The Green Climate Fund ran short of other people’s money

The UN Green Climate Fund is a wasteful fraud

The UN Green Climate Fund is a wasteful fraud By David Wojick The UN Green Climate Fund (GCF) is neither Green nor about climate. They are mostly just doing normal foreign aid that the donor countries would be better off doing themselves. They have received and spent over $20 billion to date, with more billions […]

The Green Climate Fund ran short of other people’s money

On July 14, the UN’s Adaptation Committee put fund managers, negotiators, and development bankers on a video call to work through a problem that clearly has them rattled. The money is drying up. The Green Climate Fund, the Global Environment Facility, and the Adaptation Fund all sent people to explain how

Capitalise on Nairobi’s aelection as the Green Climate Fund’s hub

A dedicated climate finance readiness accelerator would serve as this vital institutional bridge. Rather than relying on sporadic training workshops, it must operate as a permanent...