Nine new projects backed by the Green Climate Fund (GCF) are ready for implementation. Project agreements were signed for each project on the margins of GCF’s 42nd Board meeting (B.42), where the projects were approved. In addition, three projects received their first disbursement shortly after the agreement signings. B.42, which took place in Papua New Guinea from 30 June to 3 July 2025, saw a record volume of GCF investment approved in a Board meeting – USD 1.225 billion for 17 projects. GCF now has a portfolio of 314 projects…
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