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Norway, UK, US allocate $280 million to stop deforestation

2013-11-21 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Eco-Business: The governments of Norway, Britain and the United States on Wednesday said they will allocate $280 million of their multi-billion dollar climate change finances to a new initiative aimed at halting deforestation. The announcement was made at U.N. talks in Warsaw, where more than 9,000 delegates are meeting to hammer out the foundations of a new global treaty to combat climate change. The money, part of the nations` previously announced climate finances, will be administered by the World Bank`s...

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