ECOWAS Holds Workshop on Green Climate Fund

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THE Economic Community of West African States, ECOWAS, commission in partnership with the United Nations Green Climate Fund, GCF, is holding a three-Day capacity building workshop for accessing the Green Climate Fund.

The Green Climate Fund was established by the sixteenth session of the Conference of the Parties, COP, of the United Nations Framework Convention on Climate Change, UNFCCC, held in Cancun in 2010,

The fund is a unique global platform to respond to climate change by investing in low-emission and climate-resilient development. The GCF was established by 194 governments to limit or reduce greenhouse gas, GHG, emissions in developing countries, and to help vulnerable societies adapt to the unavoidable impacts of climate change. The Fund is mandated to make an ambitious contribution to the united global response to climate change including Paris Agreement.

The training Workshop which will take place at the ECOWAS Commission, Abuja is geared towards assisting member states to develop and implement development projects and programmes taking in to account climate change concerns.

Besides, the training is meant to strengthening the engagement of the countries in the region with the GCF with a view of better harnessing the range of opportunities offered by the GCF.

In furtherance of the drive to enhance the capacity of ECOWAS member states and the ECOWAS Commission to access international sources of climate finance, the current effort will bring together the GCF’s National Designated Authorities, NDA, in the ECOWAS members states and other national or regional institutions as well as experts from the GCF board.

The GCF is expected to provide simplified and improved access to funding through multiple of access modalities, including the private sector.

The Green Climate Fund is the only stand-alone multilateral financing entity whose sole mandate is to serve the Convention and that aims to deliver equal amounts of funding to mitigation and adaptation.

—  Sep 6, 2016 @ 14:40 GMT

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