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Home > "Spanish Pledge Raises Climate Fund Close To $10 Billion Goal"

"Spanish Pledge Raises Climate Fund Close To $10 Billion Goal" [1]

"A Spanish pledge of 120 million euros ($150 million) to a fund to help poor nations cope with global warming has raised the total close to the $10 billion U.N. target before a U.N. meeting in Peru next week to work on a climate deal.

The Green Climate Fund (GCF) said on Friday that pledges now totaled $9.7 billion from 22 nations, just shy of the U.N. goal but well short of $15 billion demanded by developing nations for a first capitalization.

'We call upon all countries who have not yet contributed to join in,' Hela Cheikhrouhou, executive director of the Seoul-based GCF, said in a statement."

Alister Doyle reports for Reuters December 1, 2014. [2]

Climate Change [3]
International [4]
Public [5]
Source: Reuters [2], 12/01/2014
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Source URL:https://www.sej.org/headlines/spanish-pledge-raises-climate-fund-close-10-billion-goal

Links
[1] https://www.sej.org/headlines/spanish-pledge-raises-climate-fund-close-10-billion-goal [2] http://planetark.org/enviro-news/item/72550 [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/region/international [5] https://www.sej.org/taxonomy/term/81