green climate fund Articles

With the first meeting of the Green Climate Fund (GCF) fast approaching, two regional groups – Asia-Pacific and Latin America and the Caribbean – have yet to nominate their Board members. Negotiated over the last two years, the GCF is expected to deliver large-scale finance to developing countries to address ...

Jun. 12, 2012

By World Resources Institute WRI

A year after its inaugural meeting, the Board of the Green Climate Fund (GCF) left its fifth meeting in Paris earlier this month with a collective sense of urgency. The GCF is expected to become the main vehicle for disbursing ...

Oct. 23, 2013

By World Resources Institute WRI

Last year, we spent time in several countries—Colombia, the Philippines, Fiji, Namibia, Ghana, Zambia and Benin—trying to understand how they can better position themselves to access funding to mitigate and adapt to climate change (See Box 2). These countries have already made considerable progress in their plans, policies, and projects to respond to climate change. However, if they ...

Feb. 13, 2014

By World Resources Institute WRI

Research shows that developing countries will need about $531 billion of additional investments in clean energy technologies each year in order to limit global temperature rise to 2° C above pre-industrial levels, thus preventing climate change’s worst impacts. While developed countries ...

Mar. 10, 2013

By World Resources Institute WRI

In its seventh year, progress for the fund has been slow. What will it take to fulfill the GCF’s promise? When the world’s poor countries demanded action during the failing United Nations–led climate negotiations in Copenhagen in 2009, the U.S. government responded with a promise: It would help raise US$100 billion a year by 2020 to assist efforts to cope ...

Apr. 28, 2016

By Ensia

One day after the momentous inauguration of the Green Climate Fund (GCF) earlier this month, WRI, the Ministry of Strategy and Finance of the Republic of Korea, and the Korea Capital Market Institute co-hosted a conference ...

Dec. 20, 2013

By World Resources Institute WRI

Empowering the next generation through universal education should be an essential element in climate change adaptation. The international community has pledged up to $100 billion per year by 2020 to the U.N.’s Green Climate Fund — much of which has, to date, primarily been dedicated to mitigation and adaptation investments, mainly engineering projects for building ...

Dec. 16, 2014

By Ensia

The world will need to spend an estimated US$5.7 trillion annually in green infrastructure by 2020 in order to limit global temperature rise to 2 degrees C. This week, it took a step toward creating an institution – the Green Climate Fund – that will be pivotal in achieving this ...

Dec. 6, 2013

By World Resources Institute WRI

In its seventh year, progress for the fund has been slow. What will it take to fulfill the GCF’s promise? When the world’s poor countries demanded action during the failing United Nations–led climate negotiations in Copenhagen in 2009, the U.S. government responded with a promise: It would help raise US$100 billion a year by 2020 to assist efforts to cope with ...

Apr. 28, 2016

By Ensia

Expectations are running high as the Board of the Green Climate Fund prepares for its fifth meeting in Paris this week. As the scale of the global climate change challenge becomes increasingly apparent, the GCF is expected to play a pivotal role in moving money quickly and smartly to help countries ...

Oct. 6, 2013

By World Resources Institute WRI

The Green Climate Fund (GCF) has big ambitions: It aspires to become the main global fund for providing climate change finance, contributing to activities like the design of resilient cities and ...

Feb. 14, 2014

By World Resources Institute WRI

UN report claims $500bn is needed to tackle global warming, reports Envido. The UN yesterday condemned the failure of rich nation to take the lead in tackling climate change, adding that the current levels of funding climate change mitigation and adaptation are “woefully inadequate”. The UN Department of Economic and Social Affairs, which released yesterday a new climate change report ...

Sep. 3, 2009

By Vital Efficienci Ltd.

On 22-23 March 2012, the World Resources Institute (WRI) and Climate Analytics held an informal meeting of negotiators involved in the design of the Green Climate Fund (GCF) in New York City. The purpose was to provide an opportunity for prospective Board members, alternates, advisers, and other delegations involved in negotiations around the GCF, to exchange views on the next steps in the ...

Jun. 12, 2012

By World Resources Institute WRI

This working paper examines the resource allocation approaches of 15 climate, environment and development funds, drawing on these experiences to understand how they might inform the design of the Green Climate Fund’s allocation system. Executive Summary In 2010, parties to the United Nations Framework Convention on Climate Change established the Green Climate Fund (GCF) with ...

Jan. 1, 2014

By World Resources Institute WRI

Experts say that developing nations could require more than $100 billion for adaptation each year. Developed countries say that they have already delivered more than $33 billion so ...

Jan. 8, 2013

By World Resources Institute WRI

It could be said that when the average man on the street hears about a new Environmental Fund or Climate Change Funds its easy to imaging the observer visualizing a member of Greenpeace flogging and IPO prospectus on Wall Street. Perhaps destined to be a most undersubscribed offering.In reality many of these carbon fund raisings are employing tried-and-true investment principals such as: ...

Oct. 11, 2007

By Blackstone Global Ventures a.s.

In the last few decades, the world has witnessed that 'going green' is not just a push coming from politicians and environmentalists. It is a change of attitude which does not only honour the commitment of environmental protection, but also saves a good deal of money, in most cases. This is why, many big multi-national giants have devised the company policies leading them towards sustainable and ...

Mar. 11, 2014

By Greenshine New Energy LLC

Introduction and Executive Summary This background paper for the international conference 'Greening the Financial Sector - A Conference for Banks and Insurance Companies' introduces a variety of themes that will be discussed during the conference. The aim is to give a common platform for all participants of the conference. The themes range from the general consideration of the role of financial ...

Jan. 1, 1998

By Wuppertal Institute for Climate, Environment and Energy

In midtown Manhattan, home of the nation’s priciest office space, the equivalent of 16 office towers, each 40 stories high, now stand empty. This statistic, from the Wall Street Journal, underscores the vast damage inflicted on commercial real estate by the economic downturn. Given the ailing market, this hardly seems the time to invest in expensive green upgrades. But a recent report suggests ...

Jan. 7, 2010

By Energy Efficiency Markets LLC

In the past ten years, environmental concerns have taken centre stage both in public perception and in business. Oliver Cann explores the growing call for change. Business, government and the environment - to say nothing of the media - have to coexist, but it is not always easy. Governments for their part signed up to the Kyoto Protocol in 1997 and agreed to reduce greenhouse gas emissions to ...

Jul. 1, 2006