Assessing the GCF’s performance on funding adaptation for the most vulnerable countries By the end of this year, the Green Climate Fund (GCF) — the main international fund designated to help countries address climate change — will have been active for six years. At this point, it would be a good time to reflect back and evaluate the progress of …

(This article was originally published here) As governments prepare to go to Paris in December to finalise the new Paris Agreement on Climate Change under the United Nations Framework Convention on Climate Change (UNFCCC) at its 21st Conference of Parties (COP21), there is an emerging consensus amongst all parties, including the developed countries, of the need to provide substantial funding …

(This article was originally published here) Polluters must stop delaying the settlement of carbon emission cut and climate finance disbursement for vulnerable nations in the name of negotiation, a discussion was told yesterday. “The negotiations between the polluters – mostly industrialised countries – and the vulnerable countries has been happening for years. Yet, there are no specific road map that …

(This article was originally published here) As the UN prepares to roll out a multibillion-dollar Green Climate Fund (GCF), it offers greater opportunities to engage the private sector to combat climate change risks. The GCF business model not only aims to raise money from institutional private investors, but also support local, small-scale businesses to invest in climate responsive technologies and …

(This article was originally published here) The Green Climate Fund (GCF) is an international climate finance mechanism that developed countries pledge funds into for climate related activities in developing countries. It is established under the United Nations Framework Convention on Climate Change (UNFCCC). The GCF is accountable to and functions under the guidance of the annual Conference of Parties (COP). …