Small island developing states do not receive enough funding to help with adaptation and mitigation initiatives.

This was highlighted by the executive director of the Green Climate Fund, Yannick Glemarec, who said SIDS only receive two percent of funding, adding that this needs to change.

The GCF is an institution established under the UNFCCC as an operational entity of the financial mechanism to assist developing countries in adaptation and mitigation practices to combat climate change.

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Glemarec said the GCF needs to funnel a significant percentage of the $ 100 billion climate finance pledge.


“In our case, we allocate 12% of our funding to SIDS and are currently developing a number of large programs. SIDS are in an extremely precarious situation with the COVID-19 pandemic. SIDS have done nothing to contribute to the climate crisis.

The executive director of the world’s first fully dedicated climate finance institution says appropriate funding is essential to save SIDS from the adverse effects of climate change.

“This is essential for financing small island developing states. It is a moral duty for the world to act and at the same time what we are trying to do is have a programmatic approach where we can bring different partners who can create access to affordable finance for SIDS.

The GCF is committed to helping climate-vulnerable countries build their resilience and infrastructure.

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