Asia Pacific > 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  / Stian Reklev /  Asia Pacific, China, International

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.