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March 2, 2024
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Green Climate Fund fails to strengthen private sector engagement, finds study

The Green Climate Fund (GCF) is the world’s largest dedicated multilateral climate fund, and aims to support climate mitigation and adaptation efforts in developing countries. Mobilizing financial resources from the private sector is an important priority for the donor countries backing the GCF. However, so far the GCF has underperformed in this respect.The Green Climate Fund (GCF) is the world’s largest dedicated multilateral climate fund, and aims to support climate mitigation and adaptation efforts in developing countries. Mobilizing financial resources from the private sector is an important priority for the donor countries backing the GCF. However, so far the GCF has underperformed in this respect.

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