Green Climate Fund

Over 100 participants from government and non-governmental organisations and agencies are involved in the workshop, hosted by the Climate Change and Development Authority (CCDA).

GCFs’ visit to PNG is to facilitate the readiness and preparatory stage for the purposes of accessing climate finance.

GCF was established to assist developing countries finance their mitigation and adaptation programs.

The signing of the Privileges and Immunities Agreement paved the way for officials from GCF to enter PNG and work with the government.

Minister for Environment and Conservation, John Pundari, said in Parliament on Friday that this is a way forward for CCDA as the national designated authority for the Green Climate Fund (GCF).

GCF was established to assist developing countries finance their mitigation and adaptation programs. 

Pundari said the aim is to create a strong financial management system which meets the GCF’s requirements and standards.

He highlighted that CCDA would like to qualify to be an accredited entity, for the purpose of accessing direct finance from the Green Climate Fund.

This was announced in Parliament on Friday October 28 by Minister for Environment and Conservation John Pundari.

GCF was established to assist developing countries finance their mitigation and adaptation programs.

Minister for Foreign Affairs and Immigration Rimbink Pato recently signed the Privileges and Immunity Agreement with Green Climate Fund (GCF) in New York, USA.

This enables PNG to secure assistance from development partners and international organisations to combat the effects of climate change.

Minister for Foreign Affairs and Immigration Rimbink Pato recently signed the Privileges and Immunity Agreement with Green Climate Fund (GCF) in New York, USA.

GCF was established to assist developing countries finance their mitigation and adaptation programs.

This follows the recent deposition of the instruments of ratification at the United Nations Headquarters in New York which formalised the application of the Climate Change Paris Agreement.

“It’s a paradox,” said Anote Tong, the president of Kiribati in December.