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Results management framework: Independent Evaluation Unit recommendations to improve the Results Management Framework
The IEU review finds that while the GCF's Results Management Framework (RMF) helps stakeholders focus on adaptation and mitigation, it suffers from critical flaws in its logic models, a lack of measurement protocols for indicators, and insufficient integration with national monitoring systems. A portfolio analysis of 74 approved projects revealed that 39% are missing at least one impact indicator for their targeted result areas, and 50% have no plans for baseline data collection. The review recommends that the GCF Secretariat develop theories of change for key thematic areas, establish clear measurement protocols, and better define the role of National Designated Authorities (NDAs) throughout the project cycle.
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Document type: Report
PRE-ISSUANCE VERIFICATION LETTER
Sustainalytics verified that AC Energy's green bond framework meets the Climate Bonds Standard Version 2.1 for wind, solar, and geothermal energy. The bond intends to finance new and existing projects across the Philippines, Australia, Vietnam, and Indonesia, including a geothermal facility with emissions of 30.14 gCO2equ/kWh. AC Energy aims to develop 5 GW of renewables capacity by 2025.
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Document type: Statement
GREEN BONDS THE STATE OF THE MARKET 2018
The global green bond market reached a cumulative issuance of USD 521bn by 2018, with USD 167.6bn issued in 2018 alone. The USA, China, and France emerged as the leading national markets. The report highlights a significant increase in issuance from financial institutions, particularly commercial banks, and a growing trend toward shorter-dated bonds. While Europe remains the largest overall market, the Asia-Pacific region saw the highest year-on-year growth at 35%. The market is also diversifying into other labelled instruments, including sustainability, social, and blue bonds, and expanding into emerging markets through the adoption of regional standards like the ASEAN Green Bond Standards.
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Document type: Report
Legal toolkit on forest conversion
The document identifies five critical areas for legal reform to prevent illegal forest conversion: land allocation, clearance permits, conversion timber rules, environmental protections, and community rights. It highlights how contradictory laws, lack of transparency, and failure to recognize customary land tenure lead to uncontrolled deforestation and social conflict. The toolkit uses case studies from nine tropical countries to illustrate legal gaps and provides checklists for policy-makers to ensure comprehensive and enforceable regulations.
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Document type: Guide
Legal toolkit on forest conversion
The document serves as an overview for a legal toolkit designed to help law-makers address the complexities of forest conversion laws. It identifies five key areas for legal attention: land allocation, clearing permits, timber rules, environmental protection, and community rights. The toolkit is based on an analysis of legal frameworks in nine tropical countries and focuses primarily on the regulation of large-scale projects to balance economic growth with environmental and social protections.
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Document type: Guide
Clearing forested land – the need for a permit
The document outlines five essential requirements for a legal framework regulating forest clearance: unambiguous permits, environmental and social evaluations, explicit application timelines, protection of community and indigenous rights, and strong enforcement. It highlights risks such as the use of clearance permits as loopholes for illegal timber harvesting and the conflict between sectoral laws, providing case studies from Liberia, the Republic of Congo, Brazil, and Viet Nam to illustrate these legal failures.
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Document type: Fact sheet
NEW YORK DECLARATION ON FORESTS PROGRESS ASSESSMENT GOALS SUMMARY
The report evaluates global progress in forest governance and land rights, noting a record 182 killings of environmental defenders in 2016. While it highlights positive developments in illegal timber import controls in countries like South Korea, Malaysia, and the US, and the implementation of EU FLEGT agreements in Indonesia and Vietnam, it warns that climate finance for local communities remains insufficient, with only 10 percent reaching the local level in 2016. The document also emphasizes the lack of gender-sensitive provisions in community-based tenure regimes and the ongoing effort to track tenure security via SDG Indicator 1.4.2.
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Document type: Report
Risk Dashboard Q4 2018
The Q4 2018 Risk Dashboard indicates that the Green Climate Fund's portfolio concentration and liquidity remain within approved risk tolerance levels. As of 31 December 2018, the fund reported no non-performing loans for the eighth consecutive quarter and maintained a foreign exchange commitment risk buffer of USD 33 million equivalent. The portfolio consists of 93 approved funding proposals with a geographic distribution led by Africa (39%) and Asia-Pacific (34%), and a funding balance favoring mitigation (39%) over adaptation (25%).
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Document type: Report
TOTAL SYSTEMS FAILURE EXPOSING THE GLOBAL SECRECY DESTROYING FORESTS IN THE DEMOCRATIC REPUBLIC OF CONGO
Global Witness reveals that Norsudtimber, the DRC's largest logging company, is operating illegally on 90% of its sites, breaching the DRC Forest Code through a lack of management plans and logging outside authorized perimeters. The report highlights how the DRC government is complicit in this illegality, while international donors from France, Germany, and Norway continue to support industrial logging under the flawed theory of 'sustainable forest management' (SFM). Norsudtimber uses a complex web of shell companies in Liechtenstein, Hong Kong, and Dubai to obscure its beneficial owners and trade timber to markets in China, Vietnam, and Europe. The investigation finds that SFM is scientifically unsound for the Congo Basin, as tree species take 100-230 years to mature, far exceeding the 25-year rotation cycle. Furthermore, the report documents negligible development benefits for local communities and significant carbon emissions resulting from forest degradation.
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Document type: Report
CASE STUDY IGF Guidance For Governments: Leveraging Local Content Decisions for Sustainable Development
Singapore established itself as a regional petroleum trading hub by combining a strategic geographical location with a 'twin-track' industrial strategy of minimal regulation and strong institutional support. Starting with oil refining in the 1960s, the government transitioned toward the petrochemicals sector in the 1980s via the 'cluster approach' at the Jurong Island Export Processing Zone. While facing challenges from regional competition, land scarcity, and environmental concerns, Singapore has maintained its edge through massive infrastructure projects, such as underground rock caverns for storage, and proactive policy adaptation.
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Document type: Case study
Reducing chemical risks in low-income countries: strategies for improved coverage of basic chemicals-management legislation
The document identifies a significant gap in the implementation of the Globally Harmonized System of Classification and Labelling of Chemicals (GHS), noting that as of April 2017, 128 UN member countries had not yet implemented it. The failure to adopt these rules is primarily linked to low regulatory capacity and low GDP per capita, with striking deficiencies in Africa, the Middle East, and South Asia. To address this, the brief recommends strengthening institutional capacity, fostering regional collaboration, aligning GHS with overall national chemicals strategies, and linking implementation to the UN Agenda 2030 and occupational health and safety commitments.
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Document type: Policy brief
FEEDING THE WORLD IN A CHANGING CLIMATE: AN ADAPTATION ROADMAP FOR AGRICULTURE
The document argues that global agricultural production has declined by 1-5% per decade over the last 30 years due to climate change, necessitating an urgent transition to climate-resilient systems. It identifies critical risks, including heat stress, extreme weather, and pests, which disproportionately affect smallholder farmers and women in the tropics. The authors propose a roadmap based on five pillars: promoting resilient and low-emission technologies, expanding digital climate information, mobilizing innovative finance, strengthening farmer organizations, and delivering enabling policies. The paper highlights successful examples of 'no regret' options, such as stress-tolerant crop varieties and sustainable intensification, and emphasizes the need for context-specific, participatory approaches to scale these solutions.
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Document type: Research paper
PULSE OF THE FOREST THE STATE OF THE GREATER MEKONG’S FORESTS AND THE EVERYDAY PEOPLE WORKING TO PROTECT THEM
The Greater Mekong region, comprising Cambodia, Laos, Myanmar, Thailand, and Vietnam, has lost a third of its tree cover since the 1970s and faces further loss due to industrial agriculture and infrastructure. The report highlights the critical role of forests in providing ecosystem services, such as water filtration and climate regulation, and their importance for biodiversity, including tigers and elephants. WWF advocates for a 'landscape model' that balances economic development with conservation. Key solutions include establishing Community Protected Areas (CPAs), promoting FSC-certified sustainable products like rattan and acacia, and transitioning to deforestation-free rubber supply chains. The report emphasizes that empowering local communities and integrating natural capital into government policy are essential for long-term forest stability.
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Document type: Report
Fossil Fuel Subsidy Reform and the Just Transition
The document argues that fossil fuel subsidies are often socially regressive and environmentally damaging, and that their reform can provide the necessary budgetary space to fund a just transition for workers and communities. It outlines strategies for successful reform, including market-based pricing, impact management, and stakeholder engagement, while highlighting the higher employment potential of renewable energy sectors compared to fossil fuels.
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Document type: Research paper
Fossil Fuel Subsidy Reform and the Just Transition
The report argues that fossil fuel subsidy reform (FFSR) is a critical tool for financing a just transition, as global subsidies total at least USD 425 billion per year. It posits that FFSR can reduce global carbon emissions by roughly 10 per cent by 2050 if both production and consumption subsidies are eliminated. The document outlines a framework for successful reform based on three elements: getting prices right, managing impacts, and building support. Through case studies of Morocco, Mexico, Argentina, Indonesia, and the Netherlands, the report demonstrates that while FFSR can create budgetary space for social safety nets and renewable energy, a lack of stakeholder engagement and abrupt price hikes—as seen in Mexico—can lead to civil unrest. Conversely, the Netherlands' long-term transition of its coal sector illustrates how targeted supports and social dialogue can protect workers during industrial shifts.
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Document type: Report
Investment Laws of ASEAN Countries: A comparative review
The report finds that there is no single 'good practice' model for investment laws in ASEAN, as their functions vary significantly by country—ranging from managing entry approvals to granting incentives. Some members, such as Singapore, have no specific investment law, relying instead on general and sector-specific legislation. A key distinction is made between national investment laws and investment treaties; the report notes that ASEAN investment laws generally lack the vague, broad investor rights (such as 'fair and equitable treatment') and the general consent to investor-state arbitration typically found in treaties. The author argues that investment laws cannot be evaluated in isolation and must be understood as part of a broader national regulatory regime.
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Document type: Report
Emerging and exponential technologies: New opportunities for low-carbon development
The paper explores the intersection of the Fourth Industrial Revolution (4IR) and climate goals, arguing that exponential technologies—those with rapidly falling costs and improving performance—can allow developing nations to 'leapfrog' obsolete infrastructure. By analyzing the NDCs of six priority countries, the authors map potential applications of AI, blockchain, IoT, and advanced materials across energy, transport, and agriculture sectors. While highlighting opportunities for decarbonization and financial inclusion, the document warns of risks including job displacement due to automation and the potential for energy-intensive technology lock-in.
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Document type: Research paper
A WORLD COURT FOR CORPORATIONS
The document critiques the European Commission's proposal for a Multilateral Investment Court, asserting that it merely rebrands the controversial investor-state dispute settlement (ISDS) system without addressing its substantive flaws. It argues that ISDS allows corporations to challenge public interest laws—including those related to health, environment, and human rights—through biased tribunals, often resulting in massive taxpayer-funded payouts. The report claims the proposed court would further institutionalize this imbalance, undermine national judiciaries, and create a parallel legal system accessible only to foreign investors. It concludes by advocating for the termination of bilateral investment treaties and the adoption of a UN treaty to regulate transnational corporations.
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Document type: Report
Case study on sediment in the Mekong River Basin: Current state and future trends
The report analyzes the critical role of sediment in the Mekong River Basin and the threats posed by human activity and climate change. It finds that hydropower dams and riverbed mining are drastically reducing sediment loads, which threatens the productivity of the Mekong Delta and Tonle Sap, impacts fisheries and agriculture, and increases coastal erosion. The authors recommend enhanced regional monitoring, better data sharing between China and Lower Mekong countries, and the integration of sediment management into the entire hydropower lifecycle.
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Document type: Report
Finance for Forests Progress on the New York Declaration on Forests Goals 8 and 9 Assessment Report
The report finds that 'green finance' aligned with forest and climate goals is severely insufficient, totaling roughly USD 20 billion since 2010, and is dwarfed by 'grey finance'—investments in agricultural drivers of deforestation—which amounts to USD 777 billion. While results-based REDD+ payments have mobilized over USD 4.1 billion, disbursements remain limited. The authors argue that achieving zero deforestation by 2030 requires a dramatic shift of existing financial flows away from deforestation drivers toward sustainable land use and the strengthening of private sector ESG policies.
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Document type: Report