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Last week, the Green Climate Fund (GCF) Board met for its last meeting before the upcoming climate talks in Paris. Countries created the GCF to be the main global fund for climate finance, and as such, it could play a vital role in delivering the goals of an agreement in Paris. If the GCF is to be a key player in the future climate regime, it needs to show that it can effectively spend money. Is it up to the task?

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The Adaptation Finance Accountability Initiative (AFAI) project seeks to improve accountability around adaptation finance.

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The amount of adaptation finance has increased in recent years, at least in part as a result of agreements reached at the U.N. climate negotiations in Copenhagen in 2009. In the past year, Oxfam, WRI, Overseas Development Institute, and civil society networks in Nepal, the Philippines, Uganda and Zambia have been working together to figure out just how much adaptation finance has been flowing to these four countries and where it’s going. It’s a bit like trying to figure out the tangle of plumbing and pipes in an old house. There is money for climate change adaptation coming from different sources, flowing through different channels, and being used for different purposes.

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The amount of international climate finance approved to help developing countries address the impacts of climate change increased considerably between 2008 and 2012.

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  • Production of staple crops, such as maize, is under increasing risk in Africa because of climate change and depleting soil fertility. The potential consequences for food security are dire. Climate change and food security must be tackled together.

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