Maximpact Blog

Green Climate Fund Seeks Financial Stability

Andorra

On a stretch of land along the Incheon city waterfront reclaimed from the Yellow Sea, lies the brand new Songdo International Business District. But Songdo is more than just a business district, it’s a smart city built from scratch just 30 kilometers southwest of South Korea’s capital city, Seoul.

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Climate Action Summit Yields Trillions in Funding

UNSecGenRushing

UN Secretary-General Antonio Guterres warned world leaders not to come to his landmark Climate Action Summit with beautiful speeches alone, but to present plans for cutting greenhouse gas emissions and strategies for carbon neutrality by 2050. So what was promised at Monday’s event at UN Headquarters in New York?

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COP23 Fertilizes Climate-Smart Agriculture

HarvestGrapes

New commitments and initiatives in the agriculture and water sectors were announced as nearly 200 countries gathered at the United Nations Climate Conference (COP23) hosted by the government of Fiji in Bonn, November 6-17.

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Green Climate Fund Disburses Hope

Green Climate Fund Disburses Hope

Just three days before he left office on January 20, U.S. President Barack Obama transferred a second installment of US$500 million to the Green Climate Fund, based in South Korea’s Songdo International Business District.

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US$100 Billion to Finance Climate Triage

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Finance is always a hot issue at UN climate talks, and this year’s 22nd Conference of the Parties to the UN Framework Convention on Climate Change will focus even more intently on financing – this time to support the first global greenhouse gas limitation pact.

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2050 Climate Adaptation Costs: $500B a Year

adaptation2016

By 2050, the cost of adapting to climate change in developing countries could balloon to $500 billion a year, five times greater than previous estimates, warns a new report from the United Nations Environment Programme.

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