News
29 Nov 2018, 16:33
Julian Wettengel

Germany will double contribution to Green Climate Fund – minister

[CORRECTION: The German government announced to contribute an additional 1.5 billion euros to the Green Climate Fund, not 750 million euros.]

Clean Energy Wire

Germany will increase funding for developing countries to fight and adapt to climate change, the development minister Gerd Müller announced at a press conference in Berlin ahead of the UN climate conference in Katowice, Poland. Müller said the German government would pay another 1.5 billion euros into the UN Green Climate Fund, double the amount contributed until now. The sum is spread over a number of years, not yet precisely defined, until the fund has to be replenished. The fund supports projects on climate protection and adaptation to climate change in developing and emerging countries.

For background, read the CLEW factsheet Climate finance: A brief overview of Germany’s contributions.

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