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Articles for Gcf

COP28 - Climate crisis and survival of Pacific Island Countries
1 year ago

COP28 - Climate crisis and survival of Pacific Island Countries

Hindustan Times  

The concept of security, essentially tied to the survival of a State continues to remain the most potent one in the 21st century. Pacific Island countries for example, view the climate crisis as the most potent challenge in international relations, given the fact that they are not just at risk of more devastating natural disasters, but also of being completely …

Climate Change Security Water Fishing Pacific Island Crisis Fund
Afghanistan excluded from COP28 as climate impacts hit home
1 year ago

Afghanistan excluded from COP28 as climate impacts hit home

The Hindu  

Humanitarian concerns have been raised over Afghanistan being left out of United Nations climate negotiations for a third year in a row, as the country grapples with worsening drought and floods. Though ultimately unsuccessful, "there's hope that maybe next year you might see engagement with Afghanistan in some capacity again," said Qiyamud Din Ikram of the nonprofit Refugees International on …

Climate Afghanistan Country Taliban Nepa Kabul Cop28
Stocktaking climate finance — a case of circles in red ink
1 year, 1 month ago

Stocktaking climate finance — a case of circles in red ink

The Hindu  

Climate finance has a crucial role in retaining the trust of the developing countries in future climate change negotiations. Estimating adequate climate finance The developed countries are required in mandatory terms to provide financial resources to developing country parties. Under Article 9 of the Paris Agreement on Climate Change, it is also mandatory for the developed countries to provide in …

Finance Global India Climate Change Financial Parties Developing
G20: UK PM Rishi Sunak announces $2 billion aid to Green Climate Fund
1 year, 3 months ago

G20: UK PM Rishi Sunak announces $2 billion aid to Green Climate Fund

Live Mint  

As the G20 Summit moves towards conclusion, the United Kingdom will contribute a record $2 billion to the Green Climate Fund to tackle climate change, Prime Minister Rishi Sunak announced on Sunday. G20 Summit LIVE Notably, this is the biggest single funding commitment made by the UK to help the world tackle climate change. The Green Climate Fund is the …

Climate Change Change Climate G20 Fund Contribution Aid
COP27 fails to improve on COP26 but loss and damage fund the saving grace
2 years ago

COP27 fails to improve on COP26 but loss and damage fund the saving grace

The Hindu  

Published : Nov 29, 2022 14:31 IST Some 30 years ago, in 1991, the Pacific island nation of Vanuatu put the term “loss and damage” on the table of the UN climate negotiations, which finally saw some tangible progress at the 27th session of the Conference of the Parties to the UN Framework Convention on Climate Change. The Glasgow declaration …

Global India Climate Change Global Warming Loss Climate Climate Action
Green Climate Fund to help revive mangrove ecosystem
2 years, 2 months ago

Green Climate Fund to help revive mangrove ecosystem

The Hindu  

The Andhra Pradesh Forest Department has prepared the ground to restore nearly 300 hectares of salt marshy land and restoration of mangrove and mudflat ecosystems along the State’s coastline under the United Nations’ Green Climate Fund. The UNDP has granted ₹298 crore for the six-year project through which coastal communities would be roped in for protection and restoration of the …

Pradesh Andhra Godavari Kakinada Gcf Mangrove Cover Sanctuary Krishna
Weighing in on India’s investment-led revival
2 years, 5 months ago

Weighing in on India’s investment-led revival

The Hindu  

The Finance Minister, Nirmala Sitharaman, said recently that India’s long-term growth prospects are embedded in public capital expenditure programmes. Lag in investment Public investment-led economic growth has a respectable academic pedigree, and forms a credible strand of explanation for India’s post-Independence economic growth. However, a recent uptick is evident in the real gross fixed capital formation rate — the fixed …

Finance India China Economic Capital Share Public
How the US is hindering global climate financing
2 years, 5 months ago

How the US is hindering global climate financing

Al Jazeera  

Washington has not delivered on its promise to the Green Climate Fund, a tool to avert catastrophic climate change. “We cannot afford for every country to follow these industrialisation pathways that the developed world has done,” said Joe Thwaites, an international climate finance advocate at the US-based Natural Resources Defense Council. The GCF is not the only mechanism for climate …

India Climate Change Board Congress Funding Electric Vehicles Climate Finance
Deconstructing climate finance
3 years, 2 months ago

Deconstructing climate finance

The Hindu  

In the run-up to the 26th Conference of the Parties of the UN Framework Convention on Climate Change, media reports have claimed that developed countries are inching closer to the target of providing $100 billion annually in climate finance to developing countries by 2025. This view has been bolstered by the Organisation for Economic Co-operation and Development, which claimed that …

Finance Climate Change Climate Loans Climate Finance Developing Countries Billion
Landmark pact to protect Amazon rainforest shows little progress
3 years, 3 months ago

Landmark pact to protect Amazon rainforest shows little progress

Al Jazeera  

The Leticia Pact signed by seven South American Amazonian nations was supposed to protect the world’s largest rainforest. ‘Advance decisively’ Three months after the Leticia Pact was agreed upon by seven countries that are home to the Amazon basin – Brazil, Ecuador, Colombia, Peru, Bolivia, Guyana and Suriname – leaders created an “action plan” to implement its 52 points. “There’s …

Amazon Colombia Deforestation Forest Indigenous People Brazil Million