Financial resources

Between 2008 and 2014, steadily increasing amounts were committed to the GCCA, to reach €316.5 million at the end of 2014 (see diagram). This makes it one of the largest climate initiatives in the world. 

This funding originates from the EU budget, the 10th European Development Fund (EDF) and contributions from Ireland, Sweden, Estonia, Cyprus and the Czech Republic (see next diagram). It includes fast start funding committed between 2010 and 2012 to meet the pledge made in 2009 at the 15th Conference of the Parties to the UNFCCC (Copenhagen) to support immediate action on climate change in developing countries. Fast start funding from the European Commission, Ireland, Estonia and Cyprus has contributed €104 million to GCCA-supported interventions in Africa, Asia and the Pacific.

Climate change knows no borders

The GCCA is now supporting 51 programmes in 38 countries and 8 regions and subregions across the globe, and more programmes are in preparation. 

To date, €234 million have been committed to support national programmes. The GCCA supports the mainstreaming of climate change into national development planning in two thirds of these countries. Support is being provided to adaptation programmes in climate-sensitive sectors such as agriculture, coastal zone protection and land and water management. The GCCA is also active in the fields of forest management, disaster risk reduction, and clean energy. These programmes in Africa, Asia, the Caribbean and the Pacific are strengthening the capacity of some of the most vulnerable developing countries to tackle climate change.

Often neighbouring countries that share a common geography face similar climate change challenges. As well as supporting individual countries, the GCCA is active at the regional level, supporting programmes that tackle climate change issues that cross the borders of individual countries. That means pooling resources, strengthening capacities, sharing knowledge and working in partnership with the regional organisations already in place to build on existing work and successes. To date, €60.8 million have been committed to support regional programmes.

For the latest information on climate funds please visit http://www.climatefundsupdate.org/listing/global-climate-change-allianc.

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