Global Environment Facility
The LDCF was established to support a work programme to assist Least Developed Country Parties (LDCs) carry out, inter alia, the preparation and implementation of national adaptation programmes of action (NAPAs).
Fund created: 2001
Cumulative pledged funding: $1.19 billion (as of May 2016)
FY15 Approval: around $100 million
The LDCF has a ceiling for the total amount each country can access which increases proportional to the growth in resources pledged to the fund, standing at $40 million as of May 2016.
The LDCF implements projects through eighteen GEF Agencies:
African Development Bank (AfDB)
Asian Development Bank (ADB)
European Bank for Reconstruction and Development (EBRD)
Inter-American Development Bank (IADB)
International Fund for Agricultural Development (IFAD)
United Nations Development Programme (UNDP)
United Nations Environment Programme (UNEP)
United Nations Food and Agricultural Organization (FAO)
United Nations Industrial Development Organization (UNIDO)
World Bank Group (WBG)
Conservation International (CI)
Development Bank of Latin America (CAF)
Development Bank of Southern Africa (DBSA)
Foreign Economic Cooperation Office, Ministry of Environmental Protection of China (FECO)
Brazilian Biodiversity Fund (FUNBIO)
International Union for Conservation of Nature (IUCN)
West African Development Bank (BOAD)
World Wildlife Fund (WWF-US)
(1) The LDCF Project Proponent develops a concept for a project and requests assistance from an Implementing Agency of the GEF.
(2) The LDCF Project Proponent secures the endorsement of the national GEF Operational Focal Point.
(3) Projects over USD 2 million are referred to as Full-sized Projects (FSP); those of USD2 million or below are referred to as Medium-sized Projects (MSP.) MSPs follow a further streamlined project cycle, compared to FSPs.
(4) For FSPs, submission to the GEF under the LDCF starts with a Project Identification Form (PIF), followed by a CEO Endorsement Form. MSPs may start with the CEO Endorsement Form. Once the GEF CEO Endorses the project, the funding is released to the Implementing Agency.
The LDCF Council is the main governing body of the LDCF. It functions as an independent board of directors, with primary responsibility for developing, adopting, and evaluating LDCF policies and programs. The GEF Council serves as the LDCF/SCCF Council, the main governing body for both funds, which functions as an independent board of directors and is responsible for developing, adopting and evaluating LDCF/SCCF policies and programs.
The GEF’s operational policies, procedures and governance structure are applied to the fund, unless COP guidance and the LDCF Council decide otherwise. Its governing structure is composed of: the Assembly, the Council, the Secretariat, ten Agencies, a Scientific and Technical Advisory Panel (STAP), and the Independent Office of Monitoring and Evaluation.
The GEF Secretariat coordinates the overall implementation of GEF activities. It services and reports to the Assembly and the Council.
The GEF Focal Points (Country Representatives) are government officials, designated by member countries, responsible for GEF activities and to ensure that GEF projects are country-driven and based on national priorities. The complete list of GEF Focal Points, including name, position, government agency, complete address, phone, fax and e-mail, can be accessed at: http://www.thegef.org/gef/focal_points_list
The Implementing Agency is responsible for preparing specific reports during certain stages of the project. During the course of the implementation, the Agency has the responsibility to submit Project Implementation Reports (PIRs) on an annual basis. The Agency is also required to submit a Terminal Evaluation to the GEF Independent Evaluation Office (IEO) within 12 months following the operational completion of the project.
Parties to the UNFCCC are eligible to receive financial support for adaptation under the LDCF.