Archive

  • 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

  • African green bank launch stunted by GCF’s ‘longstanding governance issues’

    10 July 2018

    The bid to fund a world-first developing market green bank has been beset by ‘fundamental and longstanding issues around the governance’ of the Green Climate Fund (GCF).

  • Green Climate Fund director quits following ‘challenging’ meeting

    05 July 2018

    Howard Bamsey has resigned as executive director of the Green Climate Fund (GCF), it has been announced.

  • Green Climate Fund commits extra $1bn to developing nations

    05 March 2018

    The Green Climate Fund (GCF) is to provide an additional $1.09 billion for climate mitigation and adaptation projects as it says it is ready to "shift gear" in helping developing countries hit climate goals.