GENEVA (AP) – A new global fund on climate change that aims to channel $100 billion a year in aid to poor countries selected officials from South Africa and Australia as its leaders at its first meeting Thursday.
The U.N.’s Green Climate Fund will be led by Zaheer Fakir, head of international relations for South Africa’s environment agency, and Ewen McDonald, deputy head of Australia’s international development agency, the fund said in a statement.
U.N. organizers meet to create $100 billion climate change fund
August 23, 2012