Unlocking Adaptation Finance at the Green Climate Fund
In July 2017, CJRF provided a $75,000 grant to the World Resources Institute (WRI) for its project “Unlocking Adaptation Finance at the GCF.” WRI will work through a consultative process to develop guidance for developing countries seeking to access finance for adaptation, particularly from the Green Climate Fund (GCF). WRI guidance will aid national authorities and ‘accredited entities’ in understanding how to improve adaptation planning processes and more effectively design adaptation proposals. CJRF intends for such guidance to increase the volume of finance going to adaptation, as well as enable community-based, small-scale activities to be funded. Additionally, WRI will use CJRF funds to support indigenous peoples’ (IP) organizations as they develop a global program for IP communities at the GCF.
Why World Resources Institute?
The World Resources Institute is working to fill an important gap at the Green Climate Fund (GCF): increasing finance for adaptation projects. WRI is developing guidance that will help applicants better understand what constitutes a fundable adaptation project and apply that knowledge to proposal design. WRI are well-positioned to do this because of their deep knowledge and long history with the GCF, and because they are trusted by a wide range of interested parties in the climate finance landscape.