Submission to the Board of the GCF: Lessons learned from the CDM for the approval of GCF's funding proposals
Summary
Carbon Market Watch recommends that the Green Climate Fund (GCF) avoid the shortcomings of the Clean Development Mechanism (CDM) by implementing strict criteria for additionality, sustainability, and social safeguards in its funding proposals.
Key insights
- The GCF should utilize lessons from the Clean Development Mechanism (CDM) to ensure funded projects are additional, new, and avoid financing non-viable existing projects.
- Funding proposals must adhere to environmental and social safeguards, specifically protecting human rights, indigenous peoples' rights, and gender equality.
- The GCF should prioritize projects with high sustainable development potential by excluding those with high greenhouse gas emissions or significant environmental and social costs, while ensuring civil society engagement and high standards of transparency.
Cite the original document
- APA
- Carbon Market Watch (2015). Submission to the Board of the GCF: Lessons learned from the CDM for the approval of GCF's funding proposals. https://carbonmarketwatch.org/publications/submission-to-the-board-of-the-gcf-lessons-learned-from-the-cdm-for-the-approval-of-gcfs-funding-proposals/
- Chicago
- Carbon Market Watch. Submission to the Board of the GCF: Lessons learned from the CDM for the approval of GCF's funding proposals. 2015. https://carbonmarketwatch.org/publications/submission-to-the-board-of-the-gcf-lessons-learned-from-the-cdm-for-the-approval-of-gcfs-funding-proposals/.
- Wikipedia
- {{cite press release |author=Carbon Market Watch |title=Submission to the Board of the GCF: Lessons learned from the CDM for the approval of GCF's funding proposals |date=30 October 2015 |url=https://carbonmarketwatch.org/publications/submission-to-the-board-of-the-gcf-lessons-learned-from-the-cdm-for-the-approval-of-gcfs-funding-proposals/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{carbonmarketwatch2015submission, author = {{Carbon Market Watch}}, title = {{Submission to the Board of the GCF: Lessons learned from the CDM for the approval of GCF's funding proposals}}, publisher = {Carbon Market Watch}, year = {2015}, month = oct, url = {https://carbonmarketwatch.org/publications/submission-to-the-board-of-the-gcf-lessons-learned-from-the-cdm-for-the-approval-of-gcfs-funding-proposals/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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