Investing in Human Capital for Climate-Resilient Agriculture
By World Bank Blog Agriculture, the backbone of many developing economies, is particularly vulnerable to the effects of climate change. Farmers worldwide are adapting their practices to cope with fluctuating temperatures, erratic rainfall patterns, and the increasing frequency of extreme…
Green Climate Fund to fund Three major greening projects in Egypt and globally
The Green Climate Fund (GCF) has approved funding for three major greening projects that would benefit Egypt and more than a dozen other countries in the Global South at a total cost of $2.687 billion. The projects that will receive…
Sierra Leone Launches Climate Adaptation Solutions
The Government of Sierra Leone, in partnership with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility, has launched a transformative initiative to enhance climate resilience through innovation and entrepreneurship in water, agriculture, and energy sectors. The…
Climate change Impacts continue to Fuel Tensions in Nigeria
Despite its huge potential, Nigeria, Africa’s most populous country, continues to grapple with a host of challenges which are impacting people’s lives and triggering conflict over key resources, a senior UN official in the country said on Friday. Speaking to…
New UN Climate Change Report Shows National Climate Plans ‘Fall Miles Short of What’s Needed’
The following is a statement from UN Climate Change Executive Secretary Simon Stiell on the release of the 2024 Nationally Determined Contributions (NDC) Synthesis Report on 28 October 2024. The report assesses the combined impact of nations’ current national climate plans…
Nigerian Leader, Tinubu Advocates Urgent Climate Action
Abuja, Nigeria – President Bola Tinubu has issued a stark warning about the escalating threat of climate change to Nigeria, urging immediate action and resource mobilization to mitigate its devastating impacts. Speaking at the Climate Security Summit in Abuja, the…
Brazil Initiates Platform to fund Climate Transition, Adaptation Projects
Brazil Investment Platform (Plataforma de Investimentos do Brasil /BIP) provides investment ecosystem to tackle climate change, accelerate economic decarbonization, green reindustrialization This platform combines both the financing and the project. It will match the financier with applicants who have innovative…
Green Climate Fund Approves Funding worth over $130 million for FAO-led projects
The initiatives target water and food security challenges caused by climate change in fragile nations Songdo/Rome – In a landmark decision, the Green Climate Fund (GCF) has approved funding for two transformative projects valued at $134 million, to support adaptation…
How Policy Crediting can Accelerate Climate Action
To understand what policy crediting is and how it works in terms of results-based climate finance, we sat down with Nuyi Tao, Senior Climate Finance Specialist with the World Bank’s Transformative Carbon Asset Facility (TCAF) and Maksudjon Safarov, Senior Energy…
How is the World Doing on Climate Change? Not Great
By Lauren Sommer It’s report card season for climate change. Each year, the United Nations takes stock of whether countries are on track to cut carbon emissions and limit global warming. The grade this year: needs more improvement than ever….