by Charlene Watson (ODI) and Liane Schalatek (HBS) The Green Climate Fund now has approved more funding for climate change action in developing countries than any other multilateral climate fund. With the Board decisions taken at its 22nd Board Meeting at the end of February 2019, the Fund’s 102 projects, including the nine approved last…
Rising public climate finance flows only tell part of the story
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…
In Bonn and Beyond, Gender-Responsive Climate Finance Means More than Numbers
As the international climate community comes together from November 6-17 for this year’s climate summit, the COP23 in Bonn, a lot of attention will be focused on the fact that this is the first COP…
Climate Funds Update highlights: May 2017
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.
Climate Funds Update highlights: November 2016
The UNFCCC COP21 in Paris left high expectations for COP22 in Marrakesh to deliver a ‘concrete road map’ for mobilizing the $100 billion in climate finance for developing countries by 2020. The Climate Finance team at ODI has been analysing the latest trends in mobilising public international climate finance through the: Updates to the data…
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,…
The Green Climate Fund: Ready, set, go?
Smita Nakhooda (ODI) and Liane Schalatek (HBF) Climate finance was a hot topic at the UNFCCC COP in Durban, South Africa last year, and the adoption of the governing instrument of the Green Climate Fund (GCF) was a key outcome of the negotiations. This was a great relief: failure to reach agreement would have been read as…