By Liane Schalatek Just in time for the international climate community coming together from December 3-14 for this year’s international climate summit, the COP24 in Katowice, Poland, two complementary sets of climate finance data and reports, one by the UNFCCC’s Standing Committee on Finance (SCF), the other by the Organisation for Economic Co-operation and Development…
Climate Finance: A few more fundamentals
As Qatar prepares to host COP 18, decisions on how to deliver and channel finance to help developing countries respond to climate change will again be on the agenda. Climate finance is mobilized in the context of UNFCCC principles that recognize countries common but differentiated responsibilities to act to address climate change. Despite fiscal pressures,…
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…