The UN created the “Green Climate Fund” as a tool for redistribution of wealth.
The fund is designed as a payoff to developing nations to keep them on board the UN climate agenda.
Now the fund is running out of other people’s money.
CFACT’s Melanie Collette reports at CFACT.org:
“The Green Climate Fund, the Global Environment Facility, and the Adaptation Fund all sent people to explain how developing countries can tap them for cash. What they mostly did was ask for more. The reason they are running short, though, is news that ought to please anyone who pays U.S. taxes. In February 2025, the United States rescinded roughly $4 billion in outstanding pledges to the Green Climate Fund. We were the first country to do it. This spring, the United Kingdom followed, halving its pledge from £1.6 billion to about £815 million.
“The people on the call treated this as a crisis. For anyone who works for a living and pays the bills, it looks more like a rescue.”
CFACT’s David Wojick sums it up:
“All of this expensive administrative spending is just waste when compared to the existing system of standard foreign aid.
“It makes no sense for donor countries to run billions of dollars of their limited foreign aid money through the fraudulent and wasteful Green Climate Fund.”