Green Climate Fund
$ 11 Billion Is the Pledged Sum to the Global Climate Fund
French Finance Minister Bruno Le Maire said today that the pledges to fill the international fund to help poor countries deal with climate change will reach $ 11 billion, the Associated Press reported.
Environmental groups urge climate fund to exclude fossil fuels
Environmental groups are demanding tighter rules on climate finance for poor nations after an Associated Press investigation showed Japan bankrolled coal-fired power plants with money earmarked for fighting global warming.
On the sidelines of U.N. climate talks in Lima, green groups on Dec. 4 urged the recently launched Green Climate Fund to exclude money for fossil fuels.