GCF approves massive EBRD project to green industries in seven countries

Published 21:57 on August 21, 2020  /  Last updated at 23:14 on August 21, 2020  /  Africa, Americas, Asia Pacific, International, Middle East, REDD, South & Central, South Korea  /  No Comments

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.

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.

Comment