Strengthening the National Designated Authority, Candidate Direct Access Entity, National Programming Process and Development of Strategic Frameworks for Low-Carbon Development in Paraguay

About this project

The goal of this proposal is for the Government of Paraguay to be able to develop the necessary capacity, strategic frameworks, knowledge sharing and coordination mechanisms to access, manage and coordinate GCF resources, monitor climate finance flows, prioritize climate action in planning and budgeting processes, and promote private sector investment in climate change mitigation. The objectives can be summarized as follows: • Strengthen the capacity of the Nationally Designated Authority (NDA) to effectively coordinate and manage GCF funding, and monitor and track climate finance flows. • Strengthen the capacity of the Agencia Financiera de Desarrollo (AFD) to comply with GCF’s accreditation standards and criteria. • Operationalize Paraguay’s Green Taxonomy to establish standardized definitions for green assets and investments, enhancing transparency and investor confidence. • Integrate climate indicators and targets into the Paraguay National Development Plan 2050, including a strategy for green job creation to drive sustainable economic growth.

Published by

Global Green Growth Institute (GGGI) · Multilateral

Countries

Paraguay

Sectors

Environmental policy and administrative management

Focus

Environment · Also contributes

Funded by

Green Climate Fund

Implemented by

Global Green Growth Institute (GGGI)

Published by Global Green Growth Institute (GGGI) to the International Aid Transparency Initiative (IATI), last updated 14 Oct 2026 and imported automatically. IATI identifier: XM-DAC-47136-PY005.

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