Green Climate Fund Board approves USD 1 billion for climate action, sets out strategic vision

The Green Climate Fund (GCF) Board has given a major boost to climate finance for developing countries with the approval of over USD 1 billion of funding for low-emission, climate-resilient development. The 27th Board meeting also adopted the Updated Strategic Plan for the Green Climate Fund 2020-2023, setting an ambitious direction for GCF during its first replenishment period. (Source: Green Climate)

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