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The Green Climate Fund (GCF) has achieved a milestone in its mission to progress climate action in developing countries with pledges to GCF’s first replenishment now reaching over USD 10 billion.

With the Austrian Government’s pledge this week of EUR 100 million, GCF reached the USD 10 billion mark - calculated at today’s exchange rate - to further bolster its ability to fund climate finance projects across over 100 countries during the next four years.

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