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Green Climate Fund (GCF)

New Global Fund to Help Combat Climate Change Open for Business

May 26, 2014 by Jake Schmidt

The Board of the Green Climate Fund – the new multilateral fund to support developing countries in efforts to address climate change – finalized its overarching business model so that countries can begin to direct resources through the fund.[read more]

Furthering International Climate Finance: Finalizing Some Key Threshold Issues for the Green Climate Fund

May 20, 2014 by Jake Schmidt

Countries meet soon to advance threshold issues for the Green Climate Fund. The Fund was a key component of the agreements reached in Copenhagen in 2009 as it could help mobilize resources to help developing countries in reducing emissions and adapting to the impacts of climate change.[read more]

A “Catch 22″ to be Delivered From Durban?

December 6, 2011 by David Hone

One of the key potential deliverables from Durban is an operational Green Climate Fund (GCF). This is one of the important components of the pledge to channel up to $100 billion per annum by 2020 to developing countries for mitigation and adaptation projects. The current proposals may represent an investment Catch 22 that results in little or no direct use of the fund by the private sector.[read more]

What Could COP 17 in Durban Achieve?

December 1, 2011 by David Hone

As delegates start negotiations in Durban, the major issues of the Kyoto Protocol and a “Roadmap to 2020” are dominating the news wires. The big picture story is very important, but in the meantime nations need to use this meeting to make real progress in a number of smaller but important areas.[read more]

World Bank Attacked For Encouraging Climate Change

June 30, 2011 by David Thorpe

The UK must stop funding World Bank aid until the Bank stops financing unabated coal power stations in developing countries, says the Environment Audit Committee in a new report on the impact of UK overseas aid on environmental protection and climate change adaptation and mitigation.Chair of the Environmental Audit Committee, Joan Walley...[read more]