Climate fund approves $1 billion for green projects in poor countries

Berlin officials have decided protect the poorer countries from climate change, as they have raised $1B in investment after a 4 days meeting in Bahrain. They stated that they have approved 19 new projects, which includes a program to protect freshwater resource in Bahrain. Some Environmentalists had argued the Gulf nation should pay for the project itself using money it has made off its vast reserves of oil and gas. Debates within the fund have sometimes split Western countries and large emerging economies such as China, Egypt and Saudi Arabia. The fund’s last director, Howard Bamsey…