After US cuts cash, Green Climate Fund head urges others to step up
Mafalda Duarte stresses the strategic and economic importance of keeping money flowing to developing countries after Trump cancelled $4bn pledge to the fund
Green Climate Fund
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Can climate funders overcome fear to tread in conflict zones?
At COP29, fragile climate-vulnerable countries launched a network aimed at securing the climate finance they say has been slow to come as their needs surge
After US retreat, countries clash over who should make up Green Climate Fund shortfall
At this week’s board meeting, Germany and Sweden encouraged wealthier developing nations to step up – an idea rejected by Saudi Arabia
Green Climate Fund restructures, aiming to become donors’ “partner of choice”
GCF chief Mafalda Duarte tells Climate Home how she plans to boost the fund’s impact and position it to secure more resources
UN climate fund axes Nicaragua forest project over human rights concerns
In its first such move, the Green Climate Fund has pulled out of a project after developers failed to address environmental and social compliance issues
China objects to UN fund warnings on solar’s forced labour risks
China opposed six Green Climate Fund projects because the proposals flagged the risk of forced labour in the manufacturing of solar panels.
Small islands struggle to get help from UN’s flagship climate fund
While small islands still say the Green Climate Fund is better than the rest, they are facing problems getting money from it
Green Climate Fund ambition at risk after ‘disappointing’ pledges
The UN’s flagship climate finance initiative can barely sustain its existing portfolio after a lackluster fundraising conference on Thursday
Green Climate Fund may have to curb ambition as funding stagnates
The UN’s flagship global climate fund looks likely to have to rein in its ambition, after France announced just a 4% boost in its contribution.
UN climate fund suspends project in Nicaragua over human rights concerns
The Green Climate Fund suspended a $117 million forest conservation project in Nicaragua over escalating violence against indigenous people.
Canada pledges US$340m to UN’s Green Climate Fund
Canada’s climate minister implied he would like to have given more but said he’s “not the finance minister unfortunately”
After “sleepless nights”, governments strike deal on Green Climate Fund strategy
Developed countries pushed for more focus on private money while developing governments wanted more public money from rich nations
Green Climate Fund backs scheme financing farming corporations accused of destroying forests
The fund aims to stop deforestation in the supply chains of major commodities. But campaigners are concerned over money going to big companies linked to irregularities
US pledges $1 billion to Green Climate Fund amid call to keep 1.5C in reach
Joe Biden urged leaders of major emitting economies to step up efforts to roll out zero-emission vehicles, cut methane emissions and deploy carbon capture technologies
UN’s Green Climate Fund too scared of risk, finds official review
The UN’s flagship climate fund is struggling to clearly manage risks in its projects, an independent review has found, making it wary of taking on high-impact projects in developing countries
Green Climate Fund credibility hangs over response to violence in Nicaragua project
Indigenous people in Nicaragua have accused a Green Climate Fund project of exacerbating violence with settlers invading their land
Africa objects to US chairing UN climate fund, citing unpaid $2bn
The Green Climate Fund is making cutbacks to its project portfolio, while the US fails to deliver on a years-old funding pledge
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
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
Climate watchers pay tribute to Nicaraguan envoy Paul Oquist, who died on Monday
The outspoken diplomat, who famously described the Paris Agreement as a “path to failure”, will be remembered as a complex figure who fought for justice
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
‘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
Banking on the future – Climate Weekly
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