The biggest news in the last few weeks has been the US’s withdrawal from the Paris Agreement. One impact of this withdrawal is uncertainty over the delivery of the remaining $2 billion from the US’s $3 billion pledge to the Green Climate Fund (GCF). In response, however, many US state governors, mayors, university presidents, and businesses have reaffirmed their commitment to climate action.
New update – June 2013
The Climate Funds Update data is now current as of June 2013. This brief note highlights new developments including pledges, approvals, and disbursements. New Climate Finance pledges March 2013 – May 2013: On 24th May 2013 Sweden’s government announced a new pledge to the Adaptation Fund of USD 15 million, making Sweden the biggest donor to the…
New update – March 2013
The Climate Funds Update data is now current as of March 2013. Since November 2012, countries have pledged and deposited money in a number of climate funds. The UK has pledged USD 147 million to the Clean Technology Fund and deposited USD 101 million. Sweden also made a new contribution to the Scaling-Up Renewable Energy Program for Low…
Following the Money: An Update on The Status of Climate Finance
Following the first meeting of the board of the new global Green Climate Fund, and as UNFCCC parties meet in Bangkok to take stock of progress in implementing the Durban Platform, Climate Funds Update reflects on major developments in climate finance over the last six months. Nearly $1 billion has been pledged to dedicated climate funds The UK, United…