Fill the Fund in Qatar: $10-15 billion for the Green Climate Fund

In Qatar, developed countries need to put forward a climate finance package that includes:  

• Commitments to total climate finance  (bilateral and multilateral, inside and outside the GCF) in 2013-2015 that are substantially above the levels of the Fast Start Finance period (2010-12); 

• A pledge of at least $10-15 billion in new and additional public finance to be disbursed to the GCF over the years 2013-2015, with 50 percent of these initial resources for adaptation through direct access where possible and preferred;   

• A clear roadmap for scaling-up climate finance to meet  the $100 billion per year commitment by 2020; 

• Decisions that advance the most promising alternative sources of public finance as part of this roadmap;

• Decisions allowing the full operationalization of the Green Climate Fund.  

<read more>