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Joint statement on donors' pledge of $174.2 million and confirmation of support to the Least Developed Countries Fund and Special Climate Change Fund
The text of the following statement was released by the Governments of Belgium, Canada, France, Germany, Norway, Spain, Sweden, and the United Kingdom.
Enhancing access and increasing impact: the role of the multilateral climate funds
Joint declaration of the heads of the Adaptation Fund, the Climate Investment Funds, the Global Environment Facility and the Green Climate Fund
The need for collective, urgent, and ambitious action on climate is greater than ever before. As the results of the first global stocktake make clear, the world is not on track to meet the goals of the Paris Agreement. While progress is seen in some areas, much more is needed to reach net zero and adapt to climate impacts. A rigorous “all of economy, all of society” approach is needed across all systems and sectors.
Climate Change Mitigation
Climate change is a growing major threat to human and natural systems on our planet. The world must focus on scaling up climate mitigation action that minimizes trade-offs and maximizes synergies with other government economic and development priorities, including protecting nature and promoting an equitable post-pandemic recovery. In this context, the GEF is very well positioned to help accelerate action standing on three decades of experience in the provision of climate financing.
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