Innovative finance agreement between the Swiss Federal Office for the Environment and the United Nations Development Programme charts new pathways to unlock the development benefits of decarbonization in developing countries

Geneva, March 11, 2022 - The Swiss Federal Office for the Environment (FOEN) and the United Nations Development Programme (UNDP) announced today a $42 million pay-for-results collaboration to unlock the development benefits of private climate investments in developing countries while supporting Switzerland to reduce greenhouse gas emissions generated by its government operations.

Source: UNDP: Read full article