Browsing: climate fund

• A total of 34 countries at risk of climate disaster across Africa, Asia, the Caribbean, and the Pacific have mobilised over $150 million towards 2,100 adaptation projects. 
• To date, the EU has provided over $58 million for climate adaptation initiatives. EU members Sweden has raised $52 million, while Denmark and Belgium have each raised $14 million. 
• Climate vulnerable countries say their needs are growing exponentially and therefore need urgent support to avert disasters.

Ministers from some of the world’s most climate vulnerable countries have called on international institutions and donors to boost access to finance to aid their adaptation to the impacts of changing weather patterns using the Local Climate Adaptive Living Facility (LoCAL). 

Without funds, populations face bleak future

LoCAL, which is designed and managed by the UN Capital Development Fund, was identified as part of the climate finance “solution” at a ministerial meeting of member countries in Brussels, …