Deutsche Bank has been accredited as an implementing entity of the Green Climate Fund (GCF) since July 2015. NGOs criticized its inclusion as sending the wrong signal, since Deutsche Bank is one of the world’s largest financiers of the fossil... more
The Green Climate Fund (GCF) has made significant progress in terms of supporting low-carbon and climate resilient development in developing countries. Yet the Fund still has to work on some of the gaps and challenges that have manifested throughout the... more
Deutsche Bank has been accredited as an implementing entity of the Green Climate Fund (GCF) since July 2015. NGOs criticized its inclusion as sending the wrong signal, since Deutsche Bank is one of the world’s largest financiers of the coal... more
At the end of the 15th meeting of the Green Climate Fund (GCF), which was held from the 13th to the 15th December 2016 in Samoa, there was a big round of applause from the attending board members. Firstly to... more
In the period from 13 to 15 December 2016, the Board of the Green Climate Fund (GCF) met for its 15th session to discuss current issues and project applications. It became clear that one issue was particularly controversial: what exactly... more
Deutsche Bank has been accredited as an implementing entity of the Green Climate Fund (GCF) since July 2015. NGOs criticized its inclusion as sending the wrong signal, since Deutsche Bank is one of the world’s largest financiers of the coal... more
Deutsche Bank has been accredited as an implementing entity of the Green Climate Fund (GCF) since July 2015. NGOs criticized its inclusion as sending the wrong signal, since Deutsche Bank is one of the world’s largest financiers of the coal... more
The different impacts of climate change on men and women and the need for integrating gender concerns into climate policies has long been neglected in international climate finance – despite the increasing recognition that a gender approach can improve its... more
From 28 to 30 June, 2016, The Board of the Green Climate Fund spent three solid days in Songdo, South Korea, discussing the future direction of the Fund. Containing no less than 26 items, the agenda was quite long. Not... more
Deutsche Bank has been accredited as an implementing entity of the Green Climate Fund (GCF) since July 2015. NGOs criticized its inclusion to be sending the wrong signal, as Deutsche Bank is one of the world’s largest financiers of the... more
Climate Finance Short-Changed, 2024 Update: Estimating the real value of the $100 billion commitment for 2021-22In 2009, rich countries promised to ramnp up climate finance to $100bn a year by 2020 to support climate action in lower-income countries low- and middle-income countries. According to the OECD, climate finance in 2022 stood at nearly $116 billion, reaching an surpassing the level originally promised for 2020.
In this new analysis, Oxfam estimates the impact of generous accounting pracitices that lead to significant over-estimation of provided support. By that estimate, the actual, support effort by developed countries specifically targeting climate action may have amlounted to a mere $28-35 billion, much lower than what officially reported figures seem to suggest.
This Methodoloy Note explains how the estimate was calculated. more ...
10 things to know about climate finance (2024)The publication by Heinrich-Böll-Foundation provides an overview of the most important developments and facts on international climate finance in 2024. more ...
