The Green Climate Fund – soon open for business?
The Green Climate Fund – soon open for business?
First things first
If the current GCF-negotiations will indeed show progress, this in turn could catalyse positive engagement in the upcoming UNFCCC climate negotiations. We are just one year ahead of the criticalUnited Nations Climate Change Conference in Paris in 2015, during which a new legally binding and universal agreement on climate needs to be agreed upon. Therefore, here in Korea, the GCF Board will focus entirely on the essential requirements that need to be in place before donors will even start to consider pledging money to the fund.
Saving time
It is hard to say whether the Board will be successful at this meeting. Some signs are positive: for the first time, for instance, board members have ample space to meet in smaller groups. This will hopefully avoid some of the frustrating lengthy plenary discussions held at previous meetings, where precious time was spent on sometimes ridiculous issues such as whether board members can fly first or business class. Also, convergence on a number of issues is slowly growing.
Who gets access?
But not all is positive. Among civil society groups that have been monitoring the establishment of the GCF for more than 2 years now, there is great concern that some crucial issues are falling off the agenda. Especially ‘country ownership’ and ‘direct access’ - key agenda items for Both ENDS and partners - receive way too little attention. Country ownership means that developing countries, rather than distant funds, decide which climate projects to invest in. Under ‘direct Access’, national governments or their nominated national and subnational institutions receive international climate funds and disburse them to relevant projects. To ensure all stakeholders in future receiving countries have a direct say on how the funds will be spent, country ownership and direct access are crucial. Only this way the funds will end up there where they are most needed: on the ground where vulnerable communities need support to deal with the consequences of climate change and to get access to clean energy.
Turning the tide
In the current proposals discussed at the Green Climate Fund meeting, money will in a first phase be mainly channeled through international financial institutions or intermediate funds, which will make it more difficult for local authorities and organisations to access them and for countries to determine their own priorities. Lidy Nacpil from Jubilee South, whom I spoke to here in Songdo, said: “Well before the GCF was created, the idea was already to get climate funding to support the efforts of climate change institutions in our own countries. The GCF was set up for that, but the current Board documents are giving international institutions a huge advantage over local institutions.” A number of developing country Board members are expressing similar concerns, but the question remains if they can turn the table. The next few days will tell.
Anouk Franck is programme officer at Both ENDS and currently present at the seventh Board meeting of the Green Climate Fund.
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Publication / 25 May 2023
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Event / 25 May 2023, 16:00 - 17:30
The Future We See: economic systems
What does an economy look like that serves the well-being of people and the planet?
A wide range of great ideas about a transition to sustainable and just economic systems already exist, including ways to get there and examples that show that it is really possible. In this talkshow, we highlight some of these examples and hope to fuel the dialogue about this topic.
Inspired? Join our 'The Future We See' - talkshow on May 25th! You can either attend live or online, quietly listen or actively participate in the discussion. We hope to see you there!
Get your free tickets for the liveshow (limited!) or to join online here!
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Publication / 23 May 2023
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Press release / 23 May 2023
60th anniversary of Dutch bilateral investment treaties no cause for celebration
On 23 May, the Netherlands celebrates 60 years of bilateral investment treaties (BITs). The first BIT was signed with Tunisia in 1963. These treaties were intended to make an important contribution to protecting foreign investments by Dutch companies. A study by SOMO, Both ENDS and the Transnational Institute (TNI), however, shows that in practice they mainly give multinationals a powerful instrument that has far-reaching consequences people and the environment worldwide.
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Letter / 4 May 2023
Letter from NGOs to Dutch export credit agency: CSR policy must be strengthened
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News / 4 May 2023
18 reasons for a Dutch agricultural policy with an international perspective
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Publication / 24 April 2023
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Press release / 21 April 2023
Manifesto: The Netherlands can reduce its international footprint with new Agricultural Agreement
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News / 18 April 2023
The Future We See - dialogues about sustainable and just global systems
In these uncertain times of accumulating national, international and global crises, we need hope and inspiration more than ever. Fortunately, many hopeful ideas and initiatives are already existing that show that it is indeed possible to change the world - and especially the systems behind it - in a sustainable and fair way. What opportunities are to be found, what is hopeful, what is already happening and how can we, as the Netherlands, respond to this?
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Event / 23 March 2023, 13:15 - 14:30
Making finance for gender just water and climate solutions a reality!
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Event / 23 March 2023, 09:00 - 11:00
Towards just water governance in Colombia; a dialogue on the Transformative Water Pact
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Letter / 22 March 2023
Suggestions to the CRM Act appreciations for the Dutch government
While the energy transition via renewable energy, such as solar and wind energy, is fundamental to reduce EU CO2 emissions, we are concerned with the impacts it will have on the (geo-political) economy, people and environment. Our collaboration with civil society organisations in the Global South over the past 30 years has shown us that the patterns of consumption by rich countries, such as the Netherlands and the EU in general, have a devastating impact on people and the environment in mainly Africa, South-America and South-East Asia.
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Publication / 21 March 2023
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News / 21 March 2023
Agua es vida: Both ENDS and water governance
Water is literally life, the lifeblood of ecosystems, of nature, of humans. However, in many places the distribution and use of water is unjust and unsustainable. Water management is generally focused on short-term economic interests, on maximizing the profit of a well-connected few at the expense of people and nature. This dominant view of water and water management has its origins in the European industrial revolution, which became the global norm through colonialism and globalization. But according to Melvin van der Veen and Murtah Shannon, water experts at Both ENDS, this view will have to give way to equitable, sustainable and inclusive water management. Both ENDS cooperates with and supports communities and organisations worldwide who are working to this end.
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Press release / 20 March 2023
A Transformative Water Pact : A radical response to the global water governance crisis
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Publication / 15 March 2023
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Publication / 15 March 2023
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Publication / 9 March 2023
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Press release / 9 March 2023
Dutch Pension funds do not vote in line with climate ambitions
Authors note rectification 13 April 2023
Most Dutch pension funds and their asset managers do not vote consistently in favour of climate resolutions at the oil and gas companies and banks in which they invest. That is the conclusion of a report published today by Both ENDS and Groen Pensioen. Eleven of the twelve* Dutch pension funds studied have made public statements and pledges about adapting their policies in line with the Paris Climate Agreement. But their voting behaviour does not sufficiently correspond with these pledges. Only pension fund PME votes for 100% in line with its own climate promises.
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Publication / 9 March 2023