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Toblerone owner Mondelez courts Trump’s man in Brussels to weaken EU deforestation law
Global Witness reports that Mondelez has shifted from supporting the EU Deforestation Regulation (EUDR) to actively lobbying for its weakening and delay. The company has engaged with US Ambassador to the EU Andrew Puzder, joined the American Chamber of Commerce to the EU, and targeted conservative MEPs and government officials in France, Germany, Ireland, and Luxembourg. This lobbying occurs despite Mondelez's lack of transparency regarding its deforestation-free cocoa supply and its links to forest destruction in West Africa.
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Document type: Report
How litigation is challenging offsetting claims
The document analyzes the rising trend of greenwashing litigation and regulatory enforcement against companies using carbon credits to claim carbon neutrality. It highlights a divergence between the European Union, UK, and Australia—where courts and regulators are increasingly skeptical of offsetting—and the United States, where outdated guidelines and judicial reluctance have created a more fragmented enforcement landscape. The briefing concludes that companies face growing financial and reputational risks and should shift from compensation-based claims to genuine internal emissions reductions.
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Document type: Briefing
Climate change and urban pressures intensify flood risk on the Gulf of Guinea coast
Between 20–22 June 2026, the Gulf of Guinea coast experienced severe flooding following intense rainfall, with over 140 mm falling in less than 24 hours in some areas. The event caused significant fatalities in Côte d’Ivoire (59 since May), Ghana (at least 34), and Togo (five). An attribution study found that observed 3-day rainfall intensity in the region has increased by approximately 23% since records began, making such events about five times more likely in the current climate (1.4°C warmer than pre-industrial levels) than in a cooler climate. While climate models support the trend of increasing precipitation, they systematically underestimate the observed increase, with models showing only a 4% increase in intensity. The study highlights that rapid urbanisation, the expansion of settlements into floodplains, and sea level rise exceeding the global average have compounded flood risks. Under a future warming scenario of 2.8°C, these heavy rainfall events are expected to become common occurrences.
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Document type: Research paper
Report of the forty-fourth meeting of the Board, 25 – 28 March 2026
The GCF Board approved 18 funding proposals totaling USD 960.3 million and accredited 10 new entities. A major outcome was the selection of host cities for regional presence: Panama City (Latin America and Caribbean), Amman (Eastern Europe, Central Asia and Middle East), Nairobi and Abidjan (Africa), and Suva (Pacific). The Board also restructured its committees, approved a training programme, and established a roadmap for the 2028–2031 Strategic Plan.
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Document type: Report
Democracy and Economic Growth
The document argues that while substantive democracy correlates with long-term economic growth and better governance, its impact in low-income African countries is limited because democracy there is often merely procedural. It suggests that in fragile or poor settings, the nature of the governing elite is more critical for development than the institutional setting, and that competitive politics in post-conflict states can potentially reopen ethnic or sectarian conflicts.
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Document type: Research paper
SENEGAL DEVELOPMENT FUTURES: GEOGRAPHIC FUTURES
The document introduces Senegal as a lower-middle-income country in West Africa with a dry tropical climate and significant mineral deposits. It outlines the country's political evolution from independence in 1960 through various peaceful transitions of power, highlighting its position as a democratic example in the region.
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Document type: Research paper
Ghana
The report analyzes Ghana's socio-economic landscape, projecting its development to 2043. It highlights a strong growth potential driven by natural resources but warns of persistent poverty, high public debt, and corruption. The analysis compares a 'Current Path' with several targeted scenarios—including Governance, Manufacturing, and AfCFTA—demonstrating that integrated policy interventions in education, health, and industrialization could significantly increase GDP per capita and reduce extreme poverty. It also addresses critical challenges such as the 'galamsey' illegal mining crisis affecting water and forests, and the need for a transition toward renewable energy to mitigate rising carbon emissions.
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Document type: Report
Report on the activities of the Secretariat
The GCF Secretariat report for 2026 details progress in enhancing country ownership, delivering impact, and institutional strengthening. Key achievements include the launch of a revised Accreditation Framework, the establishment of regional presence in five locations, and the development of a new Commitment Authority Framework to optimize investment capacity. The report also tracks programming metrics, noting 29 funding proposals submitted to the iTAP and the approval of projects for underserved countries like Bahamas, Chad, and Jamaica.
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Document type: Report
Liberia Development Futures
The report projects that Liberia's population will grow to 8.2 million by 2043, with GDP more than tripling to US$10.8 billion under the Current Path. While extreme poverty is expected to decline from 62.9% in 2019 to 31.9% by 2043, the absolute number of poor people will increase due to population growth. The analysis highlights that agricultural improvements, financial flows, and free trade offer the highest potential for GDP per capita growth, while the Combined Agenda 2063 scenario could potentially lift an additional 2.2 million people out of poverty and double the economy's size to US$21.6 billion, albeit at the cost of higher carbon emissions.
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Document type: Report
Guinea: Introduction
The document introduces Guinea, detailing its transition to a lower-middle-income country in 2023 and its history of political instability and coups. It highlights the country's significant mineral wealth, particularly bauxite and iron ore, and its potential for hydroelectric power due to its geography and rainfall.
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Document type: Report
Côte d'Ivoire: Conclusion
The report evaluates eight sectoral scenarios for Côte d'Ivoire, highlighting that a holistic development strategy combining governance improvements, industrialization, and regional trade integration could lead to a 92% GDP increase and a significant reduction in extreme poverty by 2043.
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Document type: Report
Burkina Faso: Introduction
The document describes Burkina Faso as a landlocked West African nation facing severe political instability, characterized by six coups and ongoing jihadi violence. It highlights the country's status as the most affected by terrorism globally in 2023, resulting in millions of internally displaced persons and significant disruptions to health and education. Economically, the nation relies on subsistence farming and gold mining, while its geopolitical alignment has shifted toward Russia and the Confederation of Sahel States following its withdrawal from ECOWAS.
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Document type: Research paper
Benin Development Futures
The report forecasts Benin's development to 2043, predicting a population increase to 21.2 million and GDP growth to US$66.3 billion under the Current Path. While GDP per capita is expected to rise to US$4,685, absolute poverty is projected to increase to 11 million people. Sectoral scenarios suggest that Free Trade and Leapfrogging have the highest potential for economic growth, while the Combined Agenda 2063 scenario could double the economy to US$117.2 billion but would increase carbon emissions to 10.1 million tons.
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Document type: Report
Sub-Saharan Africa Development Futures: Current Path
The report forecasts that sub-Saharan Africa's population will grow to 1.962 billion by 2043, with a significant shift toward urbanization. While regional GDP is projected to increase substantially, reaching between US$6.2 trillion and US$6.7 trillion, GDP per capita growth is tempered by rapid population increases. The region is expected to face increasing food insecurity as agricultural demand outstrips production. Energy production is projected to shift toward renewables, yet total carbon emissions are forecast to rise by over 146% by 2043, with Nigeria expected to overtake South Africa as the region's largest emitter.
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Document type: Report
Remittances to Africa
The document analyzes remittance flows in Africa, noting that in 2023, gross inflows reached approximately US$90 billion. While remittances provide critical household support and macroeconomic stability, the authors warn of a 'remittance trap' and 'Dutch disease' that can hinder long-term economic growth. The paper highlights the use of diaspora bonds in countries like Ethiopia, Kenya, and Nigeria to fund infrastructure, and forecasts that net inflows to Africa will likely increase to US$94 billion by 2043, although their share of GDP is expected to decline.
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Document type: Research paper
Introduction: Prospects and Challenges of ECOWAS
The document introduces ECOWAS as a regional economic community established in 1975 to promote economic integration and stability in West Africa. While it has achieved some success in facilitating free movement for citizens, the bloc currently faces significant threats from terrorism, climate change in the Sahel, and infrastructure deficits. The document highlights a critical geopolitical crisis where Burkina Faso, Mali, and Niger have announced their intention to exit the bloc by January 2025, citing sanctions and a failure to combat insecurity.
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Document type: Research paper
Africa: Introduction
The document describes Africa's physical geography, including its diverse climates and major river systems, and its political structure consisting of 54 sovereign states and the African Union. It highlights the continent's significant economic challenges, noting that it contains the highest proportion of the world's low-income countries, while also detailing its immense linguistic, ethnic, and religious diversity.
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Document type: Research paper
German climate finance helps shield the country's EUR 20 billion coffee industry, holding down prices for consumers
Germany's coffee industry, worth EUR 20 billion annually, faces significant risks as over 98% of its imports originate from countries highly or moderately vulnerable to climate change. Climate-induced supply shocks led to a 43% increase in roasted coffee prices for German consumers in 2025. To counter this, Germany utilizes climate finance through bodies like GIZ and BMZ to fund adaptation projects, such as agroforestry and regenerative techniques, in producing regions. Examples include the Yayu Forest Biosphere Reserve project in Ethiopia and the Coffee++ initiative in Asia and Africa, which aim to stabilize yields and diversify supply sources to reduce dependence on volatile markets like Brazil and Vietnam.
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Document type: Report
Unlocking Climate Risk Insurance: The Role of Public Development Banks
The report argues that public development banks (PDBs)—including national, regional, and multilateral institutions—are uniquely positioned to overcome structural and market barriers to climate risk insurance in EMDEs. It identifies key barriers such as data gaps, underdeveloped local capital bases, and fragmented regulatory frameworks. The document proposes a tiered approach where National Development Banks (NDBs) focus on local market development and project pipelines, Regional Development Banks (RDBs) coordinate risk pooling and shared data infrastructure, and Multilateral Development Banks (MDBs) provide catalytic capital and credit enhancement. Key recommendations include the use of targeted premium subsidies with sunset clauses, the bundling of insurance with loans, and the creation of regulatory sandboxes to foster innovation in parametric insurance.
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Document type: Report
The Criticality of Gender Equality in the Race for Critical Minerals
The report argues that the surge in demand for critical minerals essential for the energy transition and digital economy risks amplifying existing gender inequalities. It identifies three compounding risk factors: specific environmental impacts (such as water scarcity and pollution), the high concentration of mineral reserves on Indigenous and agricultural lands, and the trend toward accelerated permitting processes. To mitigate these, the report recommends that stakeholders apply intersectional gender analysis in impact assessments, ensure inclusive consultation and free, prior, and informed consent (FPIC), and establish gender-equitable benefit-sharing mechanisms, including fair land compensation and inclusive employment practices.
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Document type: Report