$9.3 billion Pledged to Green Climate Fund
21 countries, including developing countries, pledged on 20 November 2014 in Berlin, Germany a total of US$9.3 billion to the Green Climate Fund (GCF). The GCF was established to provide climate financing as assistance to developing counties in implementing resilient and clean solutions in the public and private sectors.
Reviewing of fund proposals by the GCF Board is slated to begin in the second half of 2015.
The GCF press release is available here.