Last year, we posted a series of audio-blogs outlining the key events of the 22nd Conference of the Parties as they unfolded. To continue with our tradition, we are commemorating the start of the UNFCCC’s COP23 with thoughts from GCAP CEO Tom Downing!
According to the Centre for Disaster Management and Risk Reduction Technology in Germany (by way of the Economist), rebuilding the Caribbean (including Puerto Rico) in the aftermath of Irma will cost nearly US$13bn. Critical to any reconstruction effort is an understanding of climate finance flows and what outcomes are produced for the communities.
The Green Climate Fund (GCF) has just approved a further 11 projects, totalling $393m in funding to help countries respond to climate change. Encouragingly, over half of these are projects either with an adaptation or resilience focus, or which combine low carbon and resilience components.