China > Green Climate Fund approves its first Chinese project

Green Climate Fund approves its first Chinese project

Published 07:57 on November 14, 2019  /  Last updated at 23:38 on November 14, 2019  /  China, International  /  No Comments

The Green Climate Fund (GCF) board on Thursday approved a $100 million loan to an Asian Development Bank-led project in China’s Shandong province against the votes of the US and Japan, the first time the fund has backed a Chinese project.

The Green Climate Fund (GCF) board on Thursday approved a $100 million loan to an Asian Development Bank-led project in China’s Shandong province against the votes of the US and Japan, the first time the fund has backed a Chinese project.

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