At a Glance
|Strategic Outcomes||SO1, SO2, SO4, SO5, SO6|
|Start Date||Q1 Feb 26 2019|
|End Date||q1 Jan 31 2021|
|Actual Budget (USD)||399,199|
|Actual Expenditure (USD)||133,624.62|
|GGGI Share (USD)||399,199.25|
|Poverty and Gender Policy Markers||poverty|
|Name of Client (Lead/Prime implementer if GGGI is part of a consortium)||Ministry of Finance, Planning and Economic Development (MoFPED)|
|Participating Organization (Funding/donor)||Green Climate Fund|
|Name of consortium members, if any|
Project context, objectives and description
Government of Uganda (GoU) places high priority in accessing climate finance to assist in addressing its climate change adaptation and mitigation funding needs as articulated in the Nationally Determined Commitments (NDCs). However, limited human and institutional capacity hinders GoU from accessing funding for Uganda’s adaptation and mitigation priority interventions.
To respond to this issue, the project aims at providing early–stage support to enable the country to access the Green Climate Fund (GCF) and other climate finance sources through the nominated entities.
GGGI, in partnership the Ministry of Finance, Planning and Economic Development (MoFPED) which is the National Designated Authority (NDA), is undertaking a two-year GCF Readiness and Preparatory Support Programme (RPSP). The Readiness program builds on Uganda’s earlier efforts to strengthen its engagement with the GCF with the objective of realizing the following: i.) strengthening country capacity by enhancing coordination mechanisms and No Objection Procedure (NOL) following multi-stakeholder input; ii.) supporting the NDA to establish a broad-based multi-stakeholder engagement process; iii.) enabling direct access accreditation for three (3) nominated Direct Access Entities (DAEs) namely; Kampala Capital City Authority (KCCA), National Environment Management Authority (NEMA) and Uganda Development Bank Ltd (UDBL); iv.) preparation for access to finance through development of concept notes climate change mitigation and adaptation projects in priority sectors; and v.) engaging the private sector to improve the availability of finance for climate change projects.
The project aligns with IO1. Strengthened national, sub-national and local green growth planning, financing and institutional frameworks; IO2. Increased green growth investment flows which enable partner governments to implement green growth policies; and IO3. Improved multi-directional knowledge sharing and learning to empower local and external agents necessary to drive green growth processes in partner governments.
Type of services provided, and results achieved
Impact: Increased green finance flows for projects that implement the Uganda Green Growth Development Strategy (UGGDS).
Project Outputs completed in 2019:
i. Green Growth Policies:
- Total of 3 advisory outputs in the form of a NDA/focal point lead effective coordination mechanism, country programs, including adaptation priorities, developed and continuously updated and the direct access with entity accredited.
ii. Green Investments:N/A
iii. Capacity Building and Knowledge Products:
- Total of 4 capacity building activities in the form of NDA Coordination Strengthening exchange mission (2) and direct Access Entities -Inception Workshops for GCF Readiness and Preparatory Support (2
Number of staff provided
Project Manager: Denis Kangere Asiimwe
Number of staff provided: Fredrick Barasa and Joshua Elaru
Project Reference Profiles – Rwanda (RW08) Green Investment Advisory and Support (GIAS)
|Start Date||Q1 Jan 1 2019|
|Actual Budget (USD)||350,665|
News • December 10, 2018
GGGI organizes “Mongolia National Sustainable Finance Roadmap: Supporting the development of Green Bonds’ markets” workshop
On 10 Dec, 2018, GGGI Mongolia organized a workshop for Regulators, Financial institutions, Investors and Issuers to build and enhance the knowledge on Green Bonds as financing and investment tool. Representatives from policymaking and regulatory bodies, financial institutions, public and private companies, local governments, investors as well as research and rating institutions were invited to […]
News • February 19, 2018
On the occasion of GGGI Director-General, Dr. Frank Rijsberman’s visit to Lao PDR on February 19, the Government of Lao PDR and GGGI took the opportunity to announce Lao PDR’s membership and discuss the opportunities for promoting green growth in Lao PDR. In recent years, economic growth in Lao PDR has averaged around 7 percent […]
News • August 27, 2019
With the Government of Nepal pledging funds to electric buses, GGGI and its partners head to India to gather experience on electric bus procurement and deployment.
On July 21-27, 2019, GGGI, in coordination with the Ministry of Forests and Environment and Sajha Yatayat, a Nepal-based transportation company, organized a 6-day knowledge exchange across India. The delegation of officials, mainly from the Government of Nepal, including the Ministry of Forests and Environment, Province 3, Kathmandu Metropolitan City, Lalitpur Metropolitan City, Municipality of […]