Training & Other Opportunities
The Green Climate Fund (GCF) is one of the largest multilateral sources of finance for implementing climate change projects. As part of Saint Lucia’s second GCF Readiness and Preparatory Support Programme project, the Department of Economic Development (Ministry of Finance), as the National Designated Authority to the GCF, has partnered with the Caribbean Community Climate Change Centre (CCCCC) and the international consulting firm, E Co. Ltd to provide the “Green Climate Fund Climate Finance and Project Development Training” to thirty (35) participants from seven (7) public sector and seven (7) private sector agencies.
The purpose of the training is to provide participants with the necessary skills to prepare funding proposals and ultimately secure funding for Green Climate Fund climate change projects. The specific objectives of the training are:
- To create and improve technical know-how on climate change project design, including an in-depth understanding of key project development components.
- To equip participants with the skills to develop high-quality funding proposals.
- Showcase private-sector financing opportunities.
- Understanding the international, regional, and national climate finance architecture.
- Enhance understanding of the linkages between climate finance proposals and national climate and development strategies.
- Identify critical project risks and their mitigation actions.
Module 1: Introduction to GCF Modalities
1. Climate finance landscape
2. GCF modalities and project submission process and cycle
3. Country Ownership & role of NDA
4. Walkthrough of the GCF website
5. Simplified Approval Process
Module 2: GCF Concept Note Preparation
This module outlines:
1. Barrier analysis for adaptation and mitigation
2. Climate rationale
3. GCF results management framework
4. Theory of Change and Paradigm Shift
5. Financial structure of projects
6. Overview of sustainability and replicability of the project
6. Gender mainstreaming
Module 3: Thematic studies and annexes
This module outlines:
1. Project additionality, alternative funding options and concessionality
2. Social and environmental safeguard assessment
3. Gender analysis and action plan
4. Overview of requirements for the other annexes