The UN’s flagship climate fund has selected five locations for its new regional offices, a move aimed at bringing it physically closer to developing countries and making its finance easier to access.
After fraught discussions during a meeting last week, the board of the Green Climate Fund (GCF) decided in a secret vote on Saturday to open regional offices in Panama City, Amman in Jordan, Suva in Fiji, Nairobi in Kenya and Abidjan in Côte d’Ivoire. The African office will be split across two locations to better serve the continent with the largest number of countries and projects supported by the fund.
The decision marks a significant shift for the fund, which has operated from its headquarters in Songdo, South Korea, since its launch in 2013.
“This is a landmark moment for [the] GCF,” said the fund’s executive director Mafalda Duarte. “It has taken a lot of work, careful negotiation and persistent advocacy for a model that will bring us closer to the countries, to our partners and the communities we were created to serve”.
‘Less delay, more action’
The new offices are expected to act as the GCF’s front line, working more closely with governments, the private sector and civil society to improve access to climate finance and support the delivery of projects aimed at cutting emissions and strengthening resilience to climate impacts.
Welcoming the decision in a LinkedIn post, Fiji’s Permanent Secretary for the environment and climate change Sivendra Michael described it as “a win for the entire Pacific”, citing “long hours” and “tough negotiations” behind the outcome. “Less delay, more action — real support where it matters most,” he added.
A total of 43 countries applied to host the new offices, with 16 making a final shortlist after the GCF secretariat assessed bids on criteria including cost, connectivity and the ability to attract a “world-class workforce” through quality of life and access to international schools.
Panama emerged as the top-ranked location overall, according to a document seen by Climate Home News, while some selected hosts, including Amman and Abidjan, scored lower than rival candidates in their regions.
Establishing the new hubs is expected to cost an initial $6.5 million, but the fund anticipates these upfront expenses will be offset over time through operational savings, including lower staff and travel costs.
First Palestinian entity approved
The GCF board also accredited the first organisation in Palestine that will be able to directly apply for and access funding.
Created by the Palestinian Authority in the West Bank, the Municipal Development and Lending Fund supports local infrastructure projects and services. Working with partners, including the World Bank, it is developing projects to help communities cope with escalating climate risks such as drought and extreme heat.
In the West Bank, which is occupied by Israel, just under half of the population lives in areas classified as having high to very high climate exposure, according to a recent study.
