SANBI accredited as one of 41 UN Green Climate Fund partner institutions

Event date: 
2016-10-18 13:54

               
Introduction and background
 
Aim and mission
 
National designated authorities (NDA)
 
Accredited entities (AE)
 
Related links
 
 
   

 

Introduction and background
 

The Green Climate Fund was established by 194 countries party to the UN Framework Convention on Climate Change in 2010. It is designed as an operating entity of the Convention’s financial mechanism and is headquartered in the Republic of Korea. It is governed by a 24 Board member Board, representing countries, and receives guidance from the Conference of the Parties to the Convention (COP).

The Fund allocates its resources to low-emission and climate-resilient projects and programmes in developing countries. The Fund pays particular attention to the needs of societies that are highly vulnerable to the effects of climate change, in particular Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.

During the Twenty-first Conference of the Parties (COP21) to the UNFCCC in Paris, South Africa recognised the Green Climate Fund as a key part of the operating entity of the Financial Mechanism of the Convention, welcoming the pledges to the Fund and the decision taken by its Board to establish a 50:50 balance in the allocation of resources to climate mitigation as well as adaptation.

 

Mission and aims
 

The GCF mission is to expand collective human action to respond to climate change.
The Fund aims to mobilize funding at scale to invest in low-emission and climate-resilient development on our home planet. It also aims to support a paradigm shift in the global response to climate change.

 

National designated authorities
 

The Green Climate Fund recognises the need to ensure that developing country partners exercise ownership of climate change funding and integrate it within their own national action plans. GCF's Governing Instrument makes clear that the Fund will adopt a country-driven approach and strengthen program coherence and stakeholder coordination at the national level. That’s why in every developing country there are National Designated Authorities (NDAs), who are the interface between each country and the Fund. These Focal Points communicate the country’s strategic priorities for financing low-emission and climate-resilient development across its economy.

The Department of Environmental Affairs is the NDA for South Africa. Over 130 countries have selected NDAs to play this role. They are chosen by governments to act as the core interface between a developing country and the Fund. NDAs provide broad strategic oversight of GCF’s activities in a country and serve as the point of communication with the Fund. Funding proposals are submitted through these NDAs, ensuring that investments are aligned with local needs and existing climate change planning.

 

Accredited entities
 

The Green Climate Fund works through a wide range of Accredited Entities to channel its resources to projects and programmes. Such entities have different characteristics. They can be private or public, non-governmental, sub-national, national, regional or international, as long as they meet the standards of the Fund. Accredited Entities carry out a range of activities that usually include the development of funding proposals and the management and monitoring of projects and programmes. Countries may access GCF resources through multiple entities simultaneously.

The South African National Biodiversity Institute (SANBI) has recently received accreditation as one of 41 UN Green Climate Fund (GCF) partner institutions. SANBI is only the second South African institution to achieve Green Climate Fund accreditation, which enables the institute to process applications for funding for climate change adaptation and mitigation projects.

» Media statement: Minister Edna Molewa welcomes SANBI’s accreditation by the Green Climate Fund

 

Related links

 

   
South African National Biodiversity Institute (SANBI) 
United Nations Green Climate Fund
United Nations Framework Convention on Climate Change (UNFCCC)
 
 

 

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