Transparency International urges fair and accountable management of Green Climate Fund

Spending of up to $100 billion per year for climate change projects needs to be transparent and fair

Issued by Transparency International Secretariat



The anti-corruption group Transparency International today urged the board of the Green Climate Fund to give citizens a much bigger voice at its meetings if the group wants to follow through on its stated goal to be ‘transparent and accountable’ in its efforts to guard our planet against the effects of climate change.

Crucial decisions about how best to manage up to US $100 billion per year to help developing countries adapt to the effects of climate change and reduce greenhouse gas emissions could be made this week at the Green Climate Fund’s inaugural board meeting in Geneva.

“We need a balance between the urgency to achieve results and the due diligence required to protect climate money and ensure its effectiveness,” said Lisa Ann Elges, Head of Climate Governance Integrity Programme at Transparency International.

Civil society observers to the Green Climate Fund can contribute important knowledge, expertise and impartiality to help shape policies that are strong and tailored to people’s needs. 

The current proposal would allow just two civil society observers to actively participate in board meetings -- one from the developed world and one from the developing world – while the rest of civil society would have to monitor the process from the side lines. This presents a great challenge to achieving meaningful engagement.

Transparency must also be pursued more proactively. One way would be for the board to webcast its meetings, seek as much as possible to hold open, transparent meeting discussions, and create channels for people to contribute more meaningfully to the fund’s activities by exchanging information, knowledge and ideas.

Click here for all of our recommendations to the Board.


###

Transparency International is the global civil society organisation leading the fight against corruption


For any press enquiries please contact

Alice Harrison
+49 30 34 38 20 775
.(JavaScript must be enabled to view this email address)

Chris Sanders
+49 30 34 38 20 666
.(JavaScript must be enabled to view this email address)

Latest

Support Transparency International

Why corruption matters in the EU elections

What voters should know as they head to the polls.

Four ways the G20 can take the lead on anti-corruption

The globalisation of world trade and finance has been accompanied by an internationalisation of corruption. The G20 Anti-Corruption Working Group therefore has the potential to be a very important partner in the fight for a more just world.

Venezuela: Se necesitan instituciones sólidas para abordar la delincuencia organizada

La corrupción en las más altas esferas del Gobierno venezolano ha causado inestabilidad social y económica extrema y ha debilitado a las instituciones estatales que deberían proteger a la ciudadanía. Las redes de delincuencia organizada actúan con impunidad en todo el país.

Venezuela: Strong institutions needed to address organised crime

Corruption in the top echelons of the Venezuelan government has led to extreme instability and weak state institutions, and allows organised crime networks to act with impunity all across the country.

The trillion dollar question: the IMF and anti-corruption one year on

The International Monetary Fund (IMF) has made public commitments and adopted a new framework to address corruption - we check how the IMF is progressing with this one year later.

Three years after the Panama Papers: progress on horizon

The explosive Pulitzer Prize-winning global media project known as the "Panama Papers" turned three years old, and there are many reasons to celebrate.

Call for papers: the Global Asset Registry workshop – Paris, July 1-2

ICRICT, the World Inequality Lab project, Tax Justice Network, and Transparency International are co-hosting a workshop to develop the framework for a Global Asset Registry in Paris on July 1-2. The organisers wish to invite original, high-quality papers for presentation.

Social Media

Follow us on Social Media