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Climate fund rolls out amid hopes it stays green"

2015-06-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: After a difficult infancy, the Green Climate Fund is finally getting some legs. The big question now is what direction it will toddle off in. Local ownership, sustainability and a firm commitment to clean energy are a few of the non-negotiable items if the Fund is to be a success, civil society groups stress."Allowing so-called climate financing for projects that are slightly less dirty than a hypothetical alternative is a sure way to game the system." -- Karen Orenstein "The GCF board is aiming...

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