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UN fund approves its first climate aid for poor nations

The GCF said in a statement its board had approved USD 168 million (155 million euros) for eight projects in countries.

Hollande calls for stronger role of Green Climate Fund

 The UN financial mechanism Green Climate Fund (GCF) should play stronger role in helping developing countries trim global warming, French President Francois Hollande has said.

China welcomes Brazil's emission reduction goal

 Top polluter China today welcomed Brazil's pledge to reduce its greenhouse gas emissions by 37 per cent by 2025 from 2005 baseline level as part of its contribution to a pact to fight global warming.

China pledges $3 bn to fight climate change

 China has pledged $3 billion to help other developing countries combat climate change.

Green Climate Fund of $100 billion/year not enough to tackle climate change: India

India today said the commitment by some developed nations to generate USD 100 billion towards Green Climate Fund (GCF) every year by 2020 will not prove sufficient to tackle the climate change issues.

India seeks clarity on sources of USD 100 billion climate fund

India Tuesday sought clarity on ways to mobilise the targeted global climate fund of USD 100 billion per year by 2020, saying the developed countries are "nowhere" near the goal and this raises question on the credibility of the commitment.

Developed world has to walk the talk on climate change: India

The developed world would have to "walk the talk" on climate change and provide a green climate fund to the developing world, Environment Minister Prakash Javadekar has said, ahead of a crucial UN meet on the issue in Paris later this year.

EU wants India to contribute to the UN Green Climate Fund

The European Union Sunday said it expects India and other emerging economies to contribute to the Green Climate Fund after 2020, stating that "geopolitical realities have changed significantly".

Govt invites agencies to implement climate projects under GCF

 The Environment Ministry has invited applications from agencies for implementing climate change mitigation and adaptation projects in the country utilising Green Climate Fund.

Upcoming budget to hold roadmap for India's actions on climate change: Javadekar

Environment Minister Prakash Javadekar Tuesday hoped that the upcoming Budget will give a clear indication as to how India would "walk the talk" on climate issues while negotiating a deal on emission cuts in Paris later this year.

Germany agrees with India on equal use use of GCF for adaptation & mitigation

 Germany today agreed with India's position that the funds in the Green Climate Fund (GCF) should be equally utilized for both mitigation and adaptation, a view which it were "opposed" to earlier.

Will be more pro-active if US addresses demand for green tech transfer: India

Ahead of President Barack Obama's visit, India Friday said it will be more pro-active on climate change issues if the US addresses its demand for transfer of green technology and operationalisation of the Green Climate Fund pledged by the developed world including America.

India for early financing of Green Climate Fund

India today insisted on early financing of the Green Climate Fund to reach the USD 100 billion target, as Environment Minister Prakash Javadekar arrived here to participate in crucial negotiations to reach a historic deal to be signed next year in Paris.

UN's definition of 'climate finance' comes under scrutiny

The UN's definition of 'climate finance' came under the scrutiny of developing countries and civil society here Thursday after it emerged that about USD 1 billion in Japanese funding meant for combating global warming was used to build three coal-fired power plants in Indonesia.

USD 650 bln spent on climate projects globally in 2011-12

 A whopping USD 650 billion was spent on climate change projects aimed at adaptation and emissions reduction across the globe in 2011-12, according to the UN Framework Convention on Climate Change.

Invest in girls to fight climate change: Ashok Khosla

Investing for girls’ education and employment can be helpful in curbing carbon emissions, said Ashok Khosla, an expert on environment and sustainable development.

Mumbai, Kolkata most vulnerable to climate change: Govt

Mumbai, Kolkata most vulnerable to climate change: Govt

 India's populous coastal cities Mumbai and Kolkata are most vulnerable to loss of life and properties due to coastal flooding in the second half of the century, the government has said quoting a UN report ahead of a key global climate conference in Peruvian capital Lima.

Nations pledge USD 9.3 bn for Green Climate Fund

Thirty nations meeting in Berlin today pledged USD 9.3 billion for a fund to help developing countries cut emissions and prepare for global warming, just shy of a USD 10 bn target.

India not enthusiastic about Ban Ki-moon-convened climate meet

India is giving a lukewarm response to Ban Ki-moon-convened Climate Conference in New York next week insisting that parallel platforms add too confusion and negotiations should be held under the mandate of United Nations Framework Convention on Climate Change only.

India likely to give lukewarm response to UN climate summit

India is likely to give a lukewarm response to the UN climate summit in New York this month as it views that it is not part of normal negotiation process being held under the aegis of UNFCCC.