NDF - Financing for climate change and development projects

NDF discusses collaboration with the Green Climate Fund

Photo: GCF
From left: Clifford Polycarp, Leena Klossner, Pasi Hellman and Oussynou Nakoulima.

Climate finance readiness is a key issue as the two organisations look to help low-income countries.

A delegation from NDF consisting of Mr Pasi Hellman, Managing Director and Ms Leena Klossner, Deputy Managing Director visited the Green Climate Fund (GCF) in Songdo, Republic of Korea, last week to discuss areas of collaboration between the two organisations. Hosted by Mr Ousseynou Nakoulima, Director of Country Planning and Mr Clifford Polycarp, Country Operational Dialogue Manager, NDF and GCF discussed a wide spectrum of topics- particularly focused on the so-called climate finance readiness activities- ranging from policy development and country programming, to opportunities within the public and private sectors.

The NDF delegation also met with Mr Javier Manzanares, Chief Financial Officer and Interim Executive Director at GCF. Through a seminar arranged for the GCF staff, NDF was offered an opportunity to share information on NDF climate change activities. The discussions at the GCF headquarters provided a good overview of the GCF working mechanisms and will serve as a good basis for further planning of innovative and catalytic climate change activities in the partner countries with involvement by the GCF and NDF.