Green Climate Fund announces eight projects to be funded in Asia,Africa and Latin America ahead of Paris summitThe head of the UN’s climate fund has hailed a “paradigm shift” as destitute countries began receiving money to help them tackle global warming, weeks before climate talks take spot in Paris.
The Green Climate Fund (GCF) is intended to be the major conduit for funding to flow from wealthy economies built on fossil fuels to those that will suffer most from climate change they did not cause.
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Source: theguardian.com