France is a Large Climate Finance Donor Whose Level of Assistance Has Been Diminishing

Spotlight Activity: France is a Large Climate Finance Donor Whose Level of Assistance Has Been Diminishing

  • Green Bonds for domestic and international projects: 7 billion euros
  • Green Climate fund: 433 million euros pledged, 200 million euros paid.
  • France has also pledged to pay for countries which bail out of their funding commitments on UNFCCC and IPCC budgets (for instance: several million dollars from the USA which would lead to budget cuts for both IPCC and UNFCCC).

Status: Right Direction

France is one of the most supportive countries, but it is still not paying enough to make up for the missing funds from other countries. While this task is nearly impossible for a single country at the scale of the Green Climate Fund, France should increase its support to IPCC, which is severely underfunded and also, if needed, to UNFCCC.

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Minister of the Inclusive and Environmental Transition, Mr. François De Rugy
francois.derugy@ecologique-solidaire.gouv.fr

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