It has now been well over five years since the Green Climate Fund (GCF) was set up with its headquarters in Songdo, Korea to support both mitigation and adaptation projects and programmes in developing countries. It received an initial contribution of around USD 10 billion and is now undergoing a review of its performance in anticipation of a major replenishment …

The Green Climate Fund (GCF) was created under the United Nations Framework Convention on Climate Change (UNFCCC) to channel up to USD 100 billion a year from 2020 onwards from the developed countries to the developing countries to help them tackle climate change through both mitigation and adaptation projects. The fund started four years ago with its headquarters in Songdo, …

The Green Climate Fund (GCF) was set up under the United Nations Framework Convention on Climate Change (UNFCCC) to channel much of the USD 100 billion a year starting from 2020 onwards that the developed countries have promised to provide to developing countries to tackle climate change through both mitigation and adaptation projects and activities. The GCF with its headquarters …

The Green Climate Fund (GCF) was created under the United Nations Framework Convention on Climate Change (UNFCCC) to channel USD 100 billion a year starting from 2020 onwards, which the developed countries have pledged to provide to developing countries to tackle climate change through both mitigation as well as adaptation activities. The Secretariat of the GCF is located in Korea …

ADAPTATION TO CLIMATE CHANGE Apart of the historic Paris Agreement on Climate Change, agreed in 2015, was the pledge by developed countries to provide a minimum of USD 100 billion a year from 2020 onwards, to assist developing countries tackle climate change through both mitigation and adaptation. They also created a new funding body called the Green Climate Fund (GCF) …

The morning of last Monday in Marrakech, Laurent Fabius, the Environment Minister of France, who was president of the United Nations Framework on Climate Change’s (UNFCCC) 21st Conference of Parties (COP21) since last December, handed over the presidency to Hakima El Haite, the Environment Minister of Morocco. She has now taken over as President of COP22 here in Marrakech. This …

(Originally published here) A high official yesterday complained that the release of global climate fund (GCF) meant for supporting the adaptation projects in vulnerable countries remains slow, hindering the implementation activities. “It needs to be expedited. The approach should not be like a banker,” said Dr Nurul Quadir, joint secretary of the Ministry of Environment and Forests, giving a reference …

(Originally published here) As the implications of the Paris Agreement on Climate Change of 2015 become clear, financing of actions to tackle climate change on both the global and national level in every country will play a key role. These will, in turn, be influenced largely by the global and national political economy. In this article, I will try to …

(Originally published on Dhaka Tribune here) As a developing country and member of the Least Developed Countries (LDC) Group, Bangladesh is used to receiving development assistance from rich countries since our independence over four decades ago. This development assistance is received under what is commonly called Official Development Assistance (ODA). This has amounted to the tune of several billion dollars …

(This article originally published here) Ahead of the Paris climate summit (COP21), the Green Climate Fund (GCF) Board will decide which of the submitted proposals will receive the first round of funding at its 11th board meeting in Livingstone, Zambia (PDF) (2-5 November 2015).   But while there is a clear need for balancing decentralised solutions with traditional large-scale infrastructure projects, not …