GCF board approves $750 mln but turns away drought prevention project for parched Ethiopia

Published 11:30 on April 6, 2017  /  Last updated at 16:28 on April 6, 2017  /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International, Kyoto Mechanisms, Other APAC, South & Central, US  /  No Comments

The Green Climate Fund board on Thursday approved over $750 million in funding for eight new projects but did not back an adaptation project in Ethiopia, much to the ire of developing-country board members and green groups.

The Green Climate Fund board on Thursday approved over $750 million in funding for eight new projects but did not back an adaptation project in Ethiopia, much to the ire of developing-country board members and green groups.

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