$600 Million Fund Battles Adaptation Finance Gap
The GAIA Climate Loan Fund achieved a $600 million first close, channeling blended finance to climate adaptation and mitigation in 19 emerging markets
The GAIA Climate Loan Fund achieved a $600 million first close, channeling blended finance to climate adaptation and mitigation in 19 emerging markets
The Green Climate Fund (GCF) has approved USD 1.225 billion in climate finance for developing countries, marking the largest single allocation in the Fund’s history.