National Climate Funds an Opportunity for Countries to Manage Climate Finance

Nadi, Fiji - Accessing and utilizing global climate financing from sources such as the Green Climate Fund (GCF) and other multilateral and bilateral funds, provides the opportunity for governments to scale up national climate change adaptation and mitigation activities. 

However, for countries to receive these funds, robust finance and governance structures need to be in place to support the effective efficient and accountable implementation of activities that are funded by these global climate financing mechanisms. Through the National Climate Funds (NCFs), countries now have an opportunity to set up a system that can mobilise climate finance at the national level. 

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Source: UNDP Office