Green Climate Fund Approves Record Funding
The Green Climate Fund approved a record 1.97 billion dollars for projects during its board meeting. Executive Director Mafalda Duarte aims to scale up private capital mobilization ahead of the upcoming COP31 climate talks.
The Green Climate Fund approved $1.97 billion in funding for 21 projects on Thursday afternoon, pushing total annual investments to a record $3.2 billion.
The approvals arrive ahead of the upcoming COP31 climate talks in Turkey in early November.
