MONROVIA, LIBERIA-(Daniel Ankrah Reports)-Liberia is for the first time expected to host the Green Climate Fund (GCF) Board Meeting early February, 2020.
The GCF fund is intended to help developing countries set goals aimed at combating climate change.
A member of the GCF board, Jeremiah Sokan, said most of the participants for the Green Climate Fund, including the World Bank and IMF, will arrive in country for the meeting soon.
Mr. Sokan said:” President George Weah has also agreed to officially open the meeting, while Finance Minister Samuel Tweh will make a case study on behalf of Liberia.”
In an interview with this ELBC Thursday, January 30, 2020, Mr. Sokan disclosed that following the board meeting, another technical meeting is expected to commence from the ninth of February to the twelfth.
The Fund is a unique global platform to respond to climate change by investing in low-emission and climate-resilient development.
GCF was established to limit or reduce greenhouse gas (GHG) emissions in developing countries, and to help vulnerable societies adapt to the unavoidable impacts of climate change.
Given the urgency and seriousness of this challenge, the Fund is mandated to make an ambitious contribution to the united global response to climate change.