Climate Finance

Green climate fund grants Maldives US$23m for safe water

The UN’s climate fund has approved US$23.6 million for a project to ensure the delivery of safe freshwater to 105,000 people in the outer islands of the Maldives. The project is among the first eight investments approved by the Green Climate Fund (GCF), a global initiative established to provide financing from wealthy nations for adaptation projects in developing countries.

Climate institutions in “flux”, consolidation needed for Maldives Green Fund success: leaked Transparency report

Maldives Green Fund to merge “scattered” climate finance