The Green Climate Fund (GCF) Board has decided to open regional offices in Latin America and the Caribbean, located in Panama City, Panama; Eastern Europe, Central Asia and the Middle East, located in Amman, Jordan.
Offices in Africa will operate across two locations -East and Southern Africa in Nairobi, Kenya; Central, North and West Africa in Abidjan, Côte d’Ivoire; as well as the Pacific: A subregional office covering the Pacific, located in Suva, Fiji.
The Board confirmed that the GCF headquarters, located in the Republic of Korea, will cover East, Southeast, and South Asia.
Decisions were announced at the 44th meeting of the Green Climate Fund (GCF) meeting, at its Songdo headquarters, from 25 to 28 March 2026.
The Board also confirmed seven projects in Africa, would receive an estimated USD 441 million – 46% of new funding – to the continent.
These latest decisions bring totals to the USD 20 billion mark across 354 projects and programmes.
This includes ASCENT-GREEN, a USD 250 million programme with the World Bank, to support resilient energy access across 21 countries in Eastern and Southern Africa, the largest single project approved at B.44.
The Board also approved the first-ever single-country GCF investments in Chad, Jamaica and The Bahamas.
The meeting also approved 10 new entities for accreditation, six of which are Direct Access Entities from Barbados, Bhutan, Kyrgyzstan, Nigeria, Republic of Korea and the State of Palestine, working at the regional or national level in developing countries.
Seyni Nafo, Co-Chair Amb. from Mali said “the USD 960.3 million in investment agreed at this Board will deliver climate finance at scale for developing countries around the world. With nearly half of our new investments directed to Africa and first-ever single-country projects in Chad, Jamaica and The Bahamas, we are reaching communities that need climate finance the most. I am also delighted to see the accreditation of 10 new partner organisations – six of them direct access entities – including the first national direct access entity for Palestine. This signals GCF’s continued commitment to country-ownership of climate action. The decision on regional presence will bring the Fund even closer to the countries it serves, and I am particularly delighted that there will be two locations for the African regional office, in Nairobi and Abidjan.”
Picture: GCF Board Co-Chairs, Seyni Nafo and Leif Holmberg, were reappointed to serve a second term in 2026.