Capacity-Building Initiative for Transparency (CBIT)
GEF support for the Capacity-building Initiative for Transparency (CBIT) was established shortly after the adoption of the Paris Agreement to provide quick-access support to countries and to boost their capacity to enhance the transparency of inventories and action as well as the transparency of support received. As such, the CBIT is a key channel of the GEF’s support for successfully implementing the Paris Agreement and its key pillars of transparency and accountability. It does so by enhancing institutional arrangements for climate transparency, strengthening national Measurement, Reporting, and Verification (MRV) and Monitoring and Evaluation (M&E) systems, and informing NDC enhancement and decision-making. The Paris Agreement requested the GEF to support the establishment of the CBIT through voluntary contributions during GEF-6 and future replenishment cycles. Following the adoption of the Paris Agreement at UN Climate Change Conference COP21, the GEF established the CBIT Trust Fund in six months and began supporting national projects by COP22 thanks to high levels of donor support and successful engagement with countries and other key stakeholders. CBIT support is available to countries upon request and is provided in a timely manner. In GEF-8, the CBIT has been fully integrated into the climate change focal area’s strategy, with new CBIT projects now being supported directly by the GEF Trust Fund. All developing country Parties that have ratified the Paris Agreement can
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Related capital sources
Other funders with an overlapping mandate.
- Energy Sector Management Assistance Program (ESMAP)Climate Fund
- CIF- Clean Technology Fund (CTF)Climate Fund
- CIF - Scaling up Renewable Energy in Low Income Countries Program (SREP)Climate Fund
- CIF - Forest Investment Program (FIP)Climate Fund
- CIF - Pilot Program for Climate Resilience (PPCR)Climate Fund
- Global Shield Financing FacilityClimate Fund
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Members-only detail for Capacity-Building Initiative for Transparency (CBIT)
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