Generation
Ivory Coast Announces $500M Green Financing Fund
The fund aims to support sustainable development projects throughout the country and strengthen resilience to the impacts of climate change. The fund will receive contributions from the Ivorian government, along with finance facilities from the Green Climate Fund and the Global Environment Facility.
Additional funding will come from multilateral development banks and private investors.
Managed by the Banque Nationale d’Investissement, the fund will finance the development of sustainable projects, including carbon credit programs, to drive environmental and economic growth in Ivory Coast.
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