Green Climate Fund Replenishment Pledges a Positive Step, But Far More Finance Needed

The World Resources Institute acknowledges the $9.7 billion in pledges to the Green Climate Fund's first replenishment as a positive step, noting that 11 countries at least doubled their previous contributions. However, the statement argues that significantly more finance is required to address the climate emergency, calling for contributions from the United States, Australia, wealthy oil-producing states, and other large emitters to support vulnerable countries.

• Twenty-seven countries have pledged $9.7 billion for the first replenishment of the Green Climate Fund (GCF), with 11 of those countries at least doubling their previous contributions.
• The GCF has previously approved $5.2 billion in funding for 111 projects across 99 countries.
• Despite the pledges, additional finance is needed from the United States, Australia, wealthy oil-producing states, and other large emitters to support the poorest and most vulnerable countries.

APA

Martinez-Diaz, L. (2019). Green Climate Fund Replenishment Pledges a Positive Step, But Far More Finance Needed. World Resources Institute. https://www.wri.org/news/statement-green-climate-fund-replenishment-pledges-positive-step-far-more-finance-needed

Chicago

Martinez-Diaz, Leonardo. Green Climate Fund Replenishment Pledges a Positive Step, But Far More Finance Needed. World Resources Institute, 2019. https://www.wri.org/news/statement-green-climate-fund-replenishment-pledges-positive-step-far-more-finance-needed.

Wikipedia

{{cite press release |last1=Martinez-Diaz |first1=Leonardo |title=Green Climate Fund Replenishment Pledges a Positive Step, But Far More Finance Needed |publisher=World Resources Institute |date=25 October 2019 |url=https://www.wri.org/news/statement-green-climate-fund-replenishment-pledges-positive-step-far-more-finance-needed |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martinezdiaz2019green, author = {Martinez-Diaz, Leonardo}, title = {{Green Climate Fund Replenishment Pledges a Positive Step, But Far More Finance Needed}}, publisher = {World Resources Institute}, year = {2019}, month = oct, url = {https://www.wri.org/news/statement-green-climate-fund-replenishment-pledges-positive-step-far-more-finance-needed}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }