Sweden gets serious on climate finance

Is there a new climate hero on the horizon? ECO was excited to read that the new Swedish Government is thinking of pledging SEK$4 billion (US$560 million) to the GCF for the 2015-18 period. That’s not all: the 2015 portion of this pledge will also, at the very least, be in addition to its already planned ODA (1% of GNI). If this continues for the entirety of the 2015-18 period, Sweden will become the first country to walk the talk on “new and additional” finance. ECO hopes that the Swedish government sees their planned pledge as one of several finance … Continue reading Sweden gets serious on climate finance