Skip to content

World's largest climate fund refills purse

The world's biggest climate fund wrapped up a fundraising conference at Paris with US$9.78 billion in pledges raised from 27 mostly European nations.

A project to build climate resilience in Rwanda's Akagera watershed with support from the Green Climate Fund
A project to build climate resilience in Rwanda's Akagera watershed with support from the Green Climate Fund (AN/Rwanda Green Fund)

PARIS (AN) — The world's biggest climate fund wrapped up a fundraising conference on Friday with US$9.78 billion in pledges raised from 27 mostly European nations, which was less than what donors promised to compensate for the U.S. absence.

Donors had vowed to contribute US$10.3 billion to the Green Climate Fund, an amount that still would not have paid for all of the fund's ambitious projects in its more than US$30 billion pipeline.

This article is for paying subscribers only

Join now

Already have an account? Log in

Latest