No-Objection Procedure for Green Climate Fund Projects in the Republic of North Macedonia - Factsheet

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The Green Climate Fund (GCF) is a new global fund created by the countries, parties to the United Nations Framework Convention on Climate Change (UNFCCC), to support the efforts of developing countries to respond to the challenge of climate change. GCF seeks to promote a paradigm shift to low-emission and climate-resilient development, accounting for the needs of nations that are particularly vulnerable to climate change impacts. The principle of Country Ownership is at the heart of the work the GCF conducts in the developing world. The Fund also recognizes that country ownership is a continual process, and that National Designated Authorities (NDAs) have a key role in driving institutional development and stakeholder engagement for establishing effective mechanism that addresses climate-related issues. This factsheet is jointly developed by the Cabinet of the Deputy President of the Government of North Macedonia in charge of Economic Affairs, in its role as NDA to GCF and FAO in the frames of the project “Support for the management of an effective national coordinative mechanism regarding the Green Climate Fund. It is intended to familiarize all relevant national stakeholders (institutions, government agencies, academia, private sector, civil society and international organizations) in North Macedonia about the key aspects of country ownership in the work of the GCF, the GCF Project approval cycle and No-Objection procedure in North Macedonia, exercised by the NDA to ensure that financing through the GCF will be transparent, consistent with national climate priorities, strategies, plans, is country-driven, effective and leaves no one behind.

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