"the UNFCCC Climate Change Secretariat does not know how to raise five million Euros needed for its next climate conference...What is more, Germany is going to halve its climate funding as of next year."

Drought Warning: UN Climate Talks Running Dry

The UN climate campaign is running out of money. Launched with high hopes, the global "Green Climate Fund" (GCF), set up by the United Nations to finance climate change projects in the developing world, is gridlocked due to an international power play. Meanwhile, the UNFCCC Climate Change Secretariat does not know how to raise five million Euros needed for its next climate conference.

At the UN climate conference in Bonn, which runs until the end of the week, the impasse over the Climate Fund is dominating the negotiations. Environmental groups also complain that climate funding often does not end up at the right places. The UNFCCC Climate Change Secretariat is suffering from cost-cutting measures and does not know how to raise five million Euros needed for its next climate conference. What is more, Germany is going to halve its climate funding as of next year.