Antony Sguazzin of Bloomberg reports that a top green fund has backed deforestation-free crops with $189 million.
- The $12.8 billion Incheon, South Korea-based Green Climate Fund will support agriculture that doesn’t cause deforestation, an issue that has become prevalent especially in developing nations.
- Six of the eleven recipients of the $189 million grant are in Africa and include Zambia, Democratic Republic of Congo, and Cameroon.
- The Green Fund’s efforts are a testament to the power of private capital in promoting environmental solutions.
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