The Green Climate Fund (GCF) is a new global fund created to support the efforts of developing countries to respond to the challenge of climate change. GCF helps developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change.The Green Climate Fund (GCF) is a new global fund created to support the efforts of developing countries to respond to the challenge of climate change. GCF helps developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change.It seeks to promote a paradigm shift to low-emission and climate-resilient development, taking into account the needs of nations that are particularly vulnerable to climate change impacts. http://www.greenclimate.fund/home.
The National Environment Management Authority (NEMA) got accredited as an Implementing Entity under Direct Access with Green Climate Fund (GCF) in March 2016. It is now one of the 33 institutions globally authorized to carry out GCF projects. As such, NEMA can carry out a series of activities which include developing and submitting funding proposals for projects and programmes, overseeing management and implementation of projects and programmes, deploying a range of financial instruments within its capacity and mobilizing private sector capital.
Accredited entities refers to National legal entities/organizations nominated by National Designated Authorities (NDAs) and accredited by the GCF to design eligible projects for funding from the GCF. These entities bear full responsibility for the overall management of the project and programmes in terms of financial, monitoring and reporting responsibilities. In Kenya, the National Treasury (NDA) serves as the point of communication with the Fund.
L-R_NIE coordinator Ms. Wangare Kirumba takes PS, Department of Natural Resources Dr. Margaret Mwakima, Laikipia Governor, H.E. Joshua Irungu and other dignitaries through AF and GCF programmes during World Environment Day 2016 at Nanyuki, Laikipia County [PHOTO: MARY AMONDO: NEMA]