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Independent Evaluation of the GCF’s Approach to Indigenous Peoples
The evaluation finds that while the GCF has a robust 'do-no-harm' policy framework, it is primarily treated as a compliance exercise rather than a strategic opportunity to empower Indigenous Peoples (IPs). Systemic barriers in the GCF's accreditation-based business model make direct access to resources nearly insurmountable for IPs. The report highlights inconsistent application of Free, Prior and Informed Consent (FPIC), limited integration of traditional knowledge, and a lack of portfolio-level monitoring for IP-specific results. It recommends establishing a dedicated IP-specific funding window and shifting the organizational culture from passive compliance to proactive engagement.
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Document type: Report
Independent Evaluation of the GCF’s ‘Health and Well-being, and Food and Water Security’ Result Area Final Report Summary
The evaluation of the GCF's 'Health and Well-being, and Food and Water Security' (HWFW) result area finds that while investments are highly relevant to country needs—particularly in food and water security—the RA approach itself has been inconsequential to achieving results. The report highlights significant gaps in health-related programming and tracking, as well as systemic challenges in results reporting and data quality. It recommends a comprehensive rearticulation of the purpose and formulation of all GCF result areas to better align with project origination and strategic impact.
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Document type: Report
Gender Assessment for the Mirova Sustainable Land Fund 2
The report provides a gender assessment for the Mirova Sustainable Land Fund 2 (MSLF2), identifying how land degradation and deforestation disproportionately affect women due to systemic gaps in land rights and resource access. It outlines a programmatic approach to integrate gender lens investing, aligning with the 2X Challenge criteria and GCF Gender Policy. The fund sets specific targets, including that 35% of jobs created will go to women and 44% of total beneficiaries will be women. The document also provides detailed gender profiles for Ghana, Costa Rica, Peru, the Philippines, and Malaysia, highlighting country-specific labour force participation and legal frameworks.
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Document type: Report
Wind sector challenges are blowing over
Wind energy growth in Europe has been hindered by inflation, supply chain issues, and permitting delays, but is now showing signs of recovery through increased turbine orders and auction volumes. While onshore costs plateaued or rose slightly since 2021, offshore wind continues to see cost declines, and both remain cheaper than fossil gas generation. Despite this, a delivery gap remains between current forecasts and the 2030 EU targets, requiring further policy implementation and grid reforms.
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Document type: Report
Drill Baby Drill : les majors doivent être incluses dans les politiques d'exclusion
The statement asserts that oil and gas developers are locking in emissions that threaten the ability to maintain manageable global warming levels. It argues that because major oil and gas companies cannot be expected to lead a transition, financial institutions must stop supporting the development of new oil and gas fields and new liquefied natural gas (LNG) export terminals.
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Document type: Statement
Drill Baby Drill: Why Oil and Gas Majors Should Be No Exception in Exclusion Policies
The statement contends that integrated oil and gas majors are not transitioning to sustainable energy and should be excluded from financial support. Citing the Global Oil and Gas Exit List (GOGEL), it highlights that 95% of oil and gas companies worldwide have plans for new projects, with major European firms like BP, Shell, and TotalEnergies increasing production or expanding short-term plans. The author argues that these companies are diverting capital away from clean energy, with the three European majors projected to allocate less than a third of future investments to low-carbon activities, contradicting IEA 1.5°C scenarios.
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Document type: Statement
We Mean Business Coalition Statement on the U.S. Withdrawal from the Paris Agreement
The We Mean Business Coalition states that the U.S. withdrawal from the Paris Agreement is a disservice to American businesses and people, as it creates policy instability and allows other economies to attract investment and talent. The Coalition emphasizes that the Paris Agreement remains a cornerstone of global action and that businesses and other nations will continue to pursue clean energy transitions due to economic necessity and climate risks.
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Document type: Statement
Paris Agreement Withdrawal Erodes America’s Standing in the World
The World Resources Institute asserts that the U.S. withdrawal from the Paris Agreement will not stop global climate action but will diminish American political influence and cede a competitive advantage in the green energy economy to China and the European Union. The statement emphasizes that subnational entities and the Inflation Reduction Act will maintain U.S. climate progress.
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Document type: Statement
IPBES assessments: economic and financial systems need to evolve to protect biodiversity and support transformative change
The IPBES Nexus and Transformative Change assessments highlight a critical imbalance in global finance, where trillions of dollars support activities damaging nature while conservation funding remains severely inadequate. With over half of global GDP dependent on nature, the reports argue for systemic economic reforms, including the elimination of harmful subsidies, the internalisation of environmental externalities, and increased financial flows to Indigenous Peoples and developing nations to mitigate systemic risks.
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Document type: Briefing
Private Equity 2022 Scorecard
The 2022 Scorecard evaluates eight major private equity firms managing $3.6 trillion in assets, finding that ten of the largest buyout firms held at least 80 percent of their energy portfolios in fossil fuels as of October 2021. The Carlyle Group received the lowest grade (F), with its downstream power plants emitting over 10.8 million metric tons of carbon dioxide in 2020. Other firms including Warburg Pincus, KKR, Brookfield, Ares, Apollo, and Blackstone Group received Ds, while TPG earned a B. The report highlights a lack of transparency, noting that The Carlyle Group's TCFD report excludes its fossil-fuel-focused subsidiary, NGP Energy Capital, despite NGP contributing nearly 61 percent of the firm's profit in the first half of 2022. The authors demand that firms align with 1.5°C targets, cease fossil fuel expansion, disclose all emissions, and integrate climate and environmental justice.
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Document type: Report
Collaboration will strengthen North Sea power
The North Sea is the world's largest offshore wind basin, with 30 GW of capacity across 101 operational wind farms. While the region leads in deployment, the report highlights that supply chain challenges and fragmented regulatory frameworks hinder further progress. It advocates for the standardisation of component sizes and the deployment of hybrid offshore assets to create a more secure, meshed grid. Additionally, the report emphasizes that the North Sea's potential as a 'green power plant' for Europe depends on the electrification of non-power sectors, as half of Europe's industrial energy consumption is located in North Sea bordering countries. Finally, it notes that offshore wind is helping stabilise electricity prices through Contracts-for-Difference (CfD) mechanisms, with recent projects delivering competitive strike prices compared to average European day-ahead power prices.
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Document type: Report
A Continent in Focus: COP29 Outcomes and Implications for Africa
The document evaluates COP29's impact on Africa, highlighting the New Collective Quantified Goal on Climate Finance (NCQG) as a central but insufficient outcome. It details failures in the Just Transition Work Programme and fossil fuel phase-out commitments, while noting incremental progress in adaptation roadmaps, carbon market rules, and gender mainstreaming. The authors call for more decisive action and tangible climate justice at COP30.
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Document type: Policy brief
CEO Note: Mighty Earth’s 2025 Goals
Mighty Earth's 2025 strategy focuses on decoupling agriculture from deforestation, ensuring sustainable state-backed development in Southeast Asia, and scaling finance for nature. The organization aims to leverage public distrust of corporations and passion for the environment to pressure the private sector, specifically targeting the automotive supply chain for decarbonized materials and promoting plant-based proteins to reduce methane emissions. Additionally, the group is pursuing continent-scale rewilding in North America, Asia, and Africa.
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Document type: Statement
Tree Planting for Climate Resilience in Freetown, Sierra Leone
The report evaluates the "Freetown the Treetown" initiative, which aims to plant millions of trees to combat deforestation and climate change in Freetown. Using Sustainable Asset Valuation (SAVi), it analyzes two scenarios for planting trees by 2050, projecting significant net discounted benefits between USD 21.68 million and USD 26.45 million. The primary benefits include avoided infrastructure damage from natural hazards, job creation, and reduced loss of life, with a societal return of over USD 2 for every USD 1 invested.
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Document type: Report
Europe’s Clean Industrial Deal Recommendations for an efficient transition towards a sustainable and competitive European industry
The Clean Air Task Force (CATF) argues that the EU's Clean Industrial Deal must adopt a technology-neutral approach, integrating a diverse portfolio of low-carbon solutions including carbon capture, hydrogen, and small modular reactors. The brief emphasizes the need for coordinated cross-border infrastructure, particularly for CO2 transport and storage to avoid regional cost disparities, and calls for a robust funding strategy to bridge a projected €180 billion gap following the end of the Recovery and Resilience Facility in 2026. It further recommends targeted market measures, such as reforming public procurement and prioritizing clean hydrogen for hard-to-abate sectors like steel and shipping, while warning against the use of public funds for inefficient solutions like hydrogen blending.
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Document type: Policy brief
Co-designing transformative solutions with communities in Nauru
The proposal seeks USD 1,000,000 over 24 months to address Nauru's vulnerability to sea-level rise and temperature increases. It focuses on moving from incremental to transformative climate action through community-led visioning workshops, technical studies on public health, soil restoration, and livestock, and the development of a GCF Concept Note for agri-food systems.
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Document type: Report
STAKEHOLDER ENGAGEMENT PLAN FOR THE KAFUE FLATS CLIMATE ADAPTATION AND RESILIENCE PROJECT
The Stakeholder Engagement Plan for the Kaf-Adapt project in Zambia's Lower Kafue Basin outlines a framework for involving government entities, NGOs, private sector actors, and local communities in climate adaptation efforts. The project, funded by the Least Developed Countries Fund (LDCF) with approximately $2,760,000, focuses on water security, rangeland management, and resilient value chains. It identifies key stakeholders across national and sub-national levels, including the Ministry of Green Economy and Environment (MGEE) and various traditional chiefdoms. The plan includes a structured Grievance Redress Mechanism (GRM) to handle complaints within 7 to 10 working days and sets specific monitoring indicators to track beneficiary engagement and gender inclusivity.
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Document type: Report
Climate change in African Mountains: an increasing challenge and contribution of local adaptation responses
The document reports on interviews with 1,500 farmers in ten African mountain regions, identifying increased temperatures, reduced fog, and erratic rainfall as primary climatic changes. These changes have led to lower yields for maize, cassava, and coffee, as well as reduced milk production and increased soil erosion. Farmers are adapting through on-farm strategies like changing planting dates and adopting new crop varieties, though wealth and conflict significantly influence the capacity to adapt. The brief recommends improving access to credit and markets, enhancing knowledge exchange, and accounting for the impacts of violent conflict in adaptation planning.
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Document type: Policy brief
The Transition to Net Zero: Banks Can Do Better
The report finds that while many global banks have committed to net-zero by 2050, their disclosures lack standardisation and transparency. Key issues include inconsistent sectoral coverage, the omission of facilitated emissions, and a failure to align sectoral targets with 1.5°C benchmarks. The report highlights that a significant portion of bank balance sheets remains uncovered by net-zero targets and that current levels of sustainable finance are insufficient to meet the 10-to-1 clean energy to fossil fuel investment ratio recommended by the IEA.
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Document type: Report
Transparency & Reporting in the GSS Bond Market
The report finds that while post-issuance reporting in the GSS bond market is widespread and generally high-quality, significant gaps remain in the disclosure of project lifetimes, impact assessment methodologies, and quantitative linkages to entity-level sustainability strategies. Analysis of 75 issuers (USD 1.4tn issued) shows that 88% of 2020–2022 issuers reported allocations, but 35% failed to report within 365 days of issuance. Sovereigns and development banks demonstrated the highest reporting quality, while non-financial corporates were the least likely to provide entity-level framing. The report recommends the adoption of standardized reporting platforms and mandatory regulatory frameworks to enhance market transparency.
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Document type: Report