About: Green Climate Fund

The Green Climate Fund- a focal point of climate negotiation tensions

At a time when a series of international meetings on the climate is beginning, the funding tool for climate projects between the North and the South is facing governance problems. EURACTIV France reports.
Climate change 08-03-2018

Why the EU’s first post-Brexit budget must prioritise investment in climate action

Reflecting on the next EU budget post-Brexit, Eliot Whittington explains why now is the time for the EU to show leadership and unity to drive climate action and make a net-zero carbon economy the new normal.
Climate change 17-11-2017

Financing the IPCC: How Macron got away with spending so little

France has made no announcements at COP23, except for financing the Intergovernmental Panel on Climate Change, whose operating budget varies between €5 and 8 million. EURACTIV France reports.
Climate change 17-11-2017

Finding climate ambition outside of Europe

Yesterday at the Bonn climate summit, Prime Minister Roosevelt Skerrit of Dominica underlined the aftermath of Hurricane Maria and the support needed to rebuild a fully climate-resilient nation. Maeve McLynn describes how rich nations can help.
Climate change 18-01-2017

Obama shores up Paris Agreement with last-minute $500m payment

Barack Obama has heeded calls to help secure the future of the historic Paris Agreement by transferring a second $500 million instalment to the Green Climate Fund, just three days before he leaves office. That leaves $2 billion unpaid as Donald Trump takes office.
Climate change 21-12-2016

Petition calls for Barack Obama to fulfil Green Climate Fund pledge

More than 100 climate and development organisations, along with 70,000 people, have called on Barack Obama to help secure the future of the Paris Agreement by transferring the remaining $2.5bn committed by the US.
Development Policy 18-10-2016

French auditors launch assault on ‘Solidarity Tax’ for world aid

France's Solidarity Tax on air travel is a major source of funding for health programmes in the world's poorest countries. But Paris auditors have said it unfairly penalises Air France. EURACTIV France reports.
Climate change 27-05-2016

UN climate talks flesh out landmark Paris pact

Climate diplomats wrapped up technical talks Thursday (26 May) saying they were on the right track but still far from delivering on the promise of the historic pact forged in December.

Green Climate Fund out of reach for poorest countries

Three months after its launch, the Green Climate Fund is not accessible to the countries that need it most. EURACTIV France reports.
Climate change 15-12-2015

The Green Climate Fund’s not-so-green partners

The first projects of the Green Climate Fund have been approved. But the Fund's credibility has been tarnished by agreements with commercial banks involved in coal projects, like Deutsche Bank. EURACTIV France reports.
Development Policy 09-12-2015

Pacific islands demand easier access to climate finance

SPECIAL REPORT / "The waves will not wait for the funding to be allocated before flooding our islands," the small islands of the Pacific have warned. But climate finance is often beyond their reach. EURACTIV France reports
Development Policy 07-12-2015

Paris pushes other cities to bolster Green Climate Fund

The host city of the COP21 has announced a contribution of €1 million to the Green Climate Fund, and is mobilising support from municipalities the world over. EURACTIV France reports
Climate change 18-11-2015

COP21 will end a decade of failed climate finance

With 8,000 projects in developing countries, the Kyoto Protocol's Clean Development Mechanism (CDM) is still clinging to life. But the Paris agreement might spell the end for the ineffective system. EURACTIV France reports
Climate change 17-11-2015

Half of French climate finance spent on building renovation

Building renovation absorbed half of France's energy transition finance in 2013, or €36 billion, while the country spent €54 billion on oil and gas. EURACTIV France reports
Climate change 09-11-2015

‘Green revenues’ could help fund public spending and pay off national debts

The European Union will collect an expected €150 billion through the EU Emissions Trading System (EU ETS) over the next decade. Alex Bowen looks at how best governments can spend this money.

Green Climate Fund set for launch before COP21

The first projects of the Green Climate Fund could be under way as early as November. But the adaptation fund has struggled to meet its capitalisation targets. EURACTIV France reports
Development Policy 28-09-2015

Climate negotiations undermined by doubts over financing

Developed countries have pledged $100 billion per year to help fight climate change in the global South. But as the Paris UN climate summit approaches, it is unclear where this money will come from. EURACTIV France reports
Development Policy 03-09-2015

Bill Gates calls for more funds to help world’s poorest farmers

Bill Gates called for more funds to help the world’s poorest farmers deal with climate change on Tuesday (1 September), in an appeal that could help pry open the coffers of industrialised countries.
Climate change 02-07-2015

Europe’s regions demand financing for climate action

Three more European regions pledged to reduce their CO2 emissions by 80-95% by 2050 at the Summit Climate and Territories (WSCT) in Lyon on 1 July. EURACTIV France reports
Development Policy 08-04-2015

Cost to developing nations of leaving fossil fuels in the ground must be recognised

The EU must find a way of recognising the economic cost of developing countries leaving their fossil fuels in the ground, ahead of the UN Climate Change Conference in Paris, writes Ian Duncan MEP.
Development Policy 29-01-2015

Climate finance eclipsed by fossil fuel subsidies

The successful conclusion of a global agreement at the Paris Climate Conference depends heavily on the mobilisation of finance for the fight against climate change. So far, international fundraising efforts have lacked intensity. EURACTIV France reports
Climate change 20-01-2015

EU to launch diplomatic offensive ahead of Paris climate talks

Europe is launching a major diplomatic push for an ambitious deal on global warming, mobilising A-list celebrities and tens of thousands of diplomats to exert “maximum pressure” on key countries in international climate negotiations.
Energy 19-01-2015

After the oil price crash, it’s time for a carbon tax

The reduction in oil prices should be a good opportunity for Europe to put in place the appropriate tools for combating climate change, and to start the transition to a sustainable economy, writes Alberto Majocchi.
Global Europe 17-11-2014

G20 makes progress on climate change

Leaders from the G20 group of nations agreed Sunday (16 November) to boost flagging global growth, tackle climate change and crack down on tax avoidance. But ties between the West and Russia plummeted to a new low over the crisis in Ukraine.