📋 Tender Overview
Designed as an operating entity of the United Nations Framework Convention on Climate Change (UNFCCC)’s financial mechanism, the Green Climate Fund (GCF) is the largest multilateral climate fund financing exclusively climate mitigation and adaptation projects in developing countries. Switzerland advocates in the GCF governing board for high impact climate projects with maximum development cobenefits, social inclusion and conflict-sensitivity.
Country/region Topic Period Budget
Global
Climate change and environment
Environmental policy
01.01.2024 - 31.12.2027
CHF 135’000’000
The project in brief
Area of responsibility The mission of the Green Climate Fund (GCF) is to help developing countries reduce their greenhouse gas emissions (mitigation) and enhance their ability to respond to climate change (adaptation), striving for transformation change at scale. The GCF is the most important global climate fund. It opts for a resource allocation of 50% to mitigation and 50% adaptation, of which minimum 50% to the most vulnerable countries. The fund can deploy a variety of financial instruments, including grants, concessional loans, debt, equity, and guarantees to maximize private co-investment. It can provide funds directly to accredited national entities which is expected to enhance country ownership and related capacity development.
Switzerland's and the organisation's strategic priorities and their coherence Adressing climate change and managing natural resources sustainably is one of the top priorities of the Swiss International Cooperation Strategy 2021-2024. The GCF, being one of 16 priority multilateral organizations according to the above mentioned Swiss Strategy, is a key partner to achieve this objective. The GCF has a special focus on the needs of the most vulnerable developing countries. GCF further maximizes its impact by means of a genderresponsive approach – one of the cross-cutting themes in the Swiss Strategy. Through GCF’s established corporate priorities on (1) mitigation, (2) adaptation and (3) private sector engagement, the GCF delivers on the priorities of Swiss International Cooperation, namely sustainable economic growth, reducing global risks and strengthing public services, as well as fostering peace and strengthing governance.
Results of the organisation's previous engagement To date, the GCF has approved 228 projects totalling $12.7 billion, benefitting an anticipated 638 million people with increased resilience and avoiding 2.9 billion tonnes of CO2 equivalents (information based on ex-ante expected results, not ex-post verified). Swiss contribution to the GCF is managed jointly by SDC, SECO and FOEN through the interdepartmental coordination platform PLAFICO. Achieved results are: On the Board, Switzerland has been amongst the more active and influential members, focusing on key issues notably the new strategic plan (2024-2027), accreditation strategy and the re-accreditation of MDBs, process improvements, gen
