The Green Gimate Fund’s “No-Objection” Procedure and Private Finance: Lessons Learned from Existing Institutions

Africa - Climate -

The Green Climate Fund is supposed to be the major channel for delivering money to developing countries to support their climate adaptation and mitigation plans. However, even before there is money to distribute, efforts are underway by some governments and private industry to make sure that the lion’s share of the money ends up as private profit. This report, co-written with the Institute for Policy Studies and Friends of the Earth US, is about setting ground rules for how the Green Climate Fund will deliver its money.