French UN official named as next chief of flagship climate fund

(Climate Change News, 25 Feb 2019) Yannick Glemarec was picked from an all-male shortlist to lead the Green Climate Fund, in a key fundraising year.

The Green Climate Fund has appointed a French UN veteran as its next executive director, as it gears up for a new fundraising round.

Yannick Glemarec joins the flagship fund from UN Women. He previously worked on environmental finance at the UN Development Programme.

Glemarec was selected from a shortlist of three white men, beating World Bank official Ede Ijjasz-Vásquez and GCF interim chief Javier Manzanares.

He will coordinate with economist Johannes F Linn, who was named by the board to steer a replenishment drive for the fund.

Launched with $10.2 billion of pledges from developed countries, the GCF is a pillar of international cooperation to tackle climate change. Its coffers are running low after the US reneged on $2bn of a $3bn pledge.

Germany and Norway have already committed to doubling their initial contributions, while other donors first want to see governance reforms.

GCF board co-chair Nagmeldin Goutbi Elhassan Mahmoud, of Sudan, said Glemarec’s experience would help the fund in raising cash and “to increase our climate impact in developing countries”.

His British counterpart Josceline Wheatley said Glemarec was selected from a “highly qualified pool of applicants,” adding: “His experience and dynamism greatly impressed the board, and we are delighted to nominate him to lead the secretariat.”

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Climate Change News, 25 Feb 2019: French UN official named as next chief of flagship climate fund