• Chad asks Green Climate Fund to accredit three local entities for climate finance access
• Accreditation would cut out foreign intermediaries and speed up project funding
• Minister urges GCF to revise criteria, says current system blocks vulnerable nations
Chad is seeking direct access to international climate funding through the Green Climate Fund (GCF). On July 29, 2025, Environment Minister Hassan Bakhit Djamous formally asked the GCF to accredit three national bodies, including the Special Fund for the Environment, the Agency for Environmental and Rural Sector Development (ADES), and the National Water Fund.
The request was presented to Catherine Kaufman, Africa Director of the GCF, during her official visit to N’Djamena. If approved, the move would allow Chad to bypass foreign intermediaries and directly tap into GCF resources for its climate resilience and adaptation projects.
“Chad is one of the countries most exposed to the impacts of climate change, a situation exacerbated by insecurity in some regions. It is therefore crucial that we can benefit from financial support tailored to our context,” Djamous said.
Created to support developing countries, the GCF finances projects that cut emissions and protect vulnerable communities. Accredited institutions can access grants or concessional loans, depending on their technical and financial capacity. A few African countries, such as Senegal and Morocco, have already secured direct accreditation through national entities.
Joining that group would not only improve financing but also signal commitment to climate action on the global stage. But accreditation is no easy path. Candidates must prove strong financial, environmental, and administrative systems, often a barrier for countries with weaker institutions.
Djamous has called for the GCF to revise its rules, arguing that current criteria exclude the very countries most in need. He urged the Fund to consider local realities when assessing applicants.
The bid comes as African countries race to boost their access to climate funds. The African Development Bank estimates the continent needs $277 billion annually through 2030, but current financing falls far short.
The GCF delegation’s visit marks a key step toward formal recognition of Chadian institutions. If successful, it could help the country scale up funding for its climate goals.
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Côte d'Ivoire ranked first on gender equality within the Economic Community of West African States (ECOWAS) with a score of 0.708, above the regional...
Public accelerator Algeria Venture launched AventureCloudz on Thursday, April 30, a cloud platform for software developers, hosted on Algerian soil and...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....