Green Climate Fund: Timely Action Needs Early Pledges
The present discussion paper describes why early pledges for the Green Climate Fund (GCF) are important for early action – hence a timely start of project support – of the GCF. Of course, each donor country decides for itself when it perceives a fund to be ready and sufficiently trustworthy for funding and each donor country will probably have its own set of items it wants to see addressed before it can pro-vide pledges. Nevertheless, this short discussion paper looks at the interdependence between the need for early pledging for the GCF and the necessary progress of the GCF operationalization process.