Implementation of the Paris Climate Agreement received a welcome boost today with the launch of a new fund to help build mutual trust and confidence among countries. The  Capacity-building Initiative for Transparency (CBIT), a new trust fund hosted by the Global Environment Facility (GEF), was declared “open for business” by GEF CEO and Chairperson, Naoko Ishii, here at the COP 22 climate talks in Marrakesh.

Read Global Environment Facility press release

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