WASHINGTON (Reuters) - Donor countries on Wednesday pledged a record $4.25 billion over the next four years for the Global Environment Facility, the world's largest public green fund that helps developing countries tackle climate change.
The commitments are a 52 percent increase in new resources for the GEF made by 30 countries at a pledging session in Paris, the group said in a statement.
GEF Chief Executive Monique Barbut said the replenishment of funds is the first "tangible confirmation of financial commitments" made during international climate talks in Copenhagen in December.
