Green Climate Fund invests $23.1 million towards building climate resilience of herder communities
At the 27th meeting of its Board, the Green Climate Fund (GCF) yesterday, November 10 approved a new US$23.1 million grant towards strengthening the climate resilience of herder communities in Mongolia. Approximately 26,000 households (130,000 people), living across four of the country’s most remote and vulnerable Western and Eastern aimags (provinces) are set to benefit, with a further 160,000 households (800,000 people) to benefit indirectly – around one quarter of Mongolia’s national population.
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