UN climate fund chief resigns for personal reasons while board meeting collapses

clock • 4 min read

In a dramatic conclusion to a meeting that failed to approve any finance for the developing world, Howard Bamsey announced his exit from the Green Climate Fund

Howard Bamsey resigned as executive director of the Green Climate Fund (GCF) with immediate effect on Wednesday, in a bombshell finish to a fraught board meeting. The Australian cited "pressing personal...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Majority of global investors say UK outperforms on renewables and clean tech

Majority of global investors say UK outperforms on renewables and clean tech

Latest EY clean tech investor survey finds the UK remains an attractive destination for international investors

Stuart Stone
clock 16 September 2026 • 3 min read
Study: Half a trillion pounds needed by 2040 to fund UK's clean energy transition

Study: Half a trillion pounds needed by 2040 to fund UK's clean energy transition

The UK's clean energy and net zero ambitions are achievable 'but only if financing structures evolve to unlock the scale of investment required', new Santander and Standard Life study claims

Michael Holder
clock 15 September 2026 • 5 min read
Could council bonds unlock much-needed funding for local climate action?

Could council bonds unlock much-needed funding for local climate action?

Could cash-strapped UK councils borrow money from their own residents to pay for local climate action? New Green Finance Institute research makes a compelling case

Michael Holder
clock 15 September 2026 • 8 min read