T.23. Global Climate Finance Architecture

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T.23. Global Climate Finance Architecture

About	The global climate finance architecture is directed through multilateral funds like the Global Environment Facility and the Climate Investment Funds, and increasingly through bilateral channels.
Strategic Climate Fund	Administered by the World Bank Area of focus – Adaptation, Mitigation – general, Mitigation – REDD Date operational – 2008 The Strategic Climate Fund (SCF), part of the Climate Investment Funds (CIFs), oversees programs focusing on Forest Investment, Climate Resilience, and Scaling Up Renewable Energy.
Forest Investment Program	Administered by The World Bank Area of focus – Mitigation – REDD Date operational – 2009 The Forest Investment Program (FIP) aids developing countries in reducing deforestation and promoting sustainable forest management, leading to emission reductions and carbon protection.
Biocarbon Fund	Administered by The World Bank Area of focus – Adaptation, Mitigation – general, Mitigation – REDD Date operational – 2004
Least Developed Countries Fund	Administered by The Global Environment Facility (GEF) Area of focus – Adaptation Date operational – 2002
Green Climate Fund	Administered by – to be confirmed Area of focus – Adaptation, Mitigation – general, Mitigation – REDD Date operational – 2015
UN-REDD Programme	Administered by UNDP Area of focus – Mitigation – REDD Date operational – 2008
Adaptation for Smallholder Agriculture Program	Administered by the International Fund for Agricultural Development Area of focus – Adaptation Date operational – 2012
Amazon Fund (Fundo Amazonia)	Administered by Brazilian Development Bank (BNDES) Area of focus – Mitigation – REDD Date operational – 2009
Congo Basin Forest Fund	Administered by African Development Bank Area of focus – Mitigation – REDD Date operational – 2008
Indonesia Climate Change Trust Fund	Administered by Indonesia’s National Development Planning Agency Area of focus – Adaptation, Mitigation – general, Mitigation – REDD Date operational – 2010
One Planet Summit	At least 50 countries committed to protecting 30% of the planet, including land and sea, over the next decade to halt species extinction and address climate change issues. The summit launched a program called PREZODE, an international initiative to prevent the emergence of zoonotic diseases and pandemics.
Petersberg Climate Dialogue	Petersberg Climate Dialogue, hosted by Germany, serves as a forum for high-level political discussions on international climate negotiations and climate action advancement. The virtual XI Petersberg Climate Dialogue, co-chaired by Germany and the United Kingdom, addressed post-COVID-19 economic recovery and climate action, especially for the vulnerable.