Elements of GCF proposal
The Green Climate Fund (GCF) is the biggest global climate fund in existence that supports developing countries to address climate change. It aims to help countries achieve a paradigm shift towards low emission and climate resilient development, taking into account the needs and priorities of those countries most vulnerable to climate change impacts. Proposals submitted to the GCF can focus on either mitigation, adaptation or be crosscutting, and both private and public sector entities can submit proposals. Funding from the GCF can be in the form of grants, loans, equity or guarantees. This briefing is targeted at Small Island Developing States (SIDS) and Least Developed Countries (LDCs) that intend to pursue applications for GCF funding.
Developing strong GCF concepts and proposals requires time and engagement with a number of stakeholders. While not an exhaustive list, the elements in this briefing provide a guide for project proponents from SIDS and LDCs to consider when applying for GCF funding. Based on previous ITAP and GCF Secretariat’s assessments, the briefing highlights that addressing these elements can increase the chances of higher scores by the ITAP and GCF Secretariat. A strong evidence base, consistency with national priorities, stakeholder engagement, consideration of interlinkages between the proposed activities and the SDGs, a theory of change and gender integration, should all be addressed or included in the proposal within the specific context. Including these elements requires research and engagement with various government and non-government entities and coordination among those involved.