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    • Climate finance

    100 billion questions remain for the Green Climate Fund

    The Green Climate Fund is setting the stage for the pre-COP21 announcement of its first big ticket disbursements. How will this fund be implemented by national institutions and private actors? Devex takes a look.

    By Bill Hinchberger // 02 October 2015

    As members of the global diplomatic community begin to set their sights on the third big international summit this year — the Paris climate change conference in December — they can be forgiven if they resort to the oft-quoted line from the movie “Jerry Maguire”: Show me the money.

    In the climate change realm alone, an estimated 100 billion euros ($112 billion) will be needed each year to help poor countries pay for investments in mitigation and adaptation.

    “If we are to succeed in Paris it will require not only political commitment, but also financing,” President François Hollande told French ambassadors assembled in the country’s capital as the city prepares to host the 21st edition of the Conference of the Parties to the U.N. Framework Convention on Climate Change.

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    About the author

    • Bill Hinchberger

      Bill Hinchbergerhinchberger

      Bill Hinchberger is a global communications professional and educator. He studied at Berkeley and has taught at the Sorbonne. Based mostly in Paris, he spends quality time in Brazil and the United States, and works extensively in Africa and Latin America. He has served as an international correspondent for The Financial Times, Business Week, ARTnews, Variety, and others. One current focus of his work is content creation for foundations, NGOs and other organizations, especially those working on issues related to international affairs, the environment and development. He also runs training programs for professional journalists, notably in Africa, and is an associate of Rain Barrel Communications, a leading consultancy for social justice projects.

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