This episode features a guest lecture delivered at STL Sustainability Innovation & Law Circle by Dr Gonzalo Larrea, Assistant Professor at Utrecht University School of Law. The COP29 outcomes target an expanded role for climate funds in delivering climate finance for developing countries. In his lecture, Dr Larrea provides a comparative analysis of climate funds such as the Global Environment Facility, Green Climate Fund & Adaptation Fund, focusing on their safeguards against negative environmental and social impacts on local communities and proposing reforms to strengthen these safeguards.