By Chris Lang In August 2020, the Green Climate Fund approved US$28.2 million for “results-based” funding to Colombia, for the period 2015 to 2016. In the presentation of the proposed REDD payments, the Green Climate Fund Secretariat acknowledged that deforestation in Colombia, particularly in the Amazon, had increased since the Peace Agreement in 2016.
Tag: Green Climate Fund
Green Climate Fund approves US$103 million for “results-based” REDD to Indonesia. Don’t mention the peat fires in 2015. Or the fact that Indonesia’s deforestation rate is currently increasing
By Chris Lang Last week, at its virtual board meeting, the Green Climate Fund approved US$103 million of “results-based” funding to Indonesia for the period 2014 to 2016. Obviously the Green Climate Fund’s Board is suffering from a form of collective amnesia. The fires in Indonesia’s forests and peatlands in 2015 emitted more greenhouse gases…
Sign the letter to the Green Climate Fund: No REDD+ “results-based payments”
The Green Climate Fund Board will hold a virtual meeting between 18 and 21 August 2020. Included in the funding requests are two for REDD+ “result-based payments”: Indonesia REDD-plus RBP for results period 2014-2016; and Colombia REDD+ Results-based Payments for results period 2015-2016.
The Green Climate Fund must reject Arbaro’s industrial tree plantations
By Chris Lang At its 25th board meeting from 10-12 March 2020, the Green Climate Fund is due to decide whether to provide US$25 million to the Arbaro Fund. The money, together with a further US$175 million co-financing largely from other public sources, would be used to establish 75,000 hectares of commercial tree plantations in…
International Finance Corporation has withdrawn its REDD Climate Bonds proposal to the Green Climate Fund
By Chris Lang Last week REDD-Monitor posted an open letter to the Board of the Green Climate Fund written by the World Rainforest Movement. The open letter, which was signed by over 100 organisations, urged the board to say no to the International Finance Corporation’s funding proposal, “Climate Bonds for Forests: Scaling up Private Sector…