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Spain Lifts Green Climate Fund Pledges to $9.7 Billion

A United Nations fund to help poor nations cope with climate change is nearing its $10 billion target of initial capitalization after Spain made a pledge.

Spain promised 120 million euros ($150 million) to the Green Climate Fund. That brought total contributions to $9.7 billion by 22 nations, the fund said today in an e-mailed statement.