How transparent are climate funds?
Multilateral climate funds play a crucial role in channelling significant portions of climate finance and will be key in efforts to meet the new $300 billion goal. But what do we know about how this climate finance is deployed, who receives it and the impact it’s having? To gain an insight into the transparency of these funds we have investigated the four largest multilateral climate funds: the Green Climate Fund, Global Environment Facility, Climate Investment Funds, and Adaptation Fund.