The new Norwegian climate fund is a real breakthrough in climate finance. For the first time, Norway is allocating capital outside the aid budget to invest in solar&wind to protect humanity from the climate crisis by leapfrogging fossil fuels. https://t.co/GfLgg1Om6I https://t.co/v3xotspkEr

2021-07-07 13:44:42

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Government to establish new climate fund

The Norwegian Government has decided to allocate NOK 10 billion over a period of five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions.