• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • Green Climate Fund

    Exclusive: Green Climate Fund aims to raise $9.3B in replenishment

    Devex President and Editor-in-Chief Raj Kumar sits down with GCF Executive Director Yannick Glemarec to discuss the upcoming replenishment, growing pains at GFC, and new types of financing deployed.

    By Raj Kumar // 22 October 2019
    Via YouTube

    SONGDO, South Korea — The executive director of the Green Climate Fund hopes to secure at least $9.3 billion in pledges by the end of the fund’s first replenishment process, something he says would be a “major achievement” since several countries that made large contributions in the initial fund mobilization will not be taking part.

    “The objective is to at least match the initial pledges in 2014,” Yannick Glemarec told Devex in an interview, just before he headed to Paris for the replenishment conference. “If we succeed in at least matching the 2014 replenishment, this would be made possible thanks to the fact that a number of countries have decided to double their initial contribution.”

    Countries including Australia and the United States have made it clear that they would not contribute any more money to the United Nations’ flagship climate fund. But Glemarec said others are stepping up. “All in all 16 countries have already announced they will contribute to the first replenishment of the GCF — 90% are increasing, 50% are doubling,” he said.

    Listen to the rest of the wide-ranging interview, where Glemarec talks about the allocations already made by GCF, acknowledges growing pains in the organization, and discusses the new types of blended finance being used.

    • Funding
    • Banking & Finance
    • Institutional Development
    • GFC
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Raj Kumar

      Raj Kumarraj_devex

      Raj Kumar is the President and Editor-in-Chief at Devex, the media platform for the global development community. He is a media leader and former humanitarian council chair for the World Economic Forum and a member of the Council on Foreign Relations. His work has led him to more than 50 countries, where he has had the honor to meet many of the aid workers and development professionals who make up the Devex community. He is the author of the book "The Business of Changing the World," a go-to primer on the ideas, people, and technology disrupting the aid industry.

    Search for articles

    Related Stories

    Climate FinanceGCF board approves record $1.2B in funding and accreditation overhaul

    GCF board approves record $1.2B in funding and accreditation overhaul

    Devex Money MattersMoney Matters: What did Gates spend $5.4 billion on last year?

    Money Matters: What did Gates spend $5.4 billion on last year?

    Devex NewswireDevex Newswire: Sevilla summit tests patience — and global ambition

    Devex Newswire: Sevilla summit tests patience — and global ambition

    HumanitarianWhat lay behind the deaths of 7 World Central Kitchen staff in Gaza

    What lay behind the deaths of 7 World Central Kitchen staff in Gaza

    Most Read

    • 1
      The power of diagnostics to improve mental health
    • 2
      Lasting nutrition and food security needs new funding — and new systems
    • 3
      How to use law to strengthen public health advocacy
    • 4
      Opinion: Urgent action is needed to close the mobile gender gap
    • 5
      Supporting community-driven solutions to address breast cancer
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement