For example, they fund a lot of water supply systems in dry countries. They call it “climate change adaptation,” but it is not adaptation to climate change. It is addressing a condition that has always existed. It is fraud to call this “climate funding.” The same is true for flood protection in flood-prone areas or improving existing farms, which they also do a lot of.
Moreover, much of this so-called adaptation funding actually increases CO2 emissions, so it is not even green.
A fine example is their biggest funding to date, which is part of the huge Jordan Desalination Project. The GCF says that Jordan is among the world’s driest countries, so it certainly needs water. But Jordan has been this dry throughout its history, so the project has nothing to do with climate change....<<<Read More>>>...
