I4CE is now an Accredited Observer of the Green Climate Fund

23 September 2016 - Foreword of the week

The GCF observer status means that the I4CE team can now participate in GCF Board meetings, provide strategic advice on the design, development and implementation of the strategies, projects and activities to be financed by the Fund. As part of its responsibilities as an observer, I4CE looks forward to being able to provide input on matters under consideration by the GCF Board.

The Green Climate Fund is the designated governing instrument created by the United Nations Framework Convention on Climate Change (UNFCCC) and was established by 194 countries during the international climate change negotiations (COP 17) in Durban, South Africa. The Fund is designed to act as the operating entity of the Convention’s financial mechanism. It aims to support a paradigm shift in the global response to climate change by allocating financial resources to low-emission and climate-resilient projects in developing countries.

As part of its strategic mission to contribute to the public debate, I4CE is also an observer member to the UNFCCC. As such, I4CE teams and experts regularly attend UNFCCC Conference of the Parties and expert meetings. I4CE’s contribution to the discussions is made by responding to public consultations on different topics and by convening and participating in a number of side events and conferences associated to these events.

Accreditation Decision of the 21st of September: GCF Decision B.BM-2016/1

To learn more

03/03/2023 Foreword of the week
World Bank’s reform: almost a new pilot onboard

After the sudden resignation of David Malpass, the World Bank’s Trump-appointed President, mid-February, Washington surprised the world again last Thursday, with the nomination of Ajay Banga, long-time Mastercard CEO, as his potential successor. Not only was the timing very rapid, but the controversial profile of the nominee also generated some sense of puzzlement. His limited […]
03/01/2023
Supporting financial institutions in developing countries in their alignment journey with climate goals

This report co-written with NewClimate provides practical guidance for international financial institutions to support financial institutions’ alignment with the Paris Agreement goals, and to more broadly contribute to transforming local financial systems. This guidance is developed around three pillars: a harmonised alignment assessment; the alignment of financial intermediaries; and the alignment of financial systems at the national level.
02/17/2023 Foreword of the week
Climate transition plans for banks: European legislators on a razor’s edge

The proposal for mandatory climate transition plans for banks is slowly making its way through the regulatory debate. Proposed by the European Commission and confirmed by the EU Council, this proposal has now also been taken up by the European Parliament. This obligation could be a game-changer for financial risk management and the alignment of financial flows with the transition to a low-carbon economy. It could lead banks to limit their activities in climate-damaging activities, adjust their business models, review their strategies as well as their governance and risk management procedures.

I4CE is now an Accredited Observer of the Green Climate Fund

World Bank’s reform: almost a new pilot onboard

Supporting financial institutions in developing countries in their alignment journey with climate goals

Climate transition plans for banks: European legislators on a razor’s edge