Contents with tag: GCF
The ninth meeting of the Green Climate Fund Board (GCFB 9) convened in Songdo, Republic of Korea from March 24 to 26, 2015 to receive updates on the status of contributions among other matters.
Five years from the next big ‘deadline on climate’, world leaders are still negotiating over deadlines. They are nowhere near agreeing on, much less mobilizing, even a basic roadmap for ensuring the fulfillment of commitments made by northern countries to the global south. This includes bankrolling US $100 billion of climate finance to developing countries every year by 2020, an amount climate scientists estimate is itself barely enough to meet the challenges we face.
As conflicts of interest between developed and developing countries heighten in the negotiations for a new protocol, IBON International offers policy positions on mitigation, adaptation, and finance which should form the most crucial building blocks for a new climate protocol.
Southern civil society organizations issued a statement, dated February 19, on the occasion of the Sixth Meeting of the Green Climate Fund Board in Bali, Indonesia. Some 28 CSOs, including IBON International, signed the statement demanding a Green Climate Fund "that serves the welfare of people and planet and not private profit."
The Green Climate Fund (GCF) is seen to be the subject of yet more intense debates at the UNFCCC's COP-18 climate change talks in Doha.
As the first week of UNFCCC COP18 in Doha, Qatar draws to a close, fault lines between developed and developing countries are becoming clearer.
The UNFCCC COP-18 opened this week in Qatar. More pressure than ever before rests on this COP process ending with a meaningful outcome characterized by developed country ambition in achieving emissions reductions, equity between developed and developing countries in emission reductions and climate financing, and legally binding commitments on all of these.
Four main items were discussed at today’s meeting of the Contact Group on Finance, i.e., general statements on the report on the work programme on Long Term Finance, the report of the Standing Committee, report on the Green Climate Fund (GCF) and initial guidelines; and on the arrangements between the Conference of Parties and the GCF.
BetterAid together with IBON addressed the fast-unfolding issues of Rio+20 and Green growth and climate financing by conducting two engagement workshops at the recently-concluded Civicus World Assembly 2011.