SEOUL, Nov. 14 (Korea Bizwire) – South Korea will continue to play a key role in supporting developing nations’ responses to climate challenges as the Green Climate Fund (GCF) marked the 10th anniversary of the foundation this year, Seoul’s finance ministry said Tuesday. Established in December 2013, the GCF has been the world’s largest climate [...]
SEOUL, Aug. 22 (Korea Bizwire) — South Korea’s overseas aid agency said Saturday that the Green Climate Fund (GCF), an international institution on fighting climate change, has approved US$5 million to help bankroll its solar power plant project for the Pacific island country of Fiji. The GCF, headquartered in Songdo of Incheon, west of Seoul, [...]
SEJONG, Nov. 15 (Korea Bizwire) – South Korea will participate in coastal management project in Tuvalu that aims to protect the South Pacific country from rising sea levels, the government said Wednesday. The two countries signed a memorandum of understanding in Funafuti, Tuvalu, for cooperation on building ports and developing coastal anti-disaster measures, the Ministry [...]
SEOUL, April 7 (Korea Bizwire) – The Green Climate Fund, the South Korea-based United Nations climate fund aimed at helping poor nations fight global warming, has approved eight new projects worth US$755 million, according to the organization Friday. The approval, which was made at the fund’s board meeting in South Korea on Thursday, brought its [...]
SEOUL, Nov. 8 (Korea Bizwire) — The South Korea-based United Nations climate fund has endorsed eight initial projects worth US$168 million to help developing countries deal with climate change, Seoul’s finance ministry said Sunday. In the 11th meeting of the board of directors in Livingston, Zambia, from Nov. 2-5, the Green Climate Fund (GCF) approved [...]