Africa > GCF approves massive EBRD project to green industries in seven countries

GCF approves massive EBRD project to green industries in seven countries

Published 21:57 on August 21, 2020  /  Last updated at 22:46 on November 23, 2022  / Ben Garside /  Africa, Americas, Asia Pacific, International, Middle East, Nature-based, South & Central, South Korea, Voluntary

The Green Climate Fund (GCF) on Friday approved a $250 million loan to an EBRD-sponsored project to spur climate action in heavy industry across seven developing nations, a sum equivalent to around 10% of the UN climate finance initiative's annual budget.
The Green Climate Fund (GCF) on Friday approved a $250 million loan to an EBRD-sponsored project to spur climate action in heavy industry across seven developing nations, a sum equivalent to around 10% of the UN climate finance initiative's annual budget.


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