a.i.

Green Climate Fund

Email