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GREEN CLIMATE FUND APPROVES USD 442,968 FOR HATOF Foundation’s READINESS PROPOSAL.

PRESS RELEASE

GREEN CLIMATE FUND APPROVES USD 442,968 FOR HATOF Foundation’s READINESS PROPOSAL.

The Green Climate Fund (GCF) Secretariat has approved HATOF Foundation’s Readiness Proposal for the amount of USD 442,968 for “Capacity Building and Knowledge Management on Climate Change for Civil Society Organizations (CSOs) in Ghana towards the implementation of the Nationally Determined Contributions.”

The proposal, which was approved on December 3, 2021, marks the first readiness targeting support to CSOs in Ghana and makes HATOF Foundation the first NGO in Africa to have a readiness proposal approved by the GCF.

This GCF Readiness aims to strengthen the capacities of 10 Ghanaian CSO networks to contribute efficiently in the Nationally Determined Contributions planning and implementation processes through:

  • Engaging the National Designated Authority, Direct Access Entities and GCF on project design, selection, budget preparation, implementation, monitoring and evaluation;
  • Developing a CSO-tailored training module on preparing funding proposals to leverage non-state actors’ engagement with the GCF;
  • Developing a five-year Civil Society Climate Change Agenda and Action Plan; and
  • Developing GCF Concept note proposing how this initiative could be up-scaled nationally to facilitate agreement on direction and access to financing.

The Readiness will build on and maximize the efforts of previous and existing support in climate change capacity building related initiatives to ensure that CSOs in Ghana have access to relevant, up-to-date information about climate change trends and risks, receive suitable training and have enhanced knowledge on climate financing and paradigm shift strategies.

Over time, the Readiness support will enhance CSOs technical and institutional expertise to develop and effectively implement low carbon development climate compatible projects and programmes to contribute to the country’s long-term sustainable development.

With Centre de Suivi Ecologique (CSE) as the delivery partner, the GCF has engaged the United Nations Office for Project Services (UNOPS) for grant management support to the Readiness Programme, including the establishment of a grant agreement, performance monitoring and disbursements for the amount of USD 442,968 under the agreement.

The Ministry of Finance, the National Designated Authority of the Green Climate Fund, will provide leadership in implementing the Readiness Programme.

About the HATOF Foundation

The Green Climate Fund is the world’s largest climate fund, mandated to support developing countries raise and realize their Nationally Determined Contributions (NDCs) ambitions towards low-emissions, climate-resilient pathways.

The Readiness and Preparatory Support Programme supports country-driven initiatives by developing countries to strengthen their institutional capacities, governance mechanism, and planning and programming frameworks towards a transformational long-term climate action agenda.

This Readiness is the fifth readiness the GCF has approved for Ghana.

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