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Pakistan secures $3.8 million World Bank fund to combat climate change

2013-12-21 23:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Recorder: Pakistan has won dollars 3.8 million Readiness Fund of Forest Carbon Partnership Facility (FCPF) to combat climate change and tropical deforestation after a tough competition at Geneva, Switzerland. The FCPF is the World Bank administered facility that is set up to compensate developing countries for reductions in carbon dioxide emissions achieved by preserving their forests. A total of eight new countries including Pakistan have been selected for the FCPF fund after Norway pledged dollars 100...

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