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Green Climate Fund
The Green Climate Fund (GCF) is an international fund designed to address the critical climate change mitigation and adaptation needs of developing nations. The main purpose of the GCF is to help build the capability of developing nations to limit or reduce their greenhouse gas emissions through low carbon development pathways and adapt to the unavoidable impacts of climate change. Half of the funds go toward adaptation for vulnerable countries, and half go toward mitigation efforts. In this way, GCF addresses climate justice, a key area of concern for faith communities.
Of the funds that go toward adaptation needs, the majority is given to African nations, small island states, and Least Developed Countries (LDCs). Through programs like this one, the GCF represents the global community’s commitment to mobilizing finance and support for countries with the fewest resources available to adapt to a changing climate. Bolstering resilience in these nations will increase food security and political stability and will have positive implications for related issues including migration and national security.
The Fund is “country-driven” and has an inclusive governance structure. GCF was born out of the UNFCCC process—specifically the 2010 COP 16 in Cancún, Mexico—but is now its own independent entity with a Secretariat based in South Korea and a 24-member governing board comprised of 12 representatives from developed countries (including the U.S.) and 12 from developing countries. In addition, there are 4 “active observers” who can make interventions but have no decision-making authority. These include two observers from the civil society and two from the private sector—they are split evenly between the northern and southern hemispheres. In this way, the GCF strives to include high levels of transparency and accountability in its structure and governing principles in order to prevent corruption.
The Interfaith Power & Light movement is a strong supporter of the GCF. One of the ways we can do that is to tell Congress to support the Fund. Find out who represents you and contact information here. Climate change presents a threat to all of Creation and particularly to vulnerable populations living in poverty around the globe. As people of faith, we have a moral obligation to consider the needs of “the least of these.”
Read more about the Green Climate Fund here.