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Navigating the Path to Climate Finance: Addressing Technical and Institutional Challenges in Securing GCF Projects for Climate Vulnerable Countries

  • Information
    Navigating the Path to Climate Finance: Addressing Technical and Institutional Challenges in Securing GCF Projects for Climate Vulnerable Countries - Information
    Matched Team Team 31
    Name Md Abdul Latif Country Bangladesh
    Scholarship Global Ambassador Fellowship Email Address alatif005@kdis.ac.kr
    Year 2016 Program Else
    Workplace Category Academia Workplace Bangladesh Institute of Governance and Management (BIGM)
    Department Training and Development Wing; Additional Charge Strategic Planning Wing Position Additional Director and Wing Chief, Training and Development Wing
  • Brief intro of project
    Navigating the Path to Climate Finance: Addressing Technical and Institutional Challenges in Securing GCF Projects for Climate Vulnerable Countries - Brief intro of project
    Title Navigating the Path to Climate Finance: Addressing Technical and Institutional Challenges in Securing GCF Projects for Climate Vulnerable Countries
    Sustainable Development Goals 13. Climate Action
    Timely Global Issues 2. Comparative Policy Analysis
    Climate Change
    Summary of your project This study aims to investigate the technical and institutional challenges faced by climate-vulnerable developing countries, such as Bangladesh, Chad, Somalia, and Small Island Developing States (SIDS), in securing funding from the Green Climate Fund (GCF). As a key mechanism under the United Nations Framework Convention on Climate Change (UNFCCC), the GCF plays a crucial role in supporting climate change adaptation and mitigation efforts. Despite being among the most affected by climate change, these countries often struggle to access the financial resources necessary for implementing effective adaptation and mitigation strategies. The research focuses on identifying key barriers that hinder successful GCF project proposals, including limited technical expertise, complex application processes, insufficient stakeholder engagement, and inadequate data availability. By analyzing case studies from various climate-vulnerable countries, the study will highlight specific challenges and showcase best practices for navigating the GCF funding landscape.

    Through a comprehensive review of existing literature, interviews with key stakeholders in the targeted countries, and analysis of both successful and unsuccessful project proposals, this study aims to provide actionable recommendations for enhancing the capacity of vulnerable nations to secure GCF funding. Ultimately, this research seeks to empower climate-vulnerable countries to overcome barriers to climate finance, allowing them to implement sustainable solutions against climate change.
  • Alumni or organization want to cooperate with
    Navigating the Path to Climate Finance: Addressing Technical and Institutional Challenges in Securing GCF Projects for Climate Vulnerable Countries - Alumni or organization want to cooperate with
    Specific alumni in mind
    Specific nationality of the alumni in mind The target participants are from climate-vulnerable developing countries
    Specific organization(s) / workplace(s) in mind
    Specific work position(s) in mind
  • Details of Cooperation Project
    Navigating the Path to Climate Finance: Addressing Technical and Institutional Challenges in Securing GCF Projects for Climate Vulnerable Countries - Details of Cooperation Project
    Objective of the Project The project's main goal is to help climate-vulnerable developing countries overcome technical and institutional barriers to accessing funding from the Green Climate Fund (GCF), enabling the implementation of effective and sustainable climate adaptation and mitigation strategies. The specific objectives of the project are as follows:
    a) To analyze the current institutional framework, technical facilities, and practices for channeling the Green Climate Fund (GCF) towards climate adaptation and mitigation projects in the case study countries;
    b) To identify the key technical and institutional challenges that are hindering for successfully securing GCF funding for these projects;
    c) To offer actionable policy recommendations for improving the capacity of vulnerable to secure GCF funding.
    Expected Benefits from the Project The project is expected to yield the following benefits:
    a) Strengthening the institutional frameworks and technical capacities of climate-vulnerable countries;
    b) Improving the capacity of officials to effectively apply and implement GCF-funded projects;
    c) Ensuring greater access to the GCF by identifying and addressing institutional and technical barriers, as well as implementing critical climate adaptation and mitigation strategies;
    d) Enhancing stakeholder engagement, facilitating knowledge sharing among climate-vulnerable countries by documenting challenges and solutions, and fostering a collaborative learning environment;
    e) Contributing to global climate action, building long-term resilience in climate-vulnerable countries, and promoting sustainable development.
    Anything you would like to inform the potential partner To conduct a comprehensive case study, it is vital to understand each climate-vulnerable country's experience with climate finance, especially regarding the Green Climate Fund (GCF). This understanding is key to the study project’s successful implementation.

    We stress the need for collaboration throughout this process, as effective communication and cooperation are essential for the project's progress and success. We look forward to working together to achieve meaningful outcomes for climate-vulnerable countries.