Green Climate Fund Approves $1B in New Projects

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On October 21, 2018, the Green Climate Fund (GCF) Board concluded its 21st meeting by approving 19 new projects, totaling $1.038 billion. This board meeting comes right after the IPCC released the Special Report on Global Warming of 1.5°C (SR1.5) (which we posted on here and here) and a little over a month before COP24. As UNFCCC Executive…
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China’s Effort to Limit GHGs

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China produces more carbon dioxide than any other country in the world: 10.357 million metric tons per year. To limit their impact on climate change, China includes environmental protection in their Five Year Plan (FYP). The FYP is the country’s blueprint that outlines the policy framework, priorities, economic, and social development goals for the 2016-2020…
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G77 + China: Perspectivas de la COP23

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Compuesto por 130 países, el G77 + China representa el grupo negociador más grande en la Convención Marco sobre el Cambio Climático (CMCC). El día de hoy durante su conferencia de prensa, la señora María Fernanda Espinoza en nombre del grupo, expresó los retos y debilidades de la COP23, así como los resultados positivos de…
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Money doesn’t grow on trees

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Walking into the COP, observer and party delegations alike are given a bar of chocolate. And while the candy bar does not give its holder a Golden Ticket, it does draw chocolate-lovers’ attention to an important message for the Trillion Tree Campaign. That campaign is spearheaded by Plant-for-the-Planet, an NGO launched in 2007 by a…
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Small Island Developing States Fishing for Adaptation Solutions

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For Small Island Developing States (SIDS) like Fiji, climate change adaptation requires immediate action. As my colleague Val analyzed previously, fish stocks are depleted and international tensions are rising as each nation attempts to protect the fishing economy it still maintains. When the Ocean Conference met in June of 2017, participants recognized the crucial role oceans play as…
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Trump’s proposed budget would cut US international climate change work significantly

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According to Inside Climate News, the Trump Administration’s recently unveiled budget proposal would cut $10.1 billion from the United States’ current international climate work, which represents a 28% reduction from the status quo. It would eliminate the Global Climate Change Initiative (GCCI), which funds all climate-related bilateral efforts, like collaborations with China and India, and contributes to the United Nations…
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A Numbers “Crunch” – Trump & The UNFCCC

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Like most every other institution around the globe, for a while now, the UNFCCC has been called on to do more with less. This is clearly reflected in the Executive Secretary’s recent budget presentations that report contributions to UNFCCC trust funds have declined significantly for at least the last 5 years. In fact, 2016 contributions…
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LDCs – Concern, yet hope, entering Week 2 of COP22

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At the end of the first week, many were expressing concern that Marrakech’s purported COP of Action wasn’t measuring up for the world’s most vulnerable countries. Yesterday morning, Least Developed Countries (LDC) Chair, Tosi Mpanu Mpanu, identified troubles on key issues of ambition, adaptation / loss & damage, and climate finance. In particular, he noted…
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The GCF – Can We Count On It?

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In 2009, as we reported earlier, developed country Parties to the UNFCCC committed to jointly mobilize $100 billion/year by 2020 to help developing countries address their climate change needs. The Green Climate Fund (GCF) – the designated heavy lifter for this goal – was created by COP16 in 2010. Its purpose is to fund developing…
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“Hit the ground running.”

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With this statement the Executive Director of the Green Climate Fund (GCF), Ms. Hela Cheikhrouhou, reported on the current status of the fund. The interactive session held on Thursday at COP 20 provided a brief overview of the latest GCF decisions, and laid out the expected deliverables for next year.  Offering an optimistic perspective, Ms. Hela affirmed that grants are…
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Australia wins the Fossil of the Day… again!

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Since COP 20 started 9 days ago, Australia has already won 3 of the 7 daily Climate Action Network (CAN) Fossil of the Day awards.  Last Thursday, Australia won the award for declaring that loss and damage should be an element of adaptation in the 2015 agreement. On Friday, the award was once again given…
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Meeting the $10 Billion Goal With A Long Way Still To Go

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As reported in this blog last week, the Green Climate Fund (GCF) reached $9.95 billion of its $10 billion goal for 2014. Pledges over the weekend increased the total to $9.9 billion. Today, the Ministerial Dialogue on Climate Finance discussed how current institutions and tools are providing countries with reassurance that public finance is flowing…
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