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WHAT’S NEWS
A round-up of GCF and climate news: 14 - 20 January 2023
This week, the Abu Dhabi Sustainability Week (ADSW) kicked off. GCF CFO and COO Hong-Thuy Paterson represented the Fund in high-level events, such as the Sustainable Finance Forum and the Green Hydrogen Summit, and met with industry leaders and key delegations.
At the World Economic Forum Annual Meeting in Davos, USAID Administrator Samantha Power announced the launch of the EDGE Fund, which will mobilise private sector capital for global development projects. Among the first projects slated to receive resources through the EDGE Fund are two GCF initiatives – the Green Guarantee Company and the Barbados Blue-Green Bank.
In other news, UAE and South Korea issued a Joint Declaration on Climate Action, welcoming the launch of GCF's second replenishment. |
| | | | | | At the World Economic Forum today, Administrator Samantha Power announced USAID will launch the Enterprises for Development, Growth, and Empowerment... |
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| | | | | Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, and Yoon Suk Yeol, President of South Korea, stand for the ... |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | Zawya • Unknown • Jan 19 05:35 pm | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | The 5th edition of the Abu Dhabi Sustainable Finance Forum focussed on paving the path to COP28 to be held later this year by discussing ... |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | IUCN • Unknown • Jan 14 05:34 pm | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | The International Union for Conservation of Nature (IUCN) in collaboration with the Ministry of Environment, Rwanda Forestry Authority (RFA),... |
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| | | | | The Green Climate Fund (GCF) through its Simplified Approval Process (SAP) and the Climate Risk and Early Warning Systems (CREWS) convened ...... |
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| | | | | Just 2% of philanthropic finance goes to nature and climate — Davos panelists want to see more. |
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| | | | | The US Treasury said both sides agreed to enhance cooperation on climate change and the economy. | ... , the Treasury said both sides agreed to enhance cooperation on climate finance on a bilateral and multilateral basis, such as within... |
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| | | | | Thank you for your welcome. It is good to be back in Davos once again in person. | The developed world must finally deliver on its $100 billion climate finance commitment to support developing countries.
Adaptation... |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | Forbes • Ken Silverstein • Jan 18 04:58 pm | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | The 1.5 degree goal is possible, but the globe is now off track. How will COP28 change course? | ... communities” whose lives are upended by severe weather.
“But climate finance remains an area that is most disconcerting,” adds... |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | EurActiv • Kira Taylor • Jan 16 06:12 pm | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | EU climate chief Frans Timmermans at the 13th Assembly of the International Renewable Energy Agency (IRENA) held in Abu Dhabi, 14 January ...... |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | dw.com • Unknown • Jan 18 05:55 pm | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | Rising water levels and a change in sea currents — the melting of the arctic ice has dramatic consequences for the planet's climate. Scientist... |
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| | | | | Investigation into Verra carbon standard finds most are ‘phantom credits’ and may worsen global heating ... | ... effective impact on reducing climate change. If it doesn’t, it’s scary, because it’s a little bit less hope for reducing climate... |
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| | | | | Image source, Dominik Vanyi
Image caption,
Converting mining industry vehicles to diesel could mean big savings in CO2 emissions
By Phil ... | ... a commercial product within two years.
Tim Buckley, the director at Climate Energy Finance, a public interest think-tank... |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | Reuters • Leela de Kretser • Jan 17 05:59 pm | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | Climate change is increasing malaria infections, the executive director of the world's biggest health fund said in Davos on Monday. |
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| ![](https://assets.meltwater.io/flux-icons/latest/mediatypes/png/news_color_round.png) | | CNN • Rachel Ramirez • Jan 19 01:01 am | ![](https://app.meltwater.com/outputs/img/open-new-window-icon.png) | |
| | | | CNN —
As humans fiddle with the planet’s thermostat , scientists are piecing together Greenland’s history by drilling ice cores to ... | ... the 20th century.
The report’s authors said human-caused climate change played a significant role in the dramatic rise in temperatures... |
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GCF Stories on Social Media from our Partners |
| | | Productive meeting with @yannickglemarec @thegcf . ➡️ Spain is fully committed to #ClimateAction and multilateral... |
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| | | CFO and COO of the @theGCF , Hong-Thuy Paterson, discusses How The World's Largest Climate Fund is Approaching 2023, unpacking GCF views on the... |
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| | | Today in #AbuDhabi 🇦🇪 #OPECFund delegation meets with the Green Climate Fund @thegcf to discuss a just energy... |
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| | | trees🌱. 33 plant nurseries have been set up so far under the FAO-led @thegcf #Reclima project. https://t.co/WO5JI8EbZJ #ForNature... |
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| | | The Indonesia govt, with the support of @thegcf , @ConservationOrg & @KonservasiID set up the #BlueHaloS - Indonesia’s first-ever... |
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