GCF approves $500 million in funding for projects

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GCF approves $500 million in funding for projects

 The Green Climate Fund (GCF), the Korea-based United Nations climate fund aimed at helping poor nations fight global warming, has approved $500 million in funding for new projects and programs, according to the finance ministry Sunday.
 
  During a virtual meeting held from June 28 to July 2, the GCF's board discussed new funding and accreditation proposals.
 
  Startedin late 2010, the GCF aims to channel money from industrialized nations to developing countries to help them tackle climate change-related problems.
 
Yonhap 
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