Integrity of Climate Finance
Green Climate Fund
Climate finance has the potential to become a powerful driver of sustainable development. By supporting emissions mitigation, climate change adaptation and capacity building in developing countries, climate finance could help build the governmental, social, economic and physical infrastructures that are essential for poverty reduction and growing the green economy. However, it is vital that the strongest possible anti-corruption measures are embedded in the implementation of large scale climate finance to achieve: the minimum opportunity for corrupt behaviour; and the best possible result for the money invested – particularly in relation to the Global Climate Fund (GCF) which aims to mobilising US$100 billion per year by 2020.
TI Australia has released two background briefs: