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The United Nations’ flagship Green Climate Fund will announce its first projects at a board meeting, which runs from 2-5 November 2015 in Zambia.
According to Ed King, eight funding proposals worth US$168 million were recently published on its website, three targeted in Africa, two in Latin American and the others in Fiji, the Maldives and Bangladesh.
King says these include US$25 million of investment in an East African solar fund, US$40 million for a Bangladesh climate resilience programme and US$22 million for energy efficiency green bonds in Mexico, the Dominican Republic, Jamaica, and Colombia.
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Source: PMH International.