The European Commission’s (EC) plan to mobilise more than 1 trillion EUR over the next 10 years to support the EU’s transition to climate neutrality sends a strong signal that the Commission is putting climate action at the centre of its work. It strengthens the case for raising the EU’s 2030 climate target to 65%….
Today, civil society organisations have sent out a letter to leaders of the European Commission to call on them to adopt financial investment rules which will benefit both the people and the environment. The letter is part of a wider effort from civil society to make sure that “sustainable” finance does not end up harming people…
Another round of UN climate talks closed on May 10th in Bonn, where negotiators discussed the “Paris Agreement rulebook”, a set of rules to regulate how commitments put forward in Paris can be implemented starting in 2020. The rulebook is to be finalised by the UN climate change conference (COP24) in December this year in…
The Board of the Green Climate Fund (GCF) met for the 17th time at its headquarters in Songdo, South Korea in July 2017 to discuss important policy issues for the way forward. One key issue on the agenda was the approval of new accredited entities to the Board, including two entities that are known for…
18 Jul 2017 Editorial Dear partners, dear friends, It is my pleasure to bring you the latest edition of the Watch This newsletter! This issue will give you the latest on the international climate negotiations. Our first article comes back on the latest UNFCCC intersession, which took place last May in Bonn, focusing specifically…
The US President’s withdrawal from international efforts to fight climate change casts a shadow over the future of climate finance. Some EU countries, cities and states within the US have already stepped forward, but more is needed from countries around the world to fill the gap.
NAMAs state of play NAMA development has increased significantly in the past years, with 30% more NAMAs in development since December 2014. According to the NAMA Database by Ecofys,[i] which tracks NAMA development worldwide, up to October 2015 there were 162 NAMAs at different stages across 51 countries. NAMAs are preferably implemented as wide…
Last week, the Green Climate Fund (GCF) Board held its last meeting before the upcoming climate talks in Paris. The Board approved its first eight projects in support of climate activities in developing countries, marking a major milestone in the evolution of the GCF. The projects were approved after many hours of discussion within the…
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