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Has there been a corporate capture of the UN’s climate fund?

The mobilization of finance is the foundation for a just, fair, adequate, and effective global response to the climate crisis.

By openDemocracy authors
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Picture by Travis Ford / Flickr.com. (CC BY 2.0)According to UNFCCC, climate finance is critical in addressing climate change because large-scale investments are required to reduce emissions and to make a systematic transformation to a more sustainable future.

In addition, financial resources are required to allow countries to adapt to the adverse effects and reduce impacts of climate change.

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Creative Commons Attribution-NonCommercial 4.0