Global Climate Finance (GCF) is one of the leading print and online magazine that offers news, analysis, reporting on climate change, sustainability, and environmental issues from its Headquarters in London.
Reliable journalism, analysis, thought leadership and Op-Ed articles from our industry experts/writers as well as our multimedia contents is an indispensable guide for those involved in the climate change negotiating process, or normal people who are concerned about climate change issues.
GLOBAL CLIMATE FINANCE, ALTHOUGH INDEPENDENT, OUR GOAL IS TO CREATE AWARENESS ABOUT CLIMATE CHANGE TO FURTHER THE AIMS AND WORK OF THE UNITED NATIONS. WE BELIEVE THAT NO INSTITUTION CAN SOLVE THE CHALLENGES OF CLIMATE CHANGE ON ITS OWN, HENCE; WE BRING TOGETHER A VARIETY OF PARTNERS SUCH AS:- GOVERNMENTS, INTERNATIONAL BUSINESSES, NGOS, FOUNDATIONS, CORPORATIONS, INVESTORS, RESEARCH INSTITUTES, AND OTHER MULTILATERAL ORGANISATIONS TO ADDRESS THESE CHALLENGES COLLECTIVELY TO CREATE PROSPERITY AND ERADICATE POVERTY.
What is climate finance?
Climate Finance refers to the financing of activities that reduce greenhouse gas emissions or help society adapt to the impact of climate change. This is the flow of funds from developed nations to less developed nations, but climate finance mechanisms can be deployed in developed nations as well.
One of the key outcomes of the Paris Agreement was a pledge to mobilise US$100 billion per year to help developing countries avoid the worst effects of climate change while addressing REDD+ Financing to Enhance Climate Change Mitigation and Adaptation in order for developing countries to significantly reduce emissions by accessing the Green Climate Fund.
Article Nine of the Paris Agreement says that developed country parties shall provide financial resources to assist developing country parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention and as part of a global effort, developed country parties should continue to take the lead in mobilising climate finance from a wide variety of sources, instruments and channels, noting the significant role of public funds, through a variety of actions. It goes on to encourage developing countries to step up their own efforts recognising that all countries have a part to play.
Global Climate Finance will like to thank our guest-writers and contributors who regularly weigh-in their expertise on climate change and financing issues. For those authors who will like to contribute their written work, please, click here for the contributors guidelines.