The initiative brings good opportunities for nations like Ecuador to raise funding to implement programs for mitigating climate change, said Carlos Viteri who chairs the Committee on Biodiversity and Natural Resources of the National Assembly.

On Sept. 25, Chinese President Xi Jinping announced that China will make available 20 billion yuan (about 3 billion U.S. dollars) for the China South-South Climate Cooperation Fund, which will support other developing countries to combat climate change.

Available: http://news.xinhuanet.com/english/2015-10/14/c_134713770.htm