I’ve just returned from attending the 13th meeting of the Board of the Green Climate Fund (GCF). Many of us GCF old-timers[1] can’t help but feel a sense of sincere disappointment. How can anyone who, perhaps naively, looked to the GCF as a people’s alternative to the World Bank not feel at least a bit deflated? Most of the GCF’s resources look to be captured by the same old, same old (i.e. World Bank,…
Friends of the Earth has long been at the forefront of the effort to eliminate fossil fuel subsidies. These subsidies perpetuate our dependence on the dirty energy sources of the past, rob us of our capacity to fund energy solutions of the future, and undermine any attempts to implement smart climate policy. Friends of the Earth supports the eventual elimination of all fossil fuel subsidies. But as we point out in a new position…