Green Climate Fund
Rich nations deflect GCF climate finance burden to private sector
The US wants to open the door for philanthropists and businesses to contribute to the Green Climate Fund, despite fund staff’s doubts
South African bank held to net zero standard for GCF accreditation
Developing country board members objected that it was unfair to hold institutions in rich and poor countries to the same green standards
After US fails to pay its debt, UN’s flagship climate fund warns of austerity
Without more money coming in, the Green Climate Fund’s head warned that the pipeline of carbon-cutting projects in developing countries would have to be cut
Dispute grips Green Climate Fund over net zero condition for accessing finance
Board members from developing countries insisted that making a 2050 net zero goal a condition for accreditation to the fund breaches equity principles
GCF considers renewed partnership with UNDP, amid corruption investigations
The Green Climate Fund board has been advised to re-accredit the UN development agency, despite unresolved corruption claims against projects in Samoa and Armenia
Row erupts at Green Climate Fund over who defines climate adaptation
Two adaptation projects didn’t make it pass the UN’s flagship fund’s technical panel, while board members decide to partner with a fossil fuel backing Japanese bank
Joe Biden’s $1.2bn budget for Green Climate Fund falls short of campaigner demands
The proposed US contribution to the UN’s flagship climate fund this year is not enough to catch up with other donors
Green Climate Fund whistleblowers urge US to take its money elsewhere – until ‘toxic’ workplace is fixed
As John Kerry promises to “make good” on a $2 billion pledge to the GCF, the UN’s flagship fund faces critically low confidence in its senior management
Concerns raised about Green Climate Fund flood defence project in Samoa
Flood walls in Samoa financed by the UN’s flagship climate fund are inadequate and could put people in danger, experts warn
US campaigners call on Joe Biden to commit $8bn to the Green Climate Fund
A letter signed by 46 climate and green groups urges the White House to fulfill its $2bn outstanding pledge to the UN-backed fund and double its initial contribution
UN fund pays Indonesia for forest protection as deforestation rises
Campaigners accuse the Green Climate Fund of letting governments game the UN’s Redd+ forest protection scheme, as Indonesia is awarded $103 million
‘Historic opportunity’ – Climate Weekly
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Coronavirus enters Liberia after observer returns from Green Climate Fund meeting
The GCF’s board meeting was held in Switzerland after some members objected to hold the session online, one delegate said
Democratic contenders in Iowa caucus aim to rejoin Paris accord in green goals
Candidates pledged to boost climate finance for developing nations and break US dependence on fossil fuels
How to make the Green Climate Fund a better force for change
Vastly more of the fund’s money should go to projects that adapt to the impacts of climate change
Green Climate Fund replenishment fails to fill hole left by Trump’s US
After the US, Russia, and Australia did not contribute, other developed countries fell $500m short of the fund’s starting capital
As rich countries slow walk green finance, Putin offers Africa an alternative
Two summits in one week presented a choice for African leaders: stalled promises of climate finance in Paris or business deals in Sochi
Poor countries will hold the rich to account on climate finance
The major UN climate fund is running short of money, will rich countries live up to the promises they have given?
France and UK double pledges to UN green fund to $3.5bn
Announcements at the G7 meeting mean the countries join Germany and Norway with promises to double their initial contributions in the next funding round
UN fund removes veto power over climate projects
The Green Climate Fund changed its rules so no single country can block finance, as recently happened when the US intervened in a Chinese bid