Green Climate Fund aims for rapid scale-up of investments to USD 2.5b

November 27, 2015

The first eight projects approved by the Green Climate Fund (GCF) are a cautious beginning, but the fund must quickly scale up investments, the Co-chair of the fund Henrik Harboe says. Frustrated by the slow pace of project approvals, GCF Board members from India, Egypt and Saudi Arabia pushed through the ambitious, concrete investment target for 2016.

Henrik Harboe, Co-Chair of the Green Climate Fund Board
Photo: Norwegian Foreign Ministry

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