Green Climate Fund to back energy 'paradigm shift'

http://planetark.org/enviro-news/item/72593

The Green Climate Fund will invest in energy projects that shift away from "business as usual" and have a significant impact on curbing climate change, its executive director has said.

The fund's board hopes to approve a "sample" of projects and programs by the time of the U.N. next major climate conference in a year's time in Paris, where governments are due to agree a new global deal on climate change, Cheikhrouhou said.

Money will start flowing to projects on the ground in 2016, she added.

We should be well done the track by 2016 with CETO 5 and CETO 6 should be the apple of CWE's eye. CETO 7 will be the challenge by them hopefully.