April 14, 2025
DAI has secured a place on the Green Climate Fund (GCF) Readiness Support Services Providers framework. Based in South Korea, the GCF is the world’s largest climate fund, with received contributions of $22.3 billion.
“This marks an exciting first for DAI as we formally engage with the GCF, which has a critical mandate to support developing countries in realizing their Nationally Determined Contributions towards a low-emissions, climate-resilient future,” said James Naughton, Head of Development Finance and Investment at DAI. “With the GCF’s reach across 154 eligible countries and DAI’s global expertise and footprint, we are well-positioned to support this transformative effort on a worldwide scale.”
The GCF readiness framework is designed to implement its 2024-2027 readiness strategy, helping countries set up institutional structures dedicated to climate finance, enabling country-wide coordination for climate action, building policy and regulatory frameworks, and yielding early climate programming results.
DAI’s prospective work with the GCF will focus on two of the Fund’s key areas of focus, Policy and Regulation and Climate Investment Design and Implementation. We look forward to expanding our portfolio of climate-focused projects, building on recent implementation successes including the Climate and Ocean Adaptation and Sustainable Transition (COAST) program, Financial Services Group Plus (FSG Plus), and the Nepal Renewable Energy Programme.
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