New Report Highlights Success Of European Climate Finance

DURBAN, South Africa,– Whether the initiatives are large scale, like Kenya’s plans to secure a quarter of its energy from geothermal sources, or more locally-based, like a project in India to replace kerosene lamps with off-grid solar lighting, all are indicative of the power of climate finance. In a report carried out by the Center for Clean Air Policy-Europe, under a grant agreement of the European Climate Foundation, “Climate Finance Works” showcases 40 of these climate finance success stories and demonstrates that low-carbon development activities are possible with outside financing support.

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