FAO and the Green Climate Fund partnering for climate action 

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FAO's Green Climate Fund (GCF) team led two side events at COP27 in Sharm El-Sheikh, Egypt on unlocking climate finance for agrifood system transformation and scaling up climate resilient and low carbon value chains through AFOLU sectors in Africa.

Accelerating access to climate finance

Transitioning towards low-emission, climate-resilient food systems is key to improving the livelihoods of rural communities that depend on natural resources for their well-being. Since becoming partners in 2016, the Food and Agriculture Organization of the United Nations (FAO) and the Green Climate Fund (GCF) have been scaling up climate investments in high-impact projects that make the agriculture, forestry and fisheries sectors more efficient, inclusive, sustainable and resilient to climate change.

By leveraging global partnerships, FAO catalyses public and private investments in agriculture that promote innovative climate change adaptation and mitigation actions and drive the United Nations 2030 Agenda for Sustainable Development.

The countries most vulnerable to climate change – in particular African States, Least Developed Countries (LDCs) and Small Island Developing States (SIDS) – urgently need access to climate finance to achieve the adaptation and emissions reduction targets laid out in their Nationally Determined Contributions (NDCs), under the United Nations Framework Convention on Climate Change (UNFCCC). NDCs play a pivotal role in achieving the goal of the Paris Agreement, as they outline countries’ climate plans and contributions towards limiting global warming to well below 2 degrees Celsius above pre-industrial levels.

 

 

 

 

 

 

 

 

Focus areas

FAO helps countries catalyse investments that are in line with country priorities and GCF results areas as well as FAO’s Strategic Framework, which supports the transformation to more efficient, inclusive, resilient and sustainable agrifood systems for better production, better nutrition, a better environment, and a better life, leaving no one behind. These focus areas include:

Project maps 
Map of FAO-GCF funding proposals and multicountry projects

FAO works with countries to design and implement high-impact GCF projects that build climate resilience and reduce greenhouse gas emissions.

FAO-GCF Readiness Programme projects

FAO supports countries’ efforts to access grants under the GCF Readiness Programme to lay the groundwork for and enhance climate change adaptation and mitigation action. 

Publications

FAO’s GCF work in numbers:

USD 1 billion is the total value of FAO’s GCF portfolio

17 FAO-led projects    in ArgentinaArmeniaBeninChileColombia,    CongoCôte d'IvoireCubaEl Salvador, the GambiaGuatemalaJordanKyrgyzstanNepalPakistanParaguay  and Sudan

USD 70 million is the value of FAO services as a partner with other Accredited Entities for 8 approved projects in the Central American Dry Corridor and the Arid Zones of the Dominican RepublicEcuadorMozambiqueNicaragua,    PalestineParaguayTimor-Leste and Zambia)  

74 readiness projects valued at USD 50.1 million, including USD 2.3 million for climate-resilient recovery strategies.

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