Green Climate Fund (GCF)

“Window of Opportunity to Avoid Catastrophic Climate Change is Fast Shrinking”

“The window of opportunity to avoid catastrophic climate change is fast shrinking,” executive director of the Green Climate Fund (GCF), Yannick Glemarec, tells IPS.

Global Climate Change Investment Heavily Tilted Towards Mitigation and Low on Adaptation

Good news: the graph depicting climate investments has been steadily increasing. Climbing from the 2012 figure of $360 billion in climate investments across the world to close to $600 billion currently.

Rwanda Prepares the Foundations for Climate-Resilient Cities

How do you plan a resilient city? A city that can withstand climate change impacts, and the natural disasters that it produces at increased frequencies. And how do you protect the city, its individuals and communities, its business and institutions from either the increased flooding or prolonged droughts that result? It’s a complex question with an even more complex solution, but one that the central African nation of Rwanda is looking to answer.

Q&A: ‘There’s a Lot More Climate Finance Available than People Think’

While growth in the green economy looks promising, government regulation and a business-as-usual approach are among the hurdles inhibiting cleaner energy production.

Caribbean Nations Pay Steep Price for Climate Change Caused by Others

Although their contribution to global warming is negligible, Caribbean nations are bearing the brunt of its impact. Climate phenomena are so devastating that countries are beginning to prepare not so much to adapt to the new reality, but to get their economies back on their feet periodically.

Public-Private Pacts Open Doors to Climate Finance in Rwanda and Ethiopia

The Global Green Growth Institute (GGGI) presented the African model of a National Financing Vehicle in which the governments of Rwanda and Ethiopia have successfully promoted green growth and climate resilience, at an event May 25 on the sidelines of the annual meetings of the Board of Governors of the African Development Bank (AfDB) in Busan, South Korea.

New GCF Project Signals Paradigm Shift for Water-Scarce Barbados

At the start of 2017, the Caribbean Drought and Precipitation Monitoring Network (CDPN) warned eastern Caribbean countries that they were facing “abnormal climate conditions” and possibly another full-blown drought. 



Caribbean Eyes Untapped Potential of World’s Largest Climate Fund

The Caribbean Community Climate Change Centre (CCCCC) also known as the 5Cs, is looking for ways to boost the region’s access to the Green Climate Fund (GCF).

A Breath of Fresh Air in India

With India’s citizens clamouring for breathable air and efficient energy options, the country’s planners are more receptive than ever to explore sustainable development options, says Frank Rijsberman, Director-General of the Global Green Growth Institute (GGGI).

Funding Climate Resilience Benefits All Nations – Yes, the U.S. Too

A leading climate change mitigation and adaptation activist and former climate negotiator in the Caribbean says that the United States could protect its economic and political interest by helping the region to go green.

Climate Change Solutions Can’t Wait for U.S. Leadership

From tourism-dependent nations like Barbados to those rich with natural resources like Guyana, climate change poses one of the biggest challenges for the countries of the Caribbean.

Caribbean Leaders Want Swifter Action on Climate Funding

When Tropical Storm Erika hit the tiny Caribbean island of Dominica on Aug. 27, 2015, it killed more than two dozen people, left nearly 600 homeless and wreaked damages totaling more than a billion dollars.

‘Complex’ Climate Fund Procedures Hindering Development

Though highly hopeful about achieving the U.N.’s Sustainable Development Goals (SDGs) well ahead of the 2030 deadline, Bangladesh is upset over the procedures to access the Green Climate Fund, calling them ‘ridiculously complex’ and warning that they may slow down its drive to achieve the SDGs.

“Paris Is Not the End of a Climate Change Process but a Beginning”

Chilean President Michelle Bachelet says the climate summit in Paris “is not the end of a process but a beginning,” and that it will produce “an agreement that, although insufficient with respect to the original goal, shows that people believe it is better to move ahead than to stand still.”

Groups Slam Green Climate Fund Approval of Firms Tied to Dirty Energy

Civil society representatives attending the board meeting of the Green Climate Fund (GCF) in Songdo, South Korea expressed strong disappointment Thursday with the board's decision to accredit Deutsche Bank - one of the world’s largest financiers of coal - to receive and distribute GCF funds.

Q&A: “Climate Change is About Much More Than Temperature”

The cost of inaction is high when it comes to climate change and, so far, countries’ commitments to reduce greenhouse gas (GHG) emissions are not enough, says Michel Jarraud, Secretary-General of the World Meteorological Organisation (WMO).

U.N. Swears by Hefty 100 Billion Dollar Target to Fight Climate Change

The most devastating impact of climate change – including rising sea levels, floods, cyclones and both droughts and heavy monsoons – will be felt mostly by the world’s poorest nations.

Adaptation Funding a Key Issue for Caribbean at Climate Talks

With less than six months to go before the next full United Nations Conference of the Parties also known as COP 21 – widely regarded as a make-or-break moment for an agreement on global action on climate change – Caribbean nations are still hammering out the best approach to the talks.

Climate Fund Rolls Out Amid Hopes It Stays “Green”

After a difficult infancy, the Green Climate Fund is finally getting some legs. The big question now is what direction it will toddle off in.

Caribbean Looks to France as Key Partner in Climate Financing

By the time leaders of the international community sit down in Paris later this year to discuss climate change, at least two Caribbean leaders are hoping that France can demonstrate its commitment to assisting their adaptation efforts by re-joining the Barbados-based Caribbean Development Bank (CDB).

Pacific Islanders Say Climate Finance “Essential” for Paris Agreement

As Pacific Islanders contemplate the scale of devastation wrought by Cyclone Pam this month across four Pacific Island states, including Vanuatu, leaders in the region are calling with renewed urgency for global action on climate finance, which they say is vital for building climate resilience and arresting development losses.

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