A new United Nations climate finance body to be headquartered in South Korea plans to hire dozens of professionals by next year, the South Korean government said Monday. "The GCF secretariat plans to hire 48 professionals by the first half of next year," said South Korea's Finance Minister Hyun Oh-seok. The announcement came as South Korea's Songdo District in Incheon, west of Seoul, was selected last year to host its secretariat, raising hopes that the country will play a bigger role on the international stage in tackling global challenges of climate change. GCF is a U.N. environment fund launched at the end of 2010 with the purpose of channeling money from industrialized nations to developing countries, helping them tackle global warming and other causes of climate change while pursuing economic growth. It is frequently referred to as the "World Bank" of green growth and climate change fronts. South Korea plans to contribute US$2 million by next year to GCF.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor