Belize selected by the GCF for case study on climate financed projects
- Government & PoliticsHealth & ScienceLands, Natural Resources & Environment
- April 5, 2023
- No Comment
The Green Climate Fund (GCF) has selected Belize for a case study based on its aggressive implementation of climate-financed projects. Last week, the Ministry of Economic Development, which is Belize’s National Designated Authority (NDA) to the (GCF), hosted representatives from the GCF Independent Evaluation Unit (IEU). The IEU ensures the GCF is accountable and effective by conducting independent evaluations of its activities. Given its robust readiness and implementation capacity, Belize was identified as one of the countries for the preparation of a case study to inform the evaluation. The mission aimed to learn about the country’s experience with the GCF and to collect information from stakeholders on the relevance and effectiveness of the GCF Readiness and Preparatory Support Programme. This is a result of Belize having a very comprehensive readiness portfolio of 15 national and regional readiness projects in various areas and sectors. These projects will further enable the country to meet its climate change goals and access the urgently needed climate finance to be able to adapt and mitigate climate change impacts.