New initiative aims to leverage climate adaptation investment
The United Nations Industrial Development Organization (UNIDO) and Global Environment Facility (GEF) launched a project at COP28 in Dubai to share lessons from recent investments in climate resilience and to identify strategies that can boost successful adaptation measures involving the private sector.
Joint statement on donors' pledge of $174.2 million and confirmation of support to the Least Developed Countries Fund and Special Climate Change Fund
The text of the following statement was released by the Governments of Belgium, Canada, France, Germany, Norway, Spain, Sweden, and the United Kingdom.
In good news for adaptation, donors boost support to LDCF and SCCF
Updated Dec. 8, 2023 - Ireland announces 2.5 million euros to the LDCF and 2.18 million euros to the SCCF to support locally-led climate adaptation solutions.
Enhancing access and increasing impact: the role of the multilateral climate funds
Joint declaration of the heads of the Adaptation Fund, the Climate Investment Funds, the Global Environment Facility and the Green Climate Fund
The need for collective, urgent, and ambitious action on climate is greater than ever before. As the results of the first global stocktake make clear, the world is not on track to meet the goals of the Paris Agreement. While progress is seen in some areas, much more is needed to reach net zero and adapt to climate impacts. A rigorous “all of economy, all of society” approach is needed across all systems and sectors.