First UN climate fund board meeting set for August 23
LONDON (Reuters) - The first board meeting of the United Nations'
Green Climate Fund (GCF) will be held on August 23 to 25, an official
at the fund's interim secretariat said on Thursday, five months later
than it was originally planned. The fund is designed to help channel up
to $100 billion a year in climate finance by 2020 to help developing
countries adapt to climate change. However, the fund is an empty shell after last year's U.N. climate talks failed to make solid progress on sources of finance and the global ...