Publications
As part of the Paris Agreement, it was agreed that prior to 2025 a new collective quantified goal (NCQG) should be set from a floor of US$100 billion per year, taking into account the needs and priorities of developing countries. The lessons learned from the process of setting the original climate finance goal of US$100 billion…
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From 29 September – 1 October 2022, the Standing Committee on Finance (SCF) convened for its 29th meeting in Cairns, Australia. Following a three-day meeting for the second part of the Forum on Finance for Nature-based Solutions, the meeting focused on the…
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From 17 to 20 July 2022, the Board of the Green Climate Fund (GCF) convened for its 33rd meeting in Incheon, Republic of Korea. The meeting’s agenda focussed on policy consultations, such as the update of the guidance on the approach and scope for providing support to adaptation activities; and steps to enhance the…
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From 16 to 19 May 2022, the Board of the Green Climate Fund (GCF) convened for its 32nd meeting in the city of Saint John’s, Antigua and Barbuda. For the first time since the start of the global COVID-19 pandemic the meeting was conducted in an in-person setting, focussing on policy consultations, such as the update of the Simplified Approval…
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From 16 to 19 May 2022, the Board of the Green Climate Fund (GCF) convened for its 32nd meeting in the city of Saint John’s, Antigua and Barbuda. For the first time since the start of the global COVID-19 pandemic the meeting was conducted in an in-person setting, focussing on policy consultations, such as the update of the…
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From 28 to 31 March 2022, the Board of the Green Climate Fund (GCF) convened for its 31st meeting. Due to the ongoing challenges imposed by the global COVID-19 pandemic, the meeting was conducted once again in a virtual setting, focussing primarily on procedural and administrative matters. Furthermore, the Board considered the approval of two…
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From 22-23 March 2022, the Standing Committee on Finance (SCF) convened for its 27th meeting. The meeting took place in Cape Town, South Africa, and was conducted in a hybrid format, which means that some SCF members and observers were present, while others participated virtually. Facilitated by the newly appointed Co-Chairs Mr. Zaheer Fakir (…
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"Making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development,” also known as Article 2.1c, is of particular importance to the success of the Paris Agreement. It represents one of the three long-term goals of the agreement, while also being a means to achieve the other two long-term goals…
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Since the adoption of the Copenhagen Accord in 2009, international negotiations on climate finance under the United Nations Framework Convention on Climate Change (UNFCCC) have focused primarily on quantitative elements, in particular the amount of financial resources provided over a certain amount of time or the resources allocated to certain…
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From 12 - 14 October 2021, the Standing Committee on Finance (SCF) convened for its 26th meeting. The meeting was conducted in a hybrid format, which means that some SCF members and observers were present in Bonn, while others participated virtually. Chaired by Mr. Ismo Ulvila (European Union) and Mr. Ayman Shasly (Saudi Arabia), the meeting…
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