CoAct Database
Global Climate Finance Centre
Based in ADGM, Abu Dhabi’s leading International Finance Centre, the Global Climate Finance Centre (GCFC), is a COP28 legacy initiative focused on fostering innovation, convening stakeholders and providing capacity building for financial actors globally. GCFC was announced during the UN Conference of the Parties (COP28) in the UAE, and is a collaborative initiative between ADGM, ADQ, BlackRock, CIFF, GFANZ, HSBC, Masdar, NinetyOne and World Bank. Serving as a lasting outcome from COP28, this independent hub in Abu Dhabi, will continue to support the scale-up of well-functioning, aligned green finance markets to drive the growth of climate finance.
| Activity period | 2023–2026 |
| Last CoAct update | n/a |
| Web URL | https://gcfc.com/ |
| Output effectiveness | 0.20 |
| Accountability Index | 0.17 |
| Inclusiveness Index | 0.42 |
| Capacity Index | 0.29 |
| Num. actors | 39 |
| Functions | Knowledge production, Knowledge dissemination, Participatory management, Training, Policy planning |
| SDGs | |
| Themes | finance |
| Policy focus | Mainly mitigation |
| Sectors | Financial and insurance activities |
| Implementation countries | United Arab Emirates (the), United Kingdom of Great Britain and Nothern Ireland (the), United States of America (the) |
| Target | Target type |
|---|---|
| No targets have been defined | |