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New Fund Helps Cities Build a Climate-smart Future

2015-02-27 02:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: The World Bank Group, with financial support from The Rockefeller Foundation, is expanding its program to help cities unlock capital to build the infrastructure that supports a climate-smart urban future. The Rockefeller Foundation has provided a grant of US$1 million as seed funding for a new multi-donor trust fund to improve financial management and enhance creditworthiness of cities in developing countries through the World Bank`s City Creditworthiness Initiative. Vulnerable to sea level...

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