Advocates of climate finance in Congress have spent the last three years on the defensive, working to maintain current levels of spending. But a rapid scale up of investment in climate action is urgently needed, and public finance plays a key role.
Global Environment Facility
Governments will meet Wednesday in Stockholm to decide how to replenish the Global Environment Facility (GEF), a fund that helps developing nations meet international environmental agreements. GEF grants finance everything from toxic chemical clean-up to biodiversity protection to anti-wildlife trafficking efforts.
President Trump's 2018 budget request for fiscal 2018 makes clear that international climate finance is in the crosshairs, undermining U.S. economic, diplomatic and security interests around the world.
This report examines seven key multilateral climate funds and recommends operational and architectural reforms to improve their ability to deliver low-emissions and climate-resilient development.
This chart is based on data from the report, The Future of the Funds: Exploring the Architecture of Multilateral Climate Finance.