The call for proposals to host a regional presence of the Green Climate Fund (GCF) has closed with 47 countries confirming their interest.

The significant response validates the Fund’s vision to be closer to the countries it serves and deliver more financial support at scale, strengthen national institutions, and build more partnerships for impact.

The GCF’s secretariat will now review all proposals against the terms of reference criteria approved by the Fund’s Board.

GCF Executive Director, Mafalda Duarte, said: “If climate action is local action, which it is, then GCF needs to be local too to ensure the greatest impact. GCF needs to be not only a source of finance but as a partner working on the ground. Establishing a regional presence is a historic step for the Fund, that will bring our world-class specialists closer to those who we serve.”

The Secretariat will briefly update the Board on regional presence at its forty-third meeting, scheduled from October 27 to 30, 2025. The detailed analysis of the proposals for host countries, along with the implementation plan, will be considered by the Board at its subsequent meeting.

Since 2013, the GCF has been solely headquartered in Songdo, Republic of Korea. The GCF Board strategically decided to establish a regional presence at its forty-first meeting (B.41) in February 2025. The Board adopted the terms of reference for selecting host countries/cities at its forty-second meeting (B.42) in July 2025. The Fund’s Secretariat launched a call for proposals to host GCF regional offices in the following month.

The GCF is the world’s largest multilateral climate fund dedicated to developing countries. Founded in 2010 and operational since 2015, GCF serves as the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC). With a portfolio of $18 billion, GCF works through a network of over 150 entity partners to deliver 314 projects across more than 133 countries.