The Green Climate Fund is a new UN institution that is expected to become central in providing international climate finance. Oscar Reyes identifies some of the key issues that will shape its future. See also: GCF: Progress on Adaptation, but key decisions delayed (report on 6th Board meeting, Bali) 1. Is the GCF a Fund […]
Posts Tagged ‘GCF’
The Green Climate Fund (GCF) Board met in Paris, France from 7 to 10 October 2013. After the event, we asked a panel of NGO observers and experts to share their reflections on the meeting. You can listen to their reflections here: Listen to Seminar Panelists: Brandon Wu, ActionAid USA Andrea Rodríguez, Interamerican Association of […]
Download PDF The Green Climate Fund (GCF) aims “to make a significant and ambitious contribution to the global efforts towards attaining the goals set by the international community to combat climate change.” It was formally established by the United Nations Framework Convention on Climate Change (UNFCCC) in December 2011, although the groundwork was laid […]
“Results-based financing” (RBF, also referred to as “performance-based payment”) is a funding approach where payments are only made after specified outcomes can be proven to have taken place. The delivery of finance is made conditional upon the recipient country or company agreeing to outside verification that some agreed objectives have taken place. This, in turn, […]
When the Green Climate Fund Board met in Songdo, wealthy countries took another step toward financializing the world’s response to climate change.