Zimbabwe: Climate Change Biggest Threat to Poverty Alleviation

5 September 2006

Cape Town — ZIMBABWE has called on the Global Environment Facility (GEF) to provide adequate financial resources to build capacity and improve the lives of millions of people in developing countries, especially Africa.

African countries complained at the Third GEF Assembly last week that they were failing to access finance for environmental projects because of strict monetary policies of the body, the main financing mechanism for sustainable development through Millennium Development Goal 7 on environmental sustainability.

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