GCF Executive Director Yannick Glemarec stated: “The Climate Summit reaffirmed the importance of the Green Climate Fund to win the race against climate change. We are grateful to all the countries which made ambitious new pledges, and to those who voiced their support. This is a vote of confidence in the Fund’s ability to deliver ambitious and transformative climate action.”
“The Secretary-General’s strong support for replenishment has been crucial to the successful outcome of the Climate Action Summit. The new climate finance resources announced this week as well as those already made will help GCF provide urgently needed support to the most vulnerable communities facing the climate crisis”, he added.
A number of countries made new financial commitments to GCF at the UN Climate Action Summit; Germany, Norway, France and United Kingdom have already announced a doubling of their contributions; Luxembourg has announced an intention to make ambitious pledges with figures to be confirmed soon.