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UN climate fund gears up to deploy cash after Japan inks pledge

2015-05-21 18:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.N.'s Green Climate Fund can start deciding where to deploy its cash following the signing of an agreement with the Japanese government that means it will have enough money to begin operating. The new fund for international climate finance needed to convert half of the $9.35 billion pledges made for its first pledging conference last November into firm contribution agreements to become effective. It had set a deadline for the end of April. Japan and the United States did not meet that...

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