M
MercyNews
Home
Back
US Announces Immediate Exit from Green Climate Fund
Politics

US Announces Immediate Exit from Green Climate Fund

The United States has announced its immediate withdrawal from the Green Climate Fund, a key mechanism for financing climate actions in developing countries. The decision reduces the fund's resources.

G1 Globo5d ago
5 min read
📋

Quick Summary

  • 1On January 9, 2026, the United States announced its immediate withdrawal from the Green Climate Fund (GCF), the primary international mechanism for financing climate actions in developing countries.
  • 2This decision interrupts American participation in the fund, which was created to support projects for mitigating greenhouse gas emissions and adapting to global warming impacts.
  • 3The withdrawal follows a series of decisions to exit international organizations starting on January 8.
  • 4The immediate exit reduces the fund's financing base and may directly affect resource availability for adaptation and mitigation projects in countries most vulnerable to climate change.

Contents

The Announcement and Immediate ImpactAbout the Green Climate FundProjects in BrazilGlobal Context and Consequences

Quick Summary#

The United States announced its immediate withdrawal from the Green Climate Fund on January 9, 2026. This decision interrupts the nation's participation in the primary international mechanism for financing climate actions in developing countries. The move is part of a broader series of exits from international organizations that began on January 8.

The withdrawal significantly reduces the fund's financing base. This directly affects the availability of resources for adaptation and mitigation projects in nations most vulnerable to climate change. As the world's second-largest emitter of carbon dioxide, the US exit pressures other donors to compensate for the absence. The fund, created in 2010, supports over 100 global initiatives, including 13 projects in Brazil focused on Amazon protection.

The Announcement and Immediate Impact#

The United States announced its immediate exit from the Green Climate Fund (GCF) on Thursday, January 9. This decision interrupts the American participation in the main international financing mechanism for climate actions in developing nations. The withdrawal comes in the wake of decisions to leave other international organizations that started the previous day, on Wednesday, January 8.

The immediate retirement of the United States reduces the fund's financing base. This reduction can directly affect the availability of resources for adaptation and mitigation projects in countries that are more vulnerable to climate changes. Furthermore, the absence of such a major donor places pressure on other contributors to compensate for the funding gap.

The United States is the second-largest emitter of carbon gas in the world. This status makes the nation a significant contributor to global warming, which disproportionately affects the nations of the Global South, specifically the less developed countries.

About the Green Climate Fund#

The Green Climate Fund (GCF) was established in 2010 during the 16th Conference of the Parties (COP 16) in Cancún. It was created by the countries integrating the United Nations Framework Convention on Climate Change (UNFCCC). The fund later became part of the financial structure of the Paris Agreement.

Since approving its first project in 2015, the GCF has developed a portfolio containing more than 100 initiatives globally. These initiatives are designed to support developing countries in meeting their climate goals, known as Nationally Determined Contributions (NDCs). The fund remains a critical tool for international climate finance.

Projects in Brazil#

By 2024, the GCF had 13 projects active in Brazil. These projects focus on various environmental and economic initiatives aimed at addressing climate impacts. The presence of the fund in the country highlights the international support for local climate efforts.

Specific areas of focus for these projects include:

  • Protection of the Amazon rainforest.
  • Expansion of agroforestry in the Amazon region for economic development.
  • Protection of the Marajó region, which is suffering from rising temperatures.
  • Protection of coral reefs.

Global Context and Consequences#

The withdrawal of the United States from the Green Climate Fund represents a significant shift in international climate cooperation. As a major economic power and a significant historical emitter, the US role in the fund was pivotal. The decision to exit immediately halts any future contributions from the country and removes its influence from the fund's strategic direction.

Developing nations rely heavily on the GCF to implement projects that build resilience against climate change. These projects range from renewable energy infrastructure to disaster preparedness. The loss of funding could delay or cancel critical initiatives, leaving vulnerable populations exposed to increasing environmental risks.

Other donor nations and private sector partners may need to increase their contributions to maintain the fund's operational capacity. The situation underscores the challenges of sustaining multilateral climate finance in a shifting geopolitical landscape.

Frequently Asked Questions

The Green Climate Fund is the main international mechanism for financing climate actions in developing countries. It was created in 2010 to support projects that mitigate greenhouse gas emissions and help nations adapt to the impacts of global warming.

The withdrawal reduces the fund's financing base and affects resource availability for vulnerable countries. As the world's second-largest carbon emitter, the US exit pressures other donors to compensate for the funding gap.

As of 2024, the Green Climate Fund had 13 projects active in Brazil, focusing on Amazon protection, agroforestry expansion, and coral reef protection.

#G1

Continue scrolling for more

AI Transforms Mathematical Research and Proofs
Technology

AI Transforms Mathematical Research and Proofs

Artificial intelligence is shifting from a promise to a reality in mathematics. Machine learning models are now generating original theorems, forcing a reevaluation of research and teaching methods.

Just now
4 min
172
Read Article
KB Files Patent for Hybrid Stablecoin Credit Card
Economics

KB Files Patent for Hybrid Stablecoin Credit Card

South Korean financial giant KB has filed a patent application for a groundbreaking hybrid payment system. This technology aims to bridge the gap between digital assets and traditional finance.

1h
5 min
1
Read Article
Thailand Crane Collapse: Fatal Train Disaster
Accidents

Thailand Crane Collapse: Fatal Train Disaster

A routine journey from Bangkok turned tragic when a crane collapsed onto a high-speed passenger train. Emergency crews responded to the catastrophic scene as several lives were lost.

1h
5 min
0
Read Article
JO-2028 : les organisateurs mettent en vente un million de tickets à 28 dollars
Sports

JO-2028 : les organisateurs mettent en vente un million de tickets à 28 dollars

La billetterie ouvre mercredi avec une phase d’inscription, avant un tirage au sort de plages d’achat à partir du mois d’avril.

1h
3 min
0
Read Article
Politics

East Jerusalem Schools Strike Over Teacher Permits

Classes for approximately 20,000 students were suspended across private institutions in East Jerusalem as educators and administrators protest what they describe as arbitrary new limitations on work permits for teachers residing in the West Bank.

1h
3 min
1
Read Article
Progressive Government Targets Housing Inequality
Politics

Progressive Government Targets Housing Inequality

A new legislative focus identifies housing as the central battleground for social justice, aiming to dismantle speculative market forces and secure the fundamental right to shelter.

1h
5 min
0
Read Article
Autonomous Funding Reform Reignites Regional Tensions
Politics

Autonomous Funding Reform Reignites Regional Tensions

The Ministry of Finance has proposed a comprehensive reform of the autonomous financing system, a framework that has remained unchanged since 2014. The announcement has immediately reignited political tensions, particularly concerning the distribution of resources among Spain's regions.

1h
5 min
0
Read Article
Spanish Housing Crisis Drives Economic Pessimism
Economics

Spanish Housing Crisis Drives Economic Pessimism

The ongoing housing crisis in Spain is significantly impacting citizens' economic outlook, with recent surveys showing a dramatic decline in consumer confidence as property prices and rents continue their relentless climb.

1h
5 min
0
Read Article
Accidents

Crane Collapses on Thai Train, Killing 22

A passenger train traveling from Bangkok to Thailand's northeast was derailed Wednesday morning when a construction crane collapsed onto one of its carriages, resulting in significant casualties.

1h
5 min
7
Read Article
Accidents

Train Crane Collapse in Thailand Kills 22

A catastrophic crane collapse onto a moving train in northern Thailand has resulted in at least 22 fatalities and over 30 injuries, marking a dark day for the nation's transport safety.

1h
5 min
7
Read Article
🎉

You're all caught up!

Check back later for more stories

Back to Home