Launched in 2019, the GEF-supported The Restoration Initiative unites ten Asian and African countries and three Global Environment Facility agencies – the International Union for Conservation of Nature (IUCN), the Food and Agriculture Organization of the United Nations (FAO), and the United Nations Environment Programme (UNEP) – in working to restore degraded landscapes in support of the Bonn Challenge.
The Paris Agreement was adopted by the Parties at the United Nations Framework Convention on Climate Change's (UNFCCC) 21st Conference of the Parties (COP21) in December 2015. The Enhanced Transparency Framework (ETF) is a crucial result of the Paris Agreement for tracking and reporting the progress of existing and future country commitments, with built-in flexibility for developing country Parties.
The Asian Development Bank (ADB) this week approved $3.8 million to support the restoration, conservation, and management of coral reefs in four countries in Southeast Asia and the Pacific.
The project, financed by the Asia-Pacific Climate Finance Fund (ACliFF) and the Global Environment Facility will develop climate risk financing and insurance solutions to protect coral reef ecosystems in Fiji, Indonesia, the Philippines, and Solomon Islands.
Through the GEF investment, India has taken the first step to eliminate dependency on the insecticide DDT by promoting locally appropriate, cost-effective, and sustainable alternatives, including the Long-Lasting Insecticidal Net (LLIN) and Neem-based and bacteria-based biopesticides. HIL (India) Limited (HIL), a public sector enterprise, is the only manufacturer of DDT in the world and is committed to phase out production of DDT by 2024.
