The UN fund to help developing countries fight climate change can be spent on coal-fired power plants – the most polluting form of electricity generation – under rules agreed at a board meeting.
The green climate fund (GCF) refused an explicit ban on fossil fuel projects at the contentious meeting in Songdo, South Korea, last week.
“It’s like a torture convention that doesn’t forbid torture,” said Karen Orenstein, a campaigner for Friends of the Earth US who was at the meeting. “Honestly it should be a no-brainer at this point.”