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UN climate fund approves first projects for poor countries ahead of Paris summit

A multi-billion dollar fund set up by the United Nations to help poor countries tackle climate change on Friday approved its first eight projects, which will receive $168 million, a key step before a global climate summit starts on Nov. 30.

The Green Climate Fund (GCF) has $10.2 billion in pledges and is a key ingredient for a U.N. climate accord. The Paris summit runs from Nov. 30 to Dec. 11.

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