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Financing Climate Justice: The Green Climate Fund in a Changing World

New Arrival Financing Climate Justice: The Green Climate Fund in a Changing World

Financing Climate Justice: The Green Climate Fund in a Changing World

Author: Ruth Adler
Publisher: Edward Elgar Publishing
ISBN: 9781035362035
Published In: February 2026
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Contents

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This timely book traces the evolution of the Green Climate Fund (GCF) since its establishment in 2010. Ruth Adler investigates whether it has the legitimacy necessary to substantially contribute to the achievement of the objectives of the Paris Agreement, including limiting the increase in global average temperature to less than 2°C above pre-industrial levels.

Adler conducts a comprehensive study of the performance of the GCF, and addresses gaps in the existing scholarship to analyse the Fund’s effectiveness. Taking a deep dive into its portfolio, she determines whether the funded projects and programs have been effective, and if they have achieved outcomes consistent with the principles of justice and equity. Chapters draw on performance reporting and independent evaluations, as well as annual reports and financial information, which indicate implementation challenges and delays. Adler ultimately argues that the Fund’s legitimacy could be enhanced through reforms to its governance and contributions from a broader range of donors.

This book is a crucial read for scholars and students of climate change, environmental law and public international law. It is also beneficial for practitioners and policymakers in climate policy and finance, as well as NGOs, climate activists and investors in the field.

Introduction: the Green Climate Fund and the climate finance challenge

The global climate finance regime and the decision to establish the Green Climate Fund

The concept of legitimacy

The negotiation of the Governing Instrument for the Green Climate Fund

Sources of legitimacy

Governance

Accountability

Mobilization of resources

Resource allocation

10.

The performance of the Green Climate Fund’s portfolio

11.