WWF and GCF
International Accredited Entity of the Green Climate Fund (GCF)
WWF and GCF
International Accredited Entity of the Green Climate Fund (GCF)
WWF as an Accredited Entity of the Green Climate Fund (GCF)
GCF is a global fund created by the 194 countries that are parties to the United Nations Framework Convention on Climate Change (UNFCCC). It aims to support the efforts of developing countries to respond to the challenge of climate change. By promoting a paradigm shift to low-emission and climate-resilient development, the fund considers the needs of nations that are particularly vulnerable to climate change impacts. GCF invests in climate change adaptation and mitigation activities in developing countries by managing a project portfolio that is implemented by its partner organizations, known as Accredited Entities (AEs).
As the world's leading conservation organization, WWF works in nearly 100 countries and is supported by more than one million members in the United States and close to five million globally. WWF’s unique way of working combines global reach with a foundation in science, involves action at every level from local to global, and ensures the delivery of innovative solutions that meet the needs of both people and nature. WWF-US serves as the accredited entity on behalf of the global network.
WWF was accredited by the GCF in December 2016. The role of a GCF AE is to act as an intermediary between on-the-ground project developers/executors and the GCF. For project developers, the AE helps them prepare and negotiate their funding proposals with the GCF. For the GCF, the AE ensures that during design and implementation the projects comply with high environmental, social, and financial standards for overall delivery.