GCF and GEF harmonise steps to follow developing country lead in climate finance
The Green Climate Fund (GCF) and the Global Environment Facility (GEF) agreed yesterday to take joint steps to improve climate finance flows to best meet the needs of developing countries in tackling the global climate challenge.
The heads of the two organisations, GCF Executive Director Howard Bamsey and the GEF’s CEO and Chairperson Naoko Ishii, met together with several developing country ministers to consider how the two funds can best promote complementarity and coher