The Green Climate Fund (GCF) made significant progress in 2014. By the end of the year, donor governments had committed an initial US$10.2 billion. Half of this sum will be devoted to adaptation, making the GCF the biggest multilateral adaptation finance institution in the world. The GCF’s first decisions on use of the funds are due to be taken in late 2015, in the run-up to the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP21), to be held in Paris, France. This policy brief looks at some of the key issues facing the GCF for it to become established as an effective financier of adaptation activities, during this critical year and beyond.
Harmeling, S. Effective support for climate change adaptation: Key tasks for the Green Climate Fund in 2015. Climate and Development Knowledge Network, (2015) 6 pp.