Turkish deputy prime minister calls for scaling up of climate finance to developing countries

"Financial resources need to be scaled up immediately and substantially to support mitigation and adaptation activities in developing countries. Time is ticking away… we should not let the battle against climate change stand still," told Turkish Deputy Prime Minister Ali Babacan the multi-stakeholder Climate Investment Funds Partnership Forum, as reported by The Financial. At the one week long forum over US$ 500 million was allocated for building climate resilience and disaster preparedness, REDD+, and clean technologies in developing countries.

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