Climate fund notes. Organizations and implementing agencies now have to grapple with what it will mean to partner with the GCF, what kind of regulations grantees are likely to face, and what kinds of projects the fund will support. Photo by: Ainhoa Goma / Oxfam / CC BY-NC-ND

A week after U.S. President Obama announced his $3 billion commitment to the Green Climate Fund, major contributions have rushed in to a multilateral fund for climate change projects that has, until now, been more of an idea than a reality.

At Thursday’s pledging conference, 30 countries — including the United States — formally committed to provide $9.3 billion to GCF.

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About the author

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    Claire Luke

    Claire is a journalist passionate about all things development, with a particular interest in labor, having worked previously for the Indonesia-based International Labor Organization. She has experience reporting in Cambodia, Nicaragua and Burma, and is happy to be immersed in the action of D.C. Claire is a master's candidate in development economics at the George Washington Elliott School of International Affairs and received her bachelor's degree in political philosophy from the College of the Holy Cross.