US-China trade war spills into Green Climate Fund

clock • 3 min read

Global green fund gets back on track with $1bn splurge, but US vetoed a project that would have loaned $100m to China

The first Chinese bid for finance from the Green Climate Fund (GCF) was deferred on Saturday, after the US board member blocked it. In a sign of US-China tensions spilling into the climate finance...

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 Politics

'Not cutting through': Poll reveals damaging disconnect between MPs and businesses on climate action
Politics

'Not cutting through': Poll reveals damaging disconnect between MPs and businesses on climate action

Only 13 per cent of MPs claim to feel pressure from businesses to deliver bolder climate action, despite 85 per cent of business leaders backing stronger regulation

Stuart Stone
Stuart Stone
clock 15 August 2025 • 4 min read
Global Briefing: Frustration builds over COP30 accommodation woes
Politics

Global Briefing: Frustration builds over COP30 accommodation woes

Brazilian presidency reportedly facing calls to switch climate summit venue, World Bank advances African solar projects, and President Trump's assault on climate action continues

James Murray
James Murray
clock 08 August 2025 • 9 min read
To be a climate leader globally, the UK must act locally
Politics

To be a climate leader globally, the UK must act locally

Over 40 per cent of UK adults say that current net zero plans don’t consider their needs - we can change that by putting people and their communities first, writes British Academy fellow professor Sarah Birch

Professor Sarah Birch, King’s College London and The British Academy
clock 31 July 2025 • 4 min read