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New U.N. climate fund to take risks to promote green tech

2015-06-05 16:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A new United Nations fund set up to help developing nations tackle climate change will take bigger risks than many international lenders to promote innovative green technologies, the head of the fund said on Friday. Hela Cheikhrouhou, executive director of the Green Climate Fund (GCF), told Reuters that donor pledges of $10.2 billion so far were a good start but only a fraction of the sums needed to curb greenhouse gas emissions and adapt to rising temperatures. The fund will take risks to...

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