Tag: Bringing Private Capital to bear on Climate Action

The Green Climate Fund (GCF) and the European Investment Bank (EIB) have sealed a landmark financing agreement that will provide a big boost to climate action in 10 emerging markets across the world according to a news update of the Fund published on June,5,2026. Under the agreement,it said, GCF is committing USD 233 million to the Global Green Bond Initiative (GGBI), a flagship European Union programme. Amundi, Europe’s largest asset manager, will run the GGBI Fund, a public‑private investment vehicle with a target of USD 3.5 billion (EUR 3 billion). The GGBI Fund…