Belgium has announced an increase in its contribution to the UN's Green Climate Fund, raising it from 100 million to 150 million euros. Caroline Gennez, the Development Cooperation minister

representing Belgium at the GCF conference in Bonn, Germany, made this announcement. During the conference, nations are discussing their contributions to the world's largest multilateral climate finance fund.

Belgium had initially pledged 100 million euros in 2019, but this commitment has now been extended to 150 million for the period from 2024 to 2027.

Caroline Gennez emphasized the importance of all countries playing their part in addressing climate change. She highlighted that simply reducing car usage is not enough, as sustainable farming practices in regions like the Congo Basin are equally crucial to prevent deforestation and reduce CO2 emissions.

The Green Climate Fund was established following the 2015 Paris climate agreement and supports various climate-related projects in developing countries, such as financing solar panels in Pakistan and agricultural initiatives in the Philippines. To date, more than $3 billion has been disbursed, with over $12 billion committed. A total of 25 countries have pledged support to the GCF, amounting to $9.3 billion over the next four years. The GCF is actively encouraging additional contributions from other nations in the coming weeks. Photo by Paul van Welden, Wikiimedia commons.