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THE GLOBAL CAPACITY BUILDING COALITION LAUNCHES ACCELERATOR AT ECOSPERITY TO SPOTLIGHT AND SCALE CLIMATE FINANCE CAPACITY BUILDING INITIATIVES

On May 6, 2025, in Singapore during Ecosperity Week, Mary L. Schapiro, who leads the Global Capacity Building Coalition, unveiled the GCBC Accelerator, a new global program aimed at supporting high-potential capacity-building initiatives.
The GCBC, introduced by U.N. Envoy Michael R. Bloomberg at COP28 in December 2023, seeks to enhance climate finance capacity specifically for financial institutions operating within developing regions and economies transitioning toward sustainable growth.
The Accelerator will identify and support innovative projects that mobilize sustainable finance, build climate capabilities, and foster innovation to close the nearly $2.5 trillion annual sustainable development financing gap faced by EMDEs excluding China.
The initiative supports chosen applicants with expert guidance, network connections, communications aid, and partnership development, with winners revealed during the climate-focused events in New York scheduled for September 2025. Applications must be submitted by July 4, 2025.
The GCBC Accelerator seeks to foster stronger partnerships and address the increasing demand for capacity-building assistance, supporting the expansion of solutions that drive investment in the clean energy transition throughout EMDEs.

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Singapore signals commitment, policies to draw green dollar during Ecosperity Week

Economic uncertainties may persist, but climate change is still something the world has to prepare for. Read more at straitstimes.com.

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THE GLOBAL CAPACITY BUILDING COALITION LAUNCHES ACCELERATOR AT ECOSPERITY TO SPOTLIGHT AND SCALE CLIMATE FINANCE CAPACITY BUILDING INITIATIVES

The inaugural GCBC Accelerator will provide high-potential projects with access to expert advisory, networks, and resources to scale solutions that work to accelerate investment in the transition in EMDEs

2 days ago

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