Green Climate Fund approves first REDD project

Published 09:20 on February 27, 2019  /  Last updated at 00:07 on February 28, 2019  /  Africa, Americas, EMEA, International, REDD, South & Central, Voluntary Market  /  No Comments

The board of the Green Climate Fund on Wednesday awarded $96.5 million to a Brazilian REDD+ project, the first time a scheme designed to cut emissions by halting deforestation has been backed by the flagship UN-backed climate finance initiative.

The board of the Green Climate Fund on Wednesday awarded $96.5 million to a Brazilian REDD+ project, the first time a scheme designed to cut emissions by halting deforestation has been backed by the flagship UN-backed climate finance initiative.

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