Published: October 5th, 2023,
Last updated: October 5th, 2023
The result of today’s replenishment round for the UN Green Climate Fund is disappointing. Twenty-five donor countries have contributed a mere 9.3 billion US dollars to finance climate action in developing countries. Admittedly, the small amount can be quickly explained: The United States has not yet been able to make a commitment because of the budget dispute. Sweden and Italy also plan to contribute, but have not yet named a sum. In the near future, the ten billion from the last replenishment round will probably be exceeded.