Green Climate Fund Replenishment Conference. [fr]
Nearly four years after the signing of the Paris Agreement, France will host at the Ministry of Economy and Finance the first replenishment of the Green Climate Fund, on 24 and 25 October.
Thirty delegations will attend the conference to announce their new contributions for the period 2020-2023.
The Minister of Economy and Finance, Bruno Le Maire, and the Director General of the Treasury, Odile Renaud-Basso, will deliver a speech at the opening of the two days of meetings. A press conference is scheduled for the afternoon of 25 October.
France has announced its contribution to the Green Fund, up to 1.5 billion euros, at the G7 summit in Biarritz. By doubling its contribution, France is committed to sustainably supporting this institution that fights against climate change and supports the low-carbon transition of developing economies. With France, many countries, including Germany, South Korea, Denmark, Norway, the United Kingdom and Sweden, have announced a doubling of their initial contributions.
To date, the Green Fund has funded 111 projects for $ 5.2 billion. Launched at the Copenhagen Conference of the Parties in 2009, it is the main instrument of the financial mechanism of the United Nations Framework Convention on Climate Change and the main instrument for implementing the Paris Agreement, supporting the shift in the economic model of developing countries towards less greenhouse gas emissions and more resilience to climate change.