The United States spent $2.6 billion in 2015 to support climate action in developing nations. This finance represents just 0.07 percent of the federal budget, but boosts U.S. business, promotes development and improves national security.
Green Climate Fund
There are a lot of ways for countries and communities to adapt to climate change. Choosing the right one can be tricky.
Last week, the Board of the Green Climate Fund (GCF) convened in Songdo for its penultimate meeting in 2016. As the biggest multilateral climate fund to date, the GCF has a vital role to play in delivering on the goals of the Paris Agreement. While the GCF has made some progress in the last year—including approving its first projects, adopting a strategic plan, strengthening its...
With three months to go until the next international climate negotiations, many developing countries are working hard to live up to the promises made in the Paris Agreement. But many institutions in developing countries face challenges in accessing and effectively deploying international climate finance. Representatives of two groups from Africa -- the Senegal-based Centre de Suivi Ecologique and Kenya's National Environmental Management Authority -- got together in July to help each other tackle some of these challenges.
Insider blogs offer timely, specialized analysis for experts on key topics.
The Green Climate Fund (GCF), the largest dedicated international climate fund, is expected to channel billions of dollars to help developing countries combat climate change. It is one of the primary institutions supporting implementation of the Paris Agreement and is built into the Agreement as one of the operating entities of the Agreement’s financial mechanism.
This week, the Board of the Green Climate Fund meets in Songdo, South Korea, for its 13th meeting since the Fund’s inception in...
Uruguay went from having virtually no wind generation in 2007 to installing the most wind per capita of any nation in 2014. New WRI research explores the country's smart use of climate finance, and offers lessons on how other nations can successfully transform their energy sectors.
Last December in Paris, 195 countries came together and adopted a landmark agreement on climate change. The Paris Agreement is significant for a number of reasons, not least of which is the direction it provides on climate finance. It is now clear that the world needs to align financing pathways with the Agreement’s long-term goals, strengthen national institutions that will implement climate activities, and increase...
WRI President and CEO Andrew Steer revealed 2016's top stories to watch when it comes to the environment, economy and sustainability.
Delivering on the Paris Agreement will require significant investment and finance. The Agreement made four big strides forward to scale up climate finance, but questions remain.