This guiding document should outline how the GCF will achieve 1.5-aligned ambition, approach adaptation, avoid watering down the quality of its programs, and empower developing country institutions.
Green Climate Fund
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.
This guide explains in clear, non-technical language the key outstanding policy issues the Green Climate Fund will need to decide on. It is aimed at all GCF stakeholders to be an educational tool, an introduction to key issues, and a reference guide.
As developing countries increasingly experience the impacts of climate change, ensuring that they have efficient access to adaptation funding is ever more urgent.
When the Green Climate Fund received its first round of funding, contributions were more or less arbitrary. This time around, countries have an opportunity to root their contributions in objective measures of capacity, responsibility and ambition.
World's largest climate fund is nearing the end of its first round of funding. As examples from Mongolia, India and Morocco show, the Green Climate Fund can be a game-changer for getting low-carbon projects off the ground in developing nations.
The Standing Committee on Finance, an expert body of the UN Framework Convention on Climate Change, released its third Biennial Assessment and Overview of Climate Finance. Read a statement from Leonardo Martinez-Diaz, Director of the Sustainable Finance Center, World Resources Institute.
The world's biggest climate fund has had a rough go of it this year. Nearing the end of their first funding period, they can right the ship by tackling replenishment, governance and decision-making at a final 2018 board meeting.
Governance issues and unpredictable funding are holding back the world's most important climate fund. Reform and objective criteria for replenishment can set it on the right track.
A new WRI working paper explores two sets of issues that are fundamental to restoring confidence in the GCF and should be addressed simultaneously: resources and governance. The paper analyzes key challenges with resource predictability and governance and suggests ways forward.
This event is a presentation and discussion of the key recommendations discussed in a new working paper, Setting the Stage for the GCF’s First Replenishment.
The Green Climate Fund, a major source of finance for developing countries seeking to address climate change, has committed $3.5 billion for projects around the world. But now it needs to replenish its resources in an effective, transparent and inclusive way -- soon. Among other things, it could use an external facilitator to help move the process along.
The world will need an estimated $140 billion per year — or more — to help adapt to the damaging impacts of climate change. But funders have gotten caught up in drawing bright lines between adaptation and development programs. To get the most out of scarce adaptation dollars, the world needs to move past this false distinction.
U.S. nonfederal leaders who support the Paris Agreement can help support the poorest and most climate-vulnerable populations.
French President Emmanuel Macron's planned summit in December, two years after the Paris Agreement, aims to foster more climate action, notably on the financial front. Here's what the summit can deliver to boost the global climate finance system.
When President Donald Trump announced his intention to pull the United States out of the Paris Agreement, he had plenty to say about international climate funding. Much of it was simply inaccurate.
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.
The most recent communique from the G20 drops all references to climate change, a move reportedly instigated by the United States, Saudi Arabia and others. The omission is a setback, as climate finance benefits U.S. jobs and exports and is key to meeting global climate targets.
Over the past 25 years, dozens of national, regional and international climate funds have emerged, creating a confusing system. New WRI research offers recommendations to more effectively attract and disburse climate finance.
This chart is based on data from the report, The Future of the Funds: Exploring the Architecture of Multilateral Climate Finance.