• An update on the Green Climate Fund as it lauds record $3bn haul

    26 October 2021

    The GCF has its work cut out to significantly raise the level of private commitments to the fund - despite a record year for fundraising, writes Margaret-Ann Splawn

  • News round-up: EU offshore wind push, muni green project fund, sovereign ESG data set ... and more

    20 November 2020

    European Commission vice-president Frans Timmermans encouraged EU member states to use funds from the €750 billion Next Generation EU fund to make targeted investments in the space to "unlock the necessary private financial flows" to power the expansion.

  • EU countries urged by MEPs to ‘at least double’ GCF pledges

    07 November 2019

    Every country in the EU should “at least double” their contribution to the Green Climate Fund, the influential Committee on the Environment, Public Health and Food Safety (ENVI) has said.

  • Countries pledge $9.8bn to GCF

    28 October 2019

    The first replenishment of the UN-backed Green Climate Fund (GCF) has seen 27 countries commit to provide a further $9.8 billion in funding for the next four years.

  • GCF belatedly signs off on Southern Africa green bank

    22 August 2019

    The Green Climate Fund (GCF) has signed an agreement with the Development Bank of Southern Africa to launch the long-awaited Climate Finance Facility (CFF) – a first-of-its-kind green bank in Africa.

  • How the Green Climate Fund can accelerate the development of low-carbon cities

    22 March 2019

    The South Korea-based fund should seek to derisk investments and explore innovative solutions such as resilience bonds, argues Alexandra Tracy

  • Green Climate Fund names Glemarec new executive director

    25 February 2019

    The Green Climate Fund (GCF) has named France’s Yannick Glemarec as its new executive director, seven months after his predecessor quit.

  • Green Climate Fund commits $1bn to new projects

    22 October 2018

    Funding awards for a ‘world first’ developing market green bank and a controversial water project in oil-rich Bahrain have been revealed as part of the latest in the embattled Green Climate Fund (GCF)’s disbursals.

  • Can the private sector save the Green Climate Fund?

    10 July 2018

    Last week's unproductive board meeting highlights the need for the Green Climate Fund to reform, says Alexandra Tracy