There’s no money for poor countries. They will not be cutting emissions.
Ninety percent short of the $100 billion-per-year “commitment,” the Green Climate Fund only “raised” part of the 10%.
The New York Times reports:
All very suspicious though as the GCF has launched projects worth only $168 million so far.
What are the commitments to the Green Climate Fund so far.
Answer: $5.8 Billion US so far; another $4.3B in almost commitments.
http://www.greenclimate.fund/documents/20182/24868/20151102_-_Status_of_Pledges.pdf/d2f4b2b2-667b-4915-a72e-78894dad4db3
How much has actually been paid in so far in cash:
Answer: $236 Million and Sweden has a promissory note for another $485 Million:
http://fiftrustee.worldbank.org/webroot/data/GCF_TR_06_15.pdf
Spent on Administration so far: $74 million.
How much spent on Climate projects:
Answer: Zero
Committed to projects: $168 Million
http://www.gcfund.org/fileadmin/00_customer/documents/MOB201511-11th/04_-_Consideration_of_funding_proposals_20151015_fin.pdf
One really has to know how to dig to find out this information.