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Arctic finance initiative to invest in projects that cut pollution and waste

2014-03-14 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: A new financial initiative that will fund operations working to prevent and mitigate pollution of the Arctic has been launched this week. The Arctic Council Project Support Instrument (PSI), a funding mechanism managed by the Nordic Environmental Finance Corporation (NEFCO), became operational on Wednesday. It will provide loans and grants to support initiatives that will help eliminate pollutants such as black carbon and POPs and efforts to manage waste and mitigate climate change. The...

Tags: finance cut projects waste

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