Switzerland to substantially boost funding of Green Climate Fund
The Green Climate Fund takes into account the needs of the most vulnerable countries.
Keystone / Mast Irham
Switzerland will commit $150 million (approx. CHF135 million) to the fund aimed at helping developing countries reduce greenhouse gas emissions and adapt to climate change.
This content was published on
1 minute
Keystone-SDA/ac
Português
pt
Suíça dá grande impulso financeiro ao Fundo Verde do Clima
The Alpine nation’s contribution will increase by 50% for the 2020-2023 period. It had budgeted $100 million for the years 2015-2019.
This aid sends a strong signal for the fight against climate change, the government said on Wednesday. Climate challenges require an urgent response, it added. Developing countries are the most affected by climate change and the Green Climate Fund takes into account the needs of the most vulnerable countries.
The Green Climate Fund helps developing countries implement the UN Framework Convention on Climate Change. The Fund invests in low-emission and resilient agriculture, forest protection, energy transition and access to clean energy sources.
Since its creation in 2015, 130 projects in about 100 countries have been funded. They have benefited more than 350 million people and reduced CO2 emissions by 1.6 billion tonnes.
Popular Stories
More
Climate adaptation
Why Switzerland is among the ten fastest-warming countries in the world
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
Prevention and tech could help save billions on Swiss healthcare costs, says Deloitte
This content was published on
By focusing on prevention and technology, it would be possible to reduce Switzerland's healthcare bill by CHF30 billion a year by 2040, according to Deloitte Switzerland.
Environment director warns of increasing climate-related risks in Switzerland
This content was published on
The director of the Swiss Federal Office for the Environment (FOEN) has warned of increasing climate-related risks in Switzerland in an interview with SonntagsBlick on Sunday.
Gotthard traffic queue hits 11km at start of holiday season
This content was published on
The start of the summer holidays saw a long traffic jam in front of the Gotthard tunnel on Saturday. Traffic jams between Erstfeld and Göschenen in canton Uri were up to 11 kilometres long early in the morning.
This content was published on
The water temperature of the Rhine River could rise by up to 4.2° degrees Celsius by the end of the century due to the warming planet, scientists warn.
This content was published on
The Federal Council wants to explore the possibilities of joining the European Union’s €800-billion rearmament programme without compromising Swiss neutrality.
Defence Minister Pfister stresses importance of Swiss mission in Balkans
This content was published on
During a visit to the Balkans region last week, Swiss Defence Minister Martin Pfister met Swisscoy peacekeeping troops in Kosovo.
Premiere for Swiss Air Force on French National Day
This content was published on
On July 14, the Swiss Air Force will take part in the traditional air parade in Paris to mark the French bank holidays with an F/A-18 fighter jet. This is a first for Switzerland.
Swiss launch competition for memorial to Nazi victims
This content was published on
The victims of Nazi Germany are to be commemorated on the Casinoterrasse in Bern. A competition will be held to determine what the site will look like.
This content was published on
Geneva’s ambitions to host the permanent secretariat of the Green Climate Fund (GCF) were dashed on October 20, when the fund’s board chose the South Korean city of Songdo as the new home for the environmental agency. Switzerland had hoped to add another illustrious jewel to Geneva’s list of UN departments and environmental agencies, but…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.