Scroll down for French and Spanish The Board of the Green Climate Fund (GCF) met for the 17th time at its headquarters in Songdo, South Korea in July 2017 to discuss important policy issues for the way forward. One key issue on the agenda was the approval of new accredited entities to the Board, including …
Read more “Recap of the 17th Board meeting of the Green Climate Fund”
The Green Climate Fund (GCF) board meets from 30 September- 2 October in Cairo, Egypt. Board members are expected to approve 16 funding proposals and accredit 5 new entities that will then be able to distribute funds. The GCF is under pressure to get on with the job of disbursing the 10 billion US dollars …
Read more “Financing partners face criticism as UN’s climate fund meets”
Editorial US President Trump’s announcement to withdraw from the Paris Agreement casts a shadow over financial support for developing countries to help them deal with the consequences of climate change and transition towards sustainable, low-carbon societies. New leadership is needed to fill in the climate finance gap. Responsible for almost 3% of global greenhouse gas emissions, the shipping …
The US President’s withdrawal from international efforts to fight climate change casts a shadow over the future of climate finance. Some EU countries, cities and states within the US have already stepped forward, but more is needed from countries around the world to fill the gap.
Editorial Negotiations on how to implement the Paris Agreement will continue at the UN climate conference in Bonn this May. Ahead of the meeting, the European Commission has released a study showing manifold problems in the offsets generated under the Clean Development Mechanism. The study underlines the urgent need to stop using offsetting as a climate policy. The Green …
Just after the Paris Agreement enters into force, the world will reconvene in Marrakesh to put the interpretive meat on the bones of the Paris Agreement, including on the role of carbon markets, notably Cooperative Approaches and the Sustainable Development Mechanism (SDM) in Article 6. In elaborating the rules of Article 6, Carbon …
Scroll down for French and Spanish NAMAs state of play NAMA development has increased significantly in the past years, with 30% more NAMAs in development since December 2014. According to the NAMA Database by Ecofys,[i] which tracks NAMA development worldwide, up to October 2015 there were 162 NAMAs at different stages across 51 countries. NAMAs …
Scroll down for French and Spanish Last week, the Green Climate Fund (GCF) Board held its last meeting before the upcoming climate talks in Paris. The Board approved its first eight projects in support of climate activities in developing countries, marking a major milestone in the evolution of the GCF. The projects were approved after …
Read more “WATCH THIS! NGO Newsletter #13: Green Climate Fund Board in Zambia – Key Outcomes”
With the aim to approve first projects before COP21 in Paris, today the Board of the Green Climate Fund (GCF) will consider the first 8 funding proposals to receive Fund’s resources. Despite the opposition from the civil society, the Fund is also considering to accredit two high profile fossil fuel funders – HSBC and Crédit Agricole, – that are aiming to channel the Fund’s resources.
From 30 November to 11 December 2015, countries met in Paris to flesh out a historic deal to tackle global warming. The Carbon Market Watch team was in Paris to support the negotiations providing independent analysis on key issues and to raise awareness about potential deal breakers. Our advocacy and capacity building activities focused on …
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