The Special Climate Change Fund (SCCF) was founded in 2001 during the seventh climate summit in Marrakech and is under the authority of the Global Environment Facility (GEF). It has been funding projects since 2009.
Objectives
The SCCF supports developing countries belonging to the United Nations Framework Convention on Climate Change (UNFCCC) in their activities to adapt to climate change, and with technology transfer and capacity building. The fund acts as a catalyst for the generation of additional bilateral and multilateral resources.
The supported projects and programs generally pursue long-term objectives for strengthening a country’s resilience to climate change while referring to other activities such as national adaptation programs of action (NAPAs). More recently, the SCCF has focused more on leveraging private finance for innovative adaptation projects.
The SCCF funds i.a. activities on climate resilient value chains, coastal and integrated water management, nature-based solutions, climate risk insurance and climate-resilient infrastructure. Based on the current fund strategy (2022-2026) the SCCF will disburse between $200 and $400 mio for projects in developing countries.
Funding volume and Germany’s contribution
The SCCF has funded a total of 88 projects with a funding volume of $363 million. From 2008 to 2014, Germany has pledged and deposited around €84 million for the SCCF. Since then, Germany has not made any further pledges or payments to the SCCF. (as of December 2022)