Federal Republic of Somalia
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News + Stories
Green Climate Fund and Somalia: Accelerated USD 100 million investment partnership
12 Mar 2024 / Mogadishu, Somalia – The Green Climate Fund’s (GCF) Executive Director, Mafalda Duarte headed the first-ever GCF delegation to Somalia, announcing an accelerated programme of climate action investment – anticipated at USD 100 million over the next year. Duarte released her 50by30 vision at the UN Climate Action Summit in September 2023, announcing intentions to build a fund capable of impactfully and efficiently managing USD 50 billion by 2030 – with a clear focus on helping the most vulnerable countries and communities.