Green Climate Fund aims to allocate half of money for adaptation

By Megan Rowling | Mon, 24 Feb 2014 12:56 PM
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LONDON (Thomson Reuters Foundation) - The board of the fledgling U.N. Green Climate Fund, which is likely to handle billions of dollars in climate finance in the coming years, has decided to aim for an equal "50:50" balance between funding for climate change mitigation and adaptation "over time".

It will also aim to allocate no less than half the money it earmarks for adaptation for countries that are most ...

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