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Japans climate finance plan weclomed by vulnerable nations

2013-07-03 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Frustrated climate vulnerable nations are turning to a Japanese low carbon scheme to fill the international climate finance void. The Maldives is set to become the latest country to forge a bi-lateral partnership with Japan to exchange carbon credits for technology, finance and logistical support for projects to reduce carbon and protect against the impacts of climate change. The Green Climate Fund (GCF) has been set the target of raising $100bn a year by 2020. It was first suggested formally...

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