4 December 2023.
In a sign of positive momentum for climate change financing, eight donor governments announced new commitments to the Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) and signaled their political support for the unique roles these funds play in addressing climate resilience needs.
Belgium, Canada, France, Germany, Norway, Spain, Sweden, and the United Kingdom announced new pledges totaling $174.2 million for the LDCF and SCCF, which are hosted by the Global Environment Facility. The commitments made at COP28 in Dubai were significantly higher than the amount pledged to the LDCF and SCCF during COP27 in Sharm El-Sheikh last year.
Please see the donor governments’ joint statement for amounts pledged by country.
Full press release here.