International Climate Finance Assistance

Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change.

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To facilitate the provision of climate finance, the United Nations Framework Convention on Climate Change (UNFCCC) established financial mechanism to provide financial resources to developing country Parties. The financial mechanism also serves the Kyoto Protocol and the Paris Agreement.

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The Cook Islands through the Ministry of Finance and Economic Management became a National Implementing Entity to the Adaptation Fund in 2016, followed by accreditation to the Green Climate Fund as a National Accredited Entity in 2018.