This study shows that the biggest climate offenders are in fact the richest countries in the world, while low and middle income countries suffer from the effects. With the failure of climate talks at Cancun, the role of the World Bank as manager of funds for climate change adaptation and resilience funds has emerged.
A new institutional architecture is emerging for climate change adaptation finance, with the UNFCCC Adaptation Fund now operational and dialogue underway on post-2012 arrangements. Some donor countries have also begun to channel official development assistance (ODA) through designated adaptation funds.
A U.N. committee has completed the draft design of a fund to help developing countries tackle climate change, paving the way for its launch in 2013, the U.N.'s climate chief said on Friday.
Bangladesh demanded a direct access to Global Climate Fund which ensures decentralised decision making at the national level for effective and efficient resource management.
As the international community mobilizes in response to global climatic changes, climate funds must ensure the equitable and effective allocation of funds for the world’s most vulnerable populations.
The UNDP has launched report that provides a step-by-step guide to developing countries in setting up national climate funds and in making informed decisions on climate financing options. This guidebook is based on UNDP’s experience with 750 funds comprising over US$5 billion in resources from various donors.
A record rise in global greenhouse emissions and ever tighter economic constraints make it crucial for United Nations climate talks in South Africa in November to overcome years of deadlock and del
