Press Release – Belmopan, Belize – January 31, 2024 – The Development Finance Corporation takes a significant step forward in its commitment to combat climate change by officially submitting its accreditation application to the Green Climate Fund (GCF) on January 31, 2024. This landmark move positions DFC to access up to US $50 million in Green Climate Funds, empowering the organization to spearhead transformative initiatives in the realm of sustainable development and environmental protection. The GCF, established to assist developing countries in addressing climate change through mitigation and adaptation efforts, serves as a crucial resource in advancing global climate action.
By securing accreditation with the GCF, DFC will fortify its capacity to finance and implement projects that address the pressing challenges posed by climate change, fostering resilience and sustainability across diverse communities. Through strategic partnerships and stakeholder engagement, DFC aims to maximize the impact of these initiatives, fostering long-term environmental sustainability and social well-being. The accreditation application submitted to the GCF underscores DFC’s unwavering commitment to contributing to global climate action and eagerly anticipates a positive outcome from its Green Climate Fund Accreditation Application.
The DFC extends its sincere appreciation to the Government of Belize and the Ministry of Finance, Economic Development, and Investment, acting as Belize’s National Designated Authority. Their consistent support has been instrumental in the successful execution of this project, enhancing access to GCF finances. Gratitude is also extended to all individuals who contributed to this momentous occasion.
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