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Photo: GCFAdvocating before the Green Climate Fund
The Green Climate Fund is the world's leading multilateral climate finance institution. As such, it has a key role in channelling economic resources from developed to developing nations for projects focused on mitigation and adaptation in the face of the climate crisis.
Created in 2010, within the framework of the United Nations, the fund supports a broad range of projects ranging from renewable energy and low-emissions transportation projects to the relocation of communities affected by rising seas and support to small farmers affected by drought. The assistance it provides is vital so that individuals and communities in Latin America, and other vulnerable regions, can mitigate greenhouse gas emissions and address the increasingly devastating impacts of global warming.
Climate finance provided by the Green Climate Fund is critical to ensure the transformation of current economic and energy systems towards the resilient, low-emission systems that the planet urgently needs. To enable a just transition, it’s critical to follow-up on and monitor its operations, ensuring that the Fund effectively fulfills its role and benefits the people and communities most vulnerable to climate change.
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Read our recent report "Leading participatory monitoring processes through a gender justice lens for Green Climate Fund financed projects" here.
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Organizations condemn Eco Oro’ threat to sue Colombia over efforts to protect páramos
The Canadian company developing the Angostura gold mine in the high-altitude wetlands, or páramo, of Santurbán, has announced that it could file an international arbitration suit against Colombia over measures to protect the páramo, which is an important source of water in the country. Washington/Ottawa/Bogotá/Bucaramanga/Ámsterdam – Civil society organizations condemn Eco Oro Minerals’ announcement that it will initiate international arbitration against the Colombian state. Eco Oro has stated its intention to sue Colombia under the investment chapter of the Canada Colombia Free Trade Agreement over measures that the Andean state has taken to protect the Santurbán páramo and páramos around the country from harmful activities such as large-scale mining. Eco Oro Minerals’ Angostura proposed gold mine in Santurbán has financial backing from the World Bank’s International Finance Corporation. The company argues that it will lose money because of the demarcation of the páramo and the recent decision from the Constitutional Court of Colombia reaffirming the prohibition against mining in all Colombian páramos. The company stated in a news release that it could bring the dispute to international arbitration and seek “monetary compensation for the damages suffered.” “Since the Angostura project got underway, it has been clear that páramos are constitutionally and legally protected and that this project could affect Santurbán, such that it might not be authorized. States should not be sanctioned for protecting their water sources, given that they are doing so in accordance with national and internacional obligations,” remarked Carlos Lozano Acosta from the Interamerican Association for Environmental Defense (AIDA). The páramos are the source of 70% of the fresh water that is consumed in Colombia and are essential for mitigating climate change. The proposed gold mine was already the subject of a complaint to the Compliance Advisor Ombudsman of the International Finance Corporation (IFC). The Committee in Defense of the Water and Páramo of Santurbán filed the complaint in 2012. The IFC is the part of the World Bank Group exclusively focused on the private sector. A report based on this investigation is expected in the coming months. “The implication and the irony of Eco Oro’s statement is that the IFC’s investment in the company could be used to litigate against member states of the World Bank. It’s time for the IFC to withdraw its investment from this company,” stated Carla García Zendejas from CIEL. “In 2011, the Colombian Ministry of the Environment denied an environmental permit for the Angostura project, demonstrating its inviability. The Constitutional Court’s decision reaffirmed this, finding that the right to water and the protection of the páramos takes precedent over the economic interests of companies trying to develop mining projects in these ecosystems,” commented Miguel Ramos from the Santurbán Committee. “Just as has we have seen in El Salvador, where the state is being sued for US$250 million for not having granted a Canadian company a mining permit when the company did not even fulfill local regulations, the international arbitration system enshrined in neoliberal investment agreements is a real threat to the sovereignty of states and peoples to decide over highly important issues, such as water,” said Jen Moore from MiningWatch Canada. The organizations call on the company to abstain from arbitration against the Colombian state and note the risk that other companies with projects in the Santurbán páramo could follow Eco Oro’s example. Find additional information here.
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Facts on Financing the Climate Fight
The impacts of climate change are already being felt by many millions of people and communities around the world – but the burden weighs most heavily on the poor and marginalised in developing countries. That’s why 195 countries came together to create the Green Climate Fund (GCF) under the United Nations Framework Convention on Climate Change (UNFCCC). The GCF is expected to play a central role in financing efforts to combat climate change » (mitigation) and to help developing countries cope with its effects (adaptation). LEARN MORE ABOUT IT:
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Public letter to President of Honduras on the killing of Berta Cáceres
Dear President Juan Orlando Hernández, We, a group of 50+ international organisations, write to express our shock and concern over the recent killing of Berta Cáceres, environmental activist and head of the indigenous rights group COPINH. As you will know, Mrs Cáceres was shot dead by gunmen in the late hours of 2 March 2016. Over the years she had received multiple death threats and attempted kidnappings because of her work defending indigenous Lenca land against the Agua Zarca dam project in Río Blanco. These threats had escalated in recent weeks since construction of the dam had restarted. We demand an independent international investigation into the circumstances around Mrs Cáceres’ death, and guaranteed protection for her family and colleagues. Mrs Cáceres was granted emergency protection measures by the Inter-American Commission on Human Rights because of her acute vulnerability, but she claimed the Honduran state did not fully implement them. We also demand urgent action to protect Gustavo Castro Soto, a Mexican activist who witnessed her assassination, and to ensure his safe passage back to Mexico. Mrs Cáceres’ case is the most high-profile killing within a growing trend in the murder, violence and intimidation of people defending their indigenous land rights in Honduras. Honduras is the world’s most dangerous country per capita to be an environmental or land defender, with at least 109 people killed between 2010 and 2015. Mrs Cáceres’ case has not escaped international attention. In a statement issued in response to her death U.S. Senator Patrick Leahy called on you to find and punish those responsible for “this despicable crime.” Last year, US Senator Barbara Boxer wrote a letter to US Secretary of State John Kerry urging for better protection of environmental defenders in Honduras. This was in direct response to Mrs Cáceres winning the 2015 Goldman Environment Prize – a prestigious award recognizing grassroots environmental activists from around the world. News of her death has generated substantial international media attention. The 50+ international organisations listed below call on the Honduran state to ensure indigenous peoples’ right to their land is respected and that they are able to carry out their legitimate work without fear for their safety.
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