Green Climate Fund approves landmark projects supporting forest conservation, sustainable livestock production, land restoration and climate-resilient development

The FAO-supported initiatives in Algeria and Mexico totalling $184.8 million will address food security and climate challenges, benefitting over a million people

Both Algeria and Mexico have made great strides in taking climate action with and through their agricultural sectors. Now, with support from FAO and GCF, the countries will ramp up their efforts to reduce greenhouse gas emissions, enhance climate resilience and ensure food security for rural communities.

Songdo, Republic of Korea/Rome – The Green Climate Fund (GCF) has approved two new projects valued at $184.8 million to bolster sustainable forest management, land restoration and climate-resilient development in Algeria and Mexico with support from the Food and Agriculture Organization of the United Nations (FAO). 

The announcements were made today during the forty-sixth meeting of the GCF Board (B.46) in Songdo, Republic of Korea.

Both Algeria and Mexico have made great strides in taking climate action with and through their agricultural sectors. Now, with support from FAO and GCF, the countries will ramp up their efforts to reduce greenhouse gas emissions, enhance climate resilience and ensure food security for rural communities.