Tag Archive: Climate Investment Funds

African countries to receive over $1 billion in climate finance

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The announcement, made by the World Bank on the sidelines of the UN climate meeting taking place in Barcelona, will bring music to the ears of the millions of Africans suffering from climatic changes.  The decision made by the trustees of the Climate Investment Funds (CIF), will commit $1.1 billion dollars to six African nations.  …

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Recipients announced for Climate Investment Funds

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Last year, rich countries pledged some $6 billion for the World Bank’s Climate Investment Funds (CIFs), to which the UK is a significant contributor. It has recently been announced that some 8 countries are allowed to submit proposals for the Pilot Program for Climate Resilience (PPCR). These are Bangladesh, Bolivia, Cambodia, Mozambique, Nepal, Niger, Tajikistan …

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