ACT Alliance: Money starts flowing into Green Climate Fund

Germany and Denmark have pledged to contribute nearly €55m to the Green Climate Fund, a pot of money that will finance mitigation, adaptation and new technology in poor countries hit by climate change, reports Reuters AlertNet. The fund is expected to be one of the few concrete results from Durban, which has so far netted little for developing countries and small island states struggling with the effects of climate change.

ACT General Secretary John Nduna welcomed the Danish and German initiative, saying it was a strong political signal that showed commitment to the fund even before it was operational, "As many ACT members are part of the fabric of their communities, we know the great need for climate finance. Much of ACT's work in disaster risk reduction, relief and development is related to the adaptation agenda of these climate talks."